Circuit City 2004 Annual Report Download - page 11

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As of December 31, 2004, we employed a total of 3,070 employees, including 2,960 full-time and 110 part-time
employees, of whom 1,760 were in North America and 1,310 were in Europe.
Environmental Matters
Under various national, state and local environmental laws and regulations in North America and Europe, a
current or previous owner or operator (including the lessee) of real property may become liable for the costs of removal
or remediation of hazardous substances at such real property. Such laws and regulations often impose liability without
regard to fault. We lease most of our facilities. In connection with such leases, we could be held liable for the costs of
removal or remedial actions with respect to hazardous substances. Although we have not been notified of, and are not
otherwise aware of, any material environmental liability, claim or non-compliance, there can be no assurance that we
will not be required to incur remediation or other costs in connection with environmental matters in the future.
Financial Information About Foreign and Domestic Operations
We conduct our business in North America (the United States and Canada) and Europe. The following sets forth our
operations in those two geographic markets (in thousands):
Europe North America Total
2004
----
Net sales $695,695 $1,232,452 $1,928,147
Income (loss) from operations $(12,376) $31,375 $18,999
Identifiable assets $169,912 $313,284 $483,196
2003
----
Net sales $631,048 $1,024,688 $1,655,736
Income (loss) from operations $(5,251) $14,401 $9,150
Identifiable assets $140,319 $304,941 $445,260
2002
----
Net sales $587,681 $964,255 $1,551,936
Income (loss) from operations $7,795 $(14,820) $(7,025)
Identifiable assets $130,241 $306,346 $436,587
10
Item 2. Properties.
Our primary facilities, which are leased except where otherwise indicated, are as follows:
Facility Location Approximate Expirat
-------- -------- -----------
-------
Square Feet of Lea
-----------
------
Headquarters, Sales and Distribution Center(1) Port Washington, NY 86,000 2007
Sales and Distribution Center Suwanee, GA 361,000 Owned
Sales and Distribution Center Naperville, IL 241,000 2010
PC Assembly, Sales and Distribution Center Fletcher, OH 297,000 Owned
Sales and Administrative Center Miami, FL 71,000 2010