CompUSA 2015 Annual Report Download - page 19

Table of Contents
Item 2. Properties.
WeoperateourbusinessfromnumerousfacilitiesinNorthAmerica,EuropeandAsia.Thesefacilitiesincludeourheadquarterslocation,administrativeoffices,
telephonecallcenters,distributioncentersandretailstores.Certainfacilitieshandlemultiplefunctions.Mostofourfacilitiesareleased;certainareownedbythe
Company.
North Americ a
AsofDecember31,2015wehavesevenoperationaldistributioncentersinNorthAmericawhichaggregateapproximately2.5millionsquarefeet,allofwhichare
leased.  Six of the distribution centers are part of the IPG segment and total 2.1 million square feet. The remaining distribution center is part of the now
discontinuedNATGsegmentandwasclosedduringFebruary2016.Inadditiontotheseoperationaldistributioncenters,atDecember31,2015wehadtwovacant
distributioncenterswhicharebeingmarketedforsublease.
Ourheadquarters, administrativeofficesandcallcentersaggregateapproximately344,000squarefeet,allofwhichareleased.TheIPGsegment accounts for
232,000squarefeet,theNATGsegment102,000squarefeet,andapproximately10,000squarefeetfortheCorporateandOthersegment.
ThefollowingtablesummarizesthegeographiclocationofourNorthAmericaretailstoresattheendof2015:
Location Stores Open – 12/31/14 
Store Openings/
(Store Closings) Stores Open – 12/31/15 
Delaware  1  (1)  - 
Florida  15  (14)  1 
Georgia  1  -  1 
Illinois  4  (4)  - 
NorthCarolina  1  (1)  - 
PuertoRico  2  (2)  - 
Texas  4  (4)  - 
Ontario,Canada 6(6) - 
 34  (32)  2 
Europe
As of December 31, 2015, we have four distribution centers in EMEA Technology which aggregate approximately 185,000 square feet.  Three of these,
aggregating approximately 112,000 square feet are leased; one distribution center of approximately 73,000 square feet is owned by the Company.  Our
administrativeofficesandcallcentersaggregateapproximately310,000squarefeet,ofwhich233,000squarefeetareleasedand77,000squarefeetareownedby
theCompany.
Asia
AsofDecember31,2015,weleasedadministrativeofficesinAsiaofapproximately10,000squarefeet.7,000squarefeetpertaintotheCorporateandOther
segment.Theremaining3,000squarefeetarepartoftheIPGsegment.
PleaserefertoNote12totheConsolidatedFinancialStatementsforadditionalinformationaboutleasedproperties,includingaggregaterentalexpenseforthese
properties.
Item 3. Legal Proceedings.
TheCompanyanditssubsidiariesareinvolvedinvariouslawsuits,claims,investigationsandproceedingsincludingcommercial,employment,consumer,personal
injuryandhealthandsafetylawmatters,whicharebeinghandledanddefendedintheordinarycourseofbusiness.Inaddition,theCompanyissubjecttovarious
assertions,claims,proceedingsandrequestsforindemnificationconcerningintellectualproperty,includingpatentinfringementsuitsinvolvingtechnologiesthat
are incorporated in a broad spectrum of products the Companysells.  The Company is also audited by (or hasinitiated voluntary disclosure agreements with)
numerous governmental agencies in various countries, including U.S. Federal and state authorities, concerning potential income tax, sales tax and unclaimed
propertyliabilities. Thesemattersare invariousstages ofinvestigation,negotiation and/orlitigation,andarebeingvigorouslydefended.The Companyisalso
beingauditedbyanentityrepresenting45statesseekingrecoveryof“unclaimedproperty”.TheCompanyiscomplyingwiththeauditandisprovidingrequested
information.
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