Dillard's 2015 Annual Report Download - page 14

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8
ITEM 1B. UNRESOLVED STAFF COMMENTS.
None.
ITEM 2. PROPERTIES.
All of our stores are owned by us or leased from third parties. At January 30, 2016, we operated 297 stores in 29 states
totaling approximately 50.1 million square feet of which we owned approximately 44.4 million square feet. Our third-party
store leases typically provide for rental payments based on a percentage of net sales with a guaranteed minimum annual rent. In
general, the Company pays the cost of insurance, maintenance and real estate taxes related to the leases.
The following table summarizes by state of operation the number of retail stores we operate and the corresponding owned
and leased footprint at January 30, 2016:
Location
Number
of stores
Owned
Stores
Leased
Stores
Owned
Building
on Leased
Land
Partially
Owned
and
Partially
Leased
Alabama . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 9———
Arkansas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 7—— 1
Arizona. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 16 — 1 —
California . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3———
Colorado. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7———
Florida . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 39 1 2 —
Georgia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12831—
Iowa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5———
Idaho . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2———
Illinois . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3———
Indiana . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3———
Kansas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6312—
Kentucky . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 5 1——
Louisiana . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 14 1 — —
Missouri . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10712—
Mississippi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6411—
Montana . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2———
North Carolina . . . . . . . . . . . . . . . . . . . . . . . . . . 14 13 1 — —
Nebraska . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 1——
New Mexico. . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 3 3——
Nevada . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5———
Ohio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 11 3 — —
Oklahoma. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 6 4——
South Carolina . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8———
Tennessee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1081—1
Texas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 43 10 1 5
Utah . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 4 1——
Virginia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65—1—
Wyoming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1———
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 297 246 33 11 7