Einstein Bros 2003 Annual Report Download - page 15

Download and view the complete annual report

Please find page 15 of the 2003 Einstein Bros annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 75

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75

http://www.sec.gov/Archives/edgar/data/949373/000104746904009609/a2132006z10-k.htm[9/11/2014 10:13:55 AM]
Minnesota 10 2 12
Missouri 16 1 17
Nevada 9 2 11
New Hampshire 1 — 1
New Jersey 5 47 52
New Mexico 5 — 5
New York 5 22 27
North Carolina 2 13 15
Ohio 13 3 16
Oregon 6 1 7
Pennsylvania 15 48 63
South Carolina — 5 5
Texas 25 6 31
Utah 20 — 20
Virginia 14 29 43
Washington 5 — 5
West Virginia — 1 1
Wisconsin 12 2 14
Total 464 272 736
16
Information with respect to our headquarters, training and production facilities is presented below:
Location
Facility
Size
Golden, CO(1) Headquarters, Support Center, Test Kitchen 46,802 sq. ft.
Hamilton, NJ (2) Franchise Support Center, Test Kitchen 13,300 sq. ft.
Whittier, CA(3) Production Facility 54,640 sq. ft.
Los Angeles, CA(4) Production and Distribution Facility 24,000 sq. ft.
Eatontown, NJ(5) Former Office Space and Production Facility 89,774 sq. ft.
Branford, CT(6) Office, Training Center, Roasting Facility, Storage 7,400 sq. ft.
Walnut Creek, CA(7) Administration Office-Noah's 3,290 sq. ft.
(1) This facility is leased through May 31, 2007.
(2) This facility is leased through October 31, 2005.
(3) This facility is leased with an initial lease term through November 30, 2005 with two five-year extension options.
(4) This facility is leased with an initial lease term through April 30, 2007 and two five-year extension options. Effective March 2003, this
facility was no longer operated by us. In July 2003 we sublet the facility for the remainder of the term.
(5) This facility is leased through October 31, 2007. This facility is not currently in operation and we are in litigation with the landlord. See
"Item 3. Legal Proceedings" below.
(6) This facility is leased through June 30, 2004. We are currently negotiating an option for a lease extension with the landlord.
(7) This facility is leased through February 28, 2005 with one three-year extension option.
ITEM 3. LEGAL PROCEEDINGS
We are subject to claims and legal actions in the ordinary course of our business, including claims by our franchisees, licensees, and
employees or former employees. We do not believe that an adverse outcome in any currently pending or threatened matter, other than described
below, would have a material adverse effect on our business, results of operations or financial condition.