Harman Kardon 2010 Annual Report Download - page 39

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Item 2. Properties
Our corporate headquarters are located at 400 Atlantic Street, Stamford, Connecticut, 06901. Certain
information regarding our principal facilities are described in the table below.
Location Segments
Size
(Sq. Ft.)
Owned
or
Leased
Percentage
Utilization
Ittersbach, Germany ..................................... Automotive 565,000 Owned 100%
Atlanta, Georgia ........................................ Consumer 305,000 Leased 100%
Moreno, California ...................................... Consumer
Professional
301,000 Leased 100%
Northridge, California ................................... Consumer
Professional
238,000 Leased 100%
Straubing, Germany ..................................... Automotive 235,000 Owned 100%
Elkhart, Indiana ........................................ Professional 223,000 Owned 86%
Szekesfehervar, Hungary ................................. Automotive 222,000 Owned 100%
Chateau du Loir, France .................................. Automotive
Consumer
221,000 Owned 75%
Worth-Schaidt, Germany ................................. Automotive 204,000 Owned 100%
Tijuana, Mexico ........................................ Professional 198,000 Leased 100%
Vienna, Austria ........................................ Professional 193,000 Leased 40%
Tijuana, Mexico ........................................ Professional 170,000 Leased 40%
Bridgend, United Kingdom ............................... Automotive 168,000 Leased 100%
Franklin, Kentucky ..................................... Automotive 152,000 Owned 100%
Farmington Hills, Michigan ............................... Automotive 151,000 Leased 100%
Suzhou, China ......................................... Automotive 145,000 Owned 100%
Sandy, Utah ........................................... Professional 127,000 Leased 100%
Juarez, Mexico ......................................... Automotive 109,000 Leased 100%
Washington, Missouri ................................... Automotive 101,000 Owned 100%
We also own or lease other facilities that are not considered principal properties. We believe that our
facilities are suitable and adequate for our present needs and that suitable additional or substitute facilities will be
available, if required.
Item 3. Legal Proceedings
At June 30, 2010, we were subject to legal claims and litigation arising in the ordinary course of business,
including the matters described below. The outcome of these legal actions cannot be predicted with certainty;
however, management, based upon advice from legal counsel, believes such actions are either without merit or
will not have a material adverse effect on our financial condition or results of operations.
In re Harman International Industries, Inc. Securities Litigation
On October 1, 2007, a purported class action lawsuit was filed by Cheolan Kim (the “Kim Plaintiff”) against
Harman and certain of our officers in the United States District Court for the District of Columbia (the “Court”)
seeking compensatory damages and costs on behalf of all persons who purchased our common stock between
April 26, 2007 and September 24, 2007 (the “Class Period”). The original complaint alleged claims for violations
of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “1934 Act”) and Rule 10b-5
promulgated thereunder.
The complaint alleged that the defendants omitted to disclose material adverse facts about Harman’s financial
condition and business prospects. The complaint contended that had these facts not been concealed at the time the
merger agreement with Kohlberg Kravis Roberts & Co. (“KKR”) and GS Capital Partners VI Fund, L.P. and its
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