Pier 1 2008 Annual Report Download - page 15

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United States (Continued)
Illinois 43 New Jersey 35 West Virginia 5
Indiana 18 New Mexico 5 Wisconsin 19
Iowa 9 New York 46 Wyoming 1
Kansas 9 North Carolina 34
Kentucky 11 North Dakota 3
Canada
Alberta 11 New Brunswick 2 Ontario 35
British Columbia 14 Newfoundland 1 Quebec 15
Manitoba 2 Nova Scotia 1 Saskatchewan 2
As of March 1, 2008, the Company owned or leased under operating leases the following warehouse
properties in or near the following cities:
Location Approx. Sq. Ft.
Owned/Leased
Facility
Baltimore, Maryland .................................... 981,000 sq. ft. Leased
Chicago, Illinois ....................................... 514,000 sq. ft. Owned
Columbus, Ohio ....................................... 527,000 sq. ft. Leased
Fort Worth, Texas ...................................... 460,000 sq. ft. Owned
Ontario, California ..................................... 747,000 sq. ft. Leased
Savannah, Georgia ..................................... 784,000 sq. ft. Leased
Tacoma, Washington .................................... 451,000 sq. ft. Leased
Item 3. Legal Proceedings.
During fiscal 2008, the Company paid $4.4 million for the settlement of a class action lawsuit in
California regarding compensation matters. This amount had been accrued during fiscal 2007.
There are various claims, lawsuits, investigations and pending actions against the Company and its
subsidiaries incident to the operations of its business. The Company considers them to be ordinary and routine
in nature. The Company maintains liability insurance for protection against most of these claims. It is the
opinion of management, after consultation with counsel, that the ultimate resolution of such litigation will not
have a material adverse effect, either individually or in aggregate, on the Company’s financial position, results
of operations or liquidity.
Item 4. Submission of Matters to a Vote of Security Holders.
There were no matters submitted to a vote of the Company’s security holders during the fourth quarter of
the Company’s 2008 fiscal year.
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