FLEXSTEEL INDUSTRIES INC
For the period ended Jun 30, 2024. Filed Aug 30, 2024.
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FY2024 · Filed Aug 30, 2024
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ITEM 2. PROPERTIES
The Company owns the following facilities as of June 30, 2024:
| Approximate | ||
|---|---|---|
| Location | Size (square feet) | Principal Operations |
| Huntingburg, Indiana | 611,000 | Distribution |
| Edgerton, Kansas | 500,000 | Distribution |
| Dublin, Georgia(1) | 315,000 | Manufacturing (Held for Sale) |
| Dubuque, Iowa | 40,000 | Corporate Office |
(1)
Facility is classified as held for sale as of June 30, 2024. See Note 6 Assets Held for Saleof the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K for disclosure of the assets held for sale.
The Company leases the following facilities as of June 30, 2024:
| Approximate | ||
|---|---|---|
| Location | Size (square feet) | Principal Operations |
| Mexicali, Mexico | 508,000 | Manufacturing |
| Greencastle, Pennsylvania | 242,000 | Distribution |
| Juarez, Mexico | 225,000 | Manufacturing |
| Juarez, Mexico | 197,000 | Manufacturing |
| Juarez, Mexico | 131,000 | Manufacturing |
| High Point, North Carolina | 54,000 | Showroom |
| El Paso, Texas | 38,000 | Warehouse |
| High Point, North Carolina | 11,000 | Design & Engineering Center |
| Las Vegas, NV | 10,000 | Showroom |
| Shenzhen, China | 2,000 | Office |
| Bangkok, Thailand | 1,500 | Office |
| Binh Duong, Vietnam | 1,000 | Office |
See Note 2 Leases of the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K for further discussion of the leased assets.
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