Floor Decor Holdings Inc
For the period ended Dec 28, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
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Item 2. Properties
As of December 28, 2023, we operated 221 U.S. warehouse-format stores located in 36 states as shown in the table below:
| State | Number ofStores |
|---|---|
| Alabama | 4 |
| Arizona | 7 |
| California | 27 |
| Colorado | 6 |
| Connecticut | 3 |
| Florida | 28 |
| Georgia | 10 |
| Illinois | 10 |
| Indiana | 2 |
| Iowa | 1 |
| Kansas | 2 |
| Kentucky | 2 |
| Louisiana | 4 |
| Maryland | 4 |
| Massachusetts | 7 |
| Michigan | 4 |
| Minnesota | 3 |
| Missouri | 2 |
| Nebraska | 1 |
| Nevada | 4 |
| New Hampshire | 1 |
| New Jersey | 9 |
| New Mexico | 1 |
| New York | 9 |
| North Carolina | 5 |
| Ohio | 4 |
| Oklahoma | 2 |
| Oregon | 1 |
| Pennsylvania | 4 |
| South Carolina | 3 |
| Tennessee | 4 |
| Texas | 31 |
| Utah | 3 |
| Virginia | 8 |
| Washington | 3 |
| Wisconsin | 2 |
| Total | 221 |
The following table presents the percentage of our owned versus leased facilities in operation at the end of fiscal 2023 and their total square footage:
| square footage in thousands | Owned | Leased | Total Square Footage |
|---|---|---|---|
| Stores | 6% | 94% | 17,237 |
| Distribution centers | 20% | 80% | 5,680 |
| Offices and other | —% | 100% | 530 |
| Total | 23,447 | ||
Stores include our 221 warehouse-format stores and five small-format design studios. Distribution centers include our four distribution centers located in or near Houston, Savannah, Los Angeles, and Baltimore and our transload facility near Los Angeles. Offices and other includes our headquarters, which we refer to as our store support center, located in Atlanta, our product review and sample fulfillment center located near Atlanta, and other administrative, sales, and warehousing facilities supporting our commercial surfaces business. The property tables above exclude locations where we have taken possession of the premises but are not yet operating. See Note 9, “Commitments and Contingencies” of the notes to our consolidated financial statements included in this Annual Report for additional details related to our leases.
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