filings.toolsItem 2. Properties
2K characters. Original on sec.gov · Markdown
Item 2. Properties
Our properties consist primarily of owned and leased office facilities for sales, research and development, administrative, customer service and technical support personnel. Our corporate headquarters is located in Mountain View, California where we occupy facilities totaling approximately 734,000 square feet, of which 723,000 square feet is owned and 11,000 square feet is leased. Our leased facilities are occupied under agreements that expire on various dates through fiscal 2029. The following table presents the approximate square footage of our facilities as of March 30, 2018:
| Approximate Square Footage (1) | ||||||||
| (In thousands) | Owned | Leased | ||||||
| Americas (U.S., Canada and Latin America) | 1,402 | 746 | ||||||
| EMEA (Europe, Middle East and Africa) | 163 | 227 | ||||||
| APJ (Asia Pacific and Japan) | - | 945 | ||||||
| Total approximate square footage | 1,565 | 1,918 | ||||||
| (1) | Included in the total approximate square footage above are vacant and available-for-lease properties totaling approximately 151,000 square feet. Total square footage excludes approximately 664,000 square feet relating to facilities subleased to third parties. As of March 30, 2018, we also own facilities that are held as available-for-sale on our Consolidated Balance Sheets. These facilities comprise approximately 403,000 square feet of space. In October 2018, we completed the sale of these facilities. |
|---|
Table of Contents
We believe that our existing facilities are adequate for our current needs and that the productive capacity of our facilities is substantially utilized.
Previous: Item 1B. Unresolved Staff Comments · Next: Item 3. Legal Proceedings