CIRRUS LOGIC INC
For the period ended Mar 30, 2024. Filed May 24, 2024.
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FY2024 · Filed May 24, 2024
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Item 2. Properties
As of March 30, 2024, our principal facilities are located in Austin, Texas and Edinburgh, Scotland, United Kingdom. The Austin facilities, which we own, consist of approximately 155,000 square feet of office space and are primarily occupied by research and development personnel and testing equipment. In addition, our failure analysis and reliability facility occupies approximately 27,000 square feet.
Additionally, we have various leased facilities in Austin, Texas, consisting of approximately 281,000 square feet, which includes approximately 275,000 square feet of leased space that houses a mixture of administrative personnel as well as research and development personnel.
Additionally, we lease approximately 110,000 square feet of office space and 27,000 square feet of high quality lab space in Edinburgh, Scotland, United Kingdom. See further details below in Results of Operation.
Below is a detailed schedule that identifies our principal locations of occupied leased and owned property as of March 30, 2024, with various contractual lease terms through calendar year 2034. We believe that these facilities are suitable and adequate to meet our current operating needs.
| Design Centers | Sales Support Offices – International |
|---|---|
| Austin, Texas | Beijing, China |
| Chandler, Arizona | Shanghai, China |
| Cupertino, California | Shenzhen, China |
| Greensboro, North Carolina | Tokyo, Japan |
| Edinburgh, Scotland, United Kingdom | Singapore |
| Newbury, England, United Kingdom | Seoul, South Korea |
| Taipei, Taiwan |
See Note 11 — Leases of the Notes to Consolidated Financial Statements contained in Item 8 for further detail.
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