JACK IN THE BOX INC 10-K

ITEM 2. PROPERTIES The following table sets forth information about our restaurant locations (by state) for all restaurants in operation as of September 27, 2020: Company- Operated Franchise Total Arizona 5 168 173 California 108 835 943 Colorado — 17 17 Hawaii — 30 30 Idaho — 32 32 Illinois — 13 13 Indiana — 3 3 Kansas — 5 5 Louisiana — 17 17 Missouri — 58 58 Nevada — 77 77 New Mexico — 8 8 North Carolina — 19 19 Ohio — 2 2 Oklahoma 8 9 17 Oregon — 53 53 South Carolina — 10 10 Tennessee — 9 9 Texas 23 579 602 Utah — 3 3 Washington — 149 149 Guam — 1 1 144 2,097 2,241 Of the total 2,241 restaurants, our interest in restaurant properties consists of the following: Company- Operated Franchise Total Company-owned restaurant buildings: On company-owned land 8 199 207 On leased land 54 571 625 Subtotal 62 770 832 Company-leased restaurant buildings on leased land 82 1,037 1,119 Franchise directly-owned or directly-leased restaurant buildings — 290 290 Total restaurant buildings 144 2,097 2,241 Our restaurant leases generally provide for fixed rental payments (with cost-of-living index adjustments) plus real estate taxes, insurance, and other expenses. In addition, approximately 14% of our leases provide for contingent rental payments between 1% and 12% of the restaurant’s gross sales once certain thresholds are met. We have generally been able to renew our restaurant leases as they expire at then-current market rates. In addition to the restaurant locations, we own our corporate headquarters located in San Diego, California, which consists of approximately 70,000 square feet and approximately four acres of undeveloped land directly adjacent to it. We believe that our current office space is suitable and adequate for its intended purpose.