We lease the Pool Corporation corporate offices, which consist of approximately 60,000 square feet of office space in Covington, Louisiana, from an entity in which we have a 50 % ownership interest.
−Removed: We own five sales center facilities in Florida, two in Texas, one in Alabama, one in California, one in Georgia and one in Tennessee.
+Added: We own five sales center facilities in Florida, three in Texas, one in Alabama, one in California, one in Georgia and one in Tennessee.
+Added: As part of our acquisition of Porpoise Pool & Patio, Inc.
+Added: in December 2021, we own the corporate headquarters and the Sun Wholesale Supply, Inc.
+Added: facilities located in Florida.
We lease all of our other properties and the majority of our leases have three to seven year terms.
−Removed: As of December 31, 2020, we had twenty leases with remaining terms longer than seven years that expire between 2028 and 2035.
+Added: As of December 31, 2021, we had twenty-one leases with remaining terms longer than seven years that expire between 2029 and 2036.
Most of our leases contain renewal options, some of which involve rent increases.
10 unchanged sentences
Locations 12/31/21
−Removed: SCP 176 2 (1) 9 186
+Added: 186 5 — 2 193
Superior 73 — (1) 1 73
Horizon 76 4 — 1 81
+Added: 21 — (1) — 20
Total Domestic 356 9 (2) 4 367
2 unchanged sentences
(1) Consolidated sales centers are those locations where we expect to transfer the majority of the existing business to our nearby sales center locations.
+Added: (2) Acquired locations includes one distribution location for Sun Wholesale Supply, Inc., which we acquired in December 2021.
+Added: As part of the acquisition, we also acquired non-sales center properties including a chemical packaging plant and three Pinch A Penny, Inc.
+Added: retail stores in Florida.
(3) In addition to the stand-alone NPT sales centers, there are over 100 SCP and Superior locations that have consumer showrooms and serve as stocking locations that feature NPT brand tile and composite finish products.
3 unchanged sentences
California 28 24 18 6 76
−Removed: Florida 37 5 13 1 56
Texas 26 5 16 7 54
1 unchanged sentence
Georgia 7 2 1 1 11
+Added: Tennessee 6 4 — — 10
Nevada 2 3 3 1 9
New York 9 — — — 9
−Removed: Tennessee 5 3 — — 8
+Added: Washington 3 — 6 — 9
New Jersey 5 2 — — 7
2 unchanged sentences
Virginia 3 1 3 — 7
−Removed: Washington 1 — 6 — 7
Alabama 4 2 — — 6
+Added: Illinois 4 1 — — 5
Indiana 2 3 — — 5
1 unchanged sentence
Oregon 1 — 4 — 5
−Removed: Illinois 3 1 — — 4
+Added: South Carolina 4 1 — — 5
Missouri 3 1 — — 4
1 unchanged sentence
Oklahoma 2 1 — 1 4
−Removed: South Carolina 3 1 — — 4
Arkansas 3 — — — 3
32 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.