What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2024-02-29 compared with 2023-02-23 · 37 added, 3 removed, 82 unchanged (33% of the section changed)

58 unchanged sentences

International Restaurants:

Company Franchised Total

Azerbaijan — 15 15

Cayman Islands 2

Bahrain — 23 23

Bolivia — 5 5

Cambodia — 7 7

Chile — 154 154

China — 317 317

Colombia — 60 60

Costa Rica — 56 56

Cyprus — 10 10

Dominican Republic — 21 21

Ecuador — 31 31

Egypt — 78 78

El Salvador — 41 41

Germany — 14 14

Guatemala — 35 35

Honduras — 15 15

Ireland — 80 80

Israel — 29 29

Kazakhstan — 11 11

Kuwait — 35 35

Kyrgyzstan — 3 3

Mexico — 50 50

Morocco — 7 7

Netherlands — 17 17

Nicaragua — 4 4

Pakistan — 28 28

Panama — 34 34

Philippines — 15 15

Poland — 11 11

Portugal — 3 3

Puerto Rico — 26 26

Qatar — 55 55

Saudi Arabia — 24 24

South Korea — 254 254

Spain — 90 90

Trinidad — 9 9

Tunisia — 14 14

Turkey — 55 55

United Arab Emirates — 92 92

United Kingdom 117 407 524

Uzbekistan — 3 3

Venezuela — 19 19

Total International Papa John’s Restaurants 117 2,356 2,473

2 unchanged sentences

Generally, the leases are triple net leases, which require us to pay all or a portion of the cost of insurance, taxes and utilities.

As a result of assigning our interest in obligations under property leases as a condition of the refranchising of certain restaurants, we are also contingently liable for payment of approximately 53 Domestic leases.

result of assigning our interest in obligations under property leases as a condition of the refranchising of certain restaurants, we are also contingently liable for payment of approximately 48 Domestic leases.

Our corporate office in Atlanta, Georgia, is located in a leased space.

Nine of our 12 North America QC Centers are located in leased spaces, with the remaining three QC Centers located in buildings we own.

Our corporate office and our printing operations located in Louisville, KY are in buildings owned by us.

Our corporate office located in Louisville, Kentucky is in a building owned by us.

We also maintain a Company-owned office and a full-service QC Center outside of London, UK, where our International operations are managed.

As of the fourth quarter of 2023, we leased the building of our previously-owned printing operations located in Louisville to a third-party.

S ee “Note 22.

Divestitures” of “ Notes to Consolidated Financial Statements ” for additional information.

At December 31, 2023, we leased and subleased approximately 322 Papa John’s restaurant sites to franchisees in the UK.

4 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.

What changed 10-K

Item 2. Properties