−Removed: The Company leases its 19,576 square foot corporate office facility with average annual lease payments of approximately $18.00 per square foot.
−Removed: This lease began on January 2,
−Removed: 2017 and has a ten-year term.
+Added: The Company leases its 19,576 square foot corporate office facility with average annual lease payments of approximately $18.00 per square
+Added: This lease began on January 2, 2017 and has a ten-year term.
The Company amended its lease agreement in June 2020 and has elected to defer one-half of the monthly base rent for the period from June 2020 through May 2021.
−Removed: As of June 28, 2020, the Company had contingent and direct lease obligations for 16 additional locations.
−Removed: Two of the lease obligations have been subleased, nine of the lease
−Removed: obligations have been assigned to franchisees, and five of the lease obligations are direct lease obligations for non-operating locations.
−Removed: These leased properties range in size from 2,021 to 2,850 square feet, have annual rental rates ranging from
−Removed: approximately $28.00 to $44.00 per square foot and expire between 2022 and 2028.
−Removed: The Company is currently pursuing alternatives for subleasing or terminating the remaining five non-operating unexpired leases.
+Added: As of June 27, 2021, the Company had contingent and direct lease obligations for ten additional locations.
+Added: Two of the lease obligations
+Added: have been subleased and eight of the lease obligations have been assigned to franchisees.
+Added: These leased properties range in size from 2,025 to 2,850 square feet, have annual rental rates ranging from approximately $30.00 to $44.00 per square foot and
+Added: expire between 2022 and 2028.
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.