We own a 78,000 square foot office building in Addison, Texas, which we use as our corporate headquarters and global support center.
−Removed: All company-owned restaurants are leased by us, typically under five- to ten-year leases with one or two five-year renewal options, often contain rent escalation provisions, and generally require us to pay a proportionate share of real estate taxes, insurance and common area and other operating costs in addition to base or fixed rent.
+Added: All company-owned restaurant real estate facilities are leased by us, typically under five- to ten-year leases with one or two five-year renewal options, often containing rent escalation provisions, and generally requiring us to pay a proportionate share of real estate taxes, insurance and common area and other operating costs in addition to base or fixed rent.
All domestic and international franchise restaurants are leased or owned directly by the respective franchisees.
4 unchanged sentences
As of December 31, 2022, we and our franchisees operated 1,959 restaurants in 44 states and 9 countries.
−Removed: Legal Proceedings
−Removed: From time to time we may be involved in claims and legal actions that arise in the ordinary course of business.
−Removed: To our knowledge, there are no material pending legal proceedings to which we are a party or of which any of our property is the subject.
−Removed: Mine Safety Disclosures
−Removed: Not applicable.
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.