−Removed: In the fourth quarter of fiscal 2020 the Company moved its corporate headquarters from properties it owned outright in Greenville, South Carolina to leased office space in downtown Greenville, South Carolina.
−Removed: The Company leases approximately 45,000 square feet at this location.
−Removed: This lease expires on January 31, 2030 and includes two five-year options.
−Removed: The Company’s previous corporate headquarters, which consisted of approximately 42,000 square feet in Greenville, South Carolina, was classified as held for sale as of March 31, 2020.
−Removed: During the second quarter of fiscal 2021 the Company completed the sale of two of the three buildings.
−Removed: The remaining third building was sold during the second quarter of fiscal 2022.
−Removed: The Company owns all of the furniture, fixtures and computer terminals located in each of its branches.
−Removed: As of March 31, 2022, the Company had 1,167 branches, most of which are leased and are classified as operating leases.
−Removed: During the fiscal year ended March 31, 2022, operating lease cost for office space was approximately $27.1 million, or an average of approximately $22.6 thousand per branch.
−Removed: The Company's leases generally provide for an initial three- to five-year term with renewal options.
−Removed: The Company's branches are typically located in shopping centers, malls and the first floors of downtown buildings.
+Added: Our headquarters is located in approximately 45,000 square feet of leased space in downtown Greenville, South Carolina.
+Added: This lease expires on January 31, 2030 and includes two five-year renewal options.
+Added: We also lease approximately 8,000 square feet of space in Greenville, South Carolina which expires in January 31, 2032.
+Added: As of March 31, 2023, we had 1,073 branches, most of which are leased and are classified as operating leases.
+Added: Our branch leases generally provide for an initial three-to-five-year term with renewal options.
+Added: Our branches are typically located in shopping centers, malls and the first floors of downtown buildings.
Branches have an average size of 1,600 square feet.
+Added: We own all of the furniture, fixtures and computer terminals located in each of its branches.
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.