Papa Johns 2011 Annual Report Download - page 22

Download and view the complete annual report

Please find page 22 of the 2011 Papa Johns annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

17
Item 2. Properties
As of December 25, 2011, there were 3,883 Papa John’s restaurants system-wide. The following tables
provide the locations of our restaurants. We define “North America” as the United States and Canada and
“domestic” as the contiguous United States.
Company-owned Papa John’s Restaurants
Number of
Restaurants
Arizona ........................................................................................................ 46
Florida ......................................................................................................... 45
Georgia ........................................................................................................ 86
Illinois ......................................................................................................... 7
Indiana ........................................................................................................ 41
Kansas ......................................................................................................... 12
Kentucky ..................................................................................................... 42
Maryland ..................................................................................................... 60
Missouri ...................................................................................................... 40
North Carolina ............................................................................................ 82
South Carolina ............................................................................................ 6
Tennessee .................................................................................................... 29
Texas ........................................................................................................... 76
Virginia ....................................................................................................... 26
Total Domestic Company-owned Papa John’s Restaurants................... 598
China (Beijing and North China) ................................................................ 30
Total Company-owned Papa John’s Restaurants .................................... 628
Note: Company-owned Papa John’s restaurants include restaurants owned by majority-owned joint
ventures. There were 128 such restaurants at December 25, 2011 (76 in Texas, 26 in Virginia and 26 in
Maryland).