(30) Guarantor/Non-Guarantor (Tables)

12 Months Ended

Jan. 01, 2012

Guarantor Non-Guarantor [Abstract]

Schedule of Condensed Consolidated Balance Sheet, Guarantor, Non Guarantor

				Guarantor			Non-guarantor
	Parent			Subsidiaries			Subsidiaries			Eliminations			Total
ASSETS
Current assets:
Cash and cash equivalents	$	79,355		$	53,810		$	65,521		$	—		$	198,686
Accounts and notes receivable	320			61,508			21,524			—			83,352
Inventories	—			12,522			10,172			—			22,694
Prepaid expenses and other current assets	3,900			12,434			7,698			—			24,032
Deferred income tax benefit	17,634			20,926			6,507			—			45,067
Advertising funds restricted assets	—			—			76,553			—			76,553
Total current assets	101,209			161,200			187,975			—			450,384
Properties	13,748			1,084,546			443,559			—			1,541,853
Goodwill	—			823,539			65,382			—			888,921
Other intangible assets	21,453			1,285,615			51,506			—			1,358,574
Investments	—			—			102,406			—			102,406
Deferred costs and other assets	32,610			32,384			9,565			—			74,559
Net investment in subsidiaries	2,559,526			381,828			—			(2,941,354		)	—
Deferred income tax benefit	86,423			—			—			(86,423		)	—
Due from affiliate	59,618			—			—			(59,618		)	—
Total assets	$	2,874,587		$	3,769,112		$	860,393		$	(3,087,395	)	$	4,416,697
LIABILITIES AND INVESTED EQUITY
Current liabilities:
Current portion of long-term debt	$	5,228		$	687		$	11,132		$	—		$	17,047
Accounts payable	4,624			52,242			24,282			—			81,148
Accrued expenses and other current liabilities	38,871			128,089			77,340			—			244,300
Advertising funds restricted liabilities	—			—			76,553			—			76,553
Total current liabilities	48,723			181,018			189,307			—			419,048
Long-term debt	1,043,623			310,339			188,722			—			1,542,684
Due to affiliates	—			60,653			29,773			(59,618		)	30,808
Deferred income	—			6,291			5,169			—			11,460
Deferred income taxes	—			541,800			23,095			(86,423		)	478,472
Other liabilities	5,611			86,993			64,991			—			157,595
Invested equity:
Member interest, $0.01 par value; 1,000     shares authorized, one share issued and     outstanding	—			—			—			—			—
Other capital	2,423,459			3,244,488			1,077,762			(4,322,250		)	2,423,459
Accumulated deficit	(499,500		)	(515,141		)	(726,097		)	1,241,238			(499,500		)
Advances to The Wendy’s Company	(155,000		)	(155,000		)	—			155,000			(155,000		)
Accumulated other comprehensive income	7,671			7,671			7,671			(15,342		)	7,671
Total invested equity	1,776,630			2,582,018			359,336			(2,941,354		)	1,776,630
Total liabilities and invested equity	$	2,874,587		$	3,769,112		$	860,393		$	(3,087,395	)	$	4,416,697

				Guarantor			Non-guarantor
	Parent			Subsidiaries			Subsidiaries			Eliminations			Total
ASSETS
Current assets:
Cash and cash equivalents	$	174,638		$	128,818		$	43,192		$	—		$	346,648
Accounts and notes receivable	2,682			59,137			5,634			—			67,453
Inventories	—			11,766			1,137			—			12,903
Prepaid expenses and other current assets	5,446			11,732			1,230			—			18,408
Deferred income tax benefit	59,737			34,226			1,000			—			94,963
Advertising funds restricted assets	—			—			69,672			—			69,672
Total current assets	242,503			245,679			121,865			—			610,047
Properties	12,431			1,120,383			59,382			—			1,192,196
Goodwill	—			828,411			145,133			(97,836		)	875,708
Other intangible assets	18,011			1,262,070			24,207			—			1,304,288
Investments	19,000			—			95,651			—			114,651
Deferred costs and other assets	26,446			40,131			250			—			66,827
Net investment in subsidiaries	2,253,006			348,931			—			(2,601,937		)	—
Deferred income tax benefit	29,269			—			—			(29,269		)	—
Due from affiliate	295,080			—			—			(295,080		)	—
Total assets	$	2,895,746		$	3,845,605		$	446,488		$	(3,024,122	)	$	4,163,717
LIABILITIES AND INVESTED EQUITY
Current liabilities:
Current portion of long-term debt	$	3,952		$	923		$	262		$	—		$	5,137
Accounts payable	9,215			64,251			7,520			—			80,986
Accrued expenses and other current liabilities	62,209			137,105			12,836			—			212,150
Advertising funds restricted liabilities	—			—			69,672			—			69,672
Total current liabilities	75,376			202,279			90,290			—			367,945
Long-term debt	1,017,401			319,643			3,515			—			1,340,559
Due to affiliates	—			308,654			1,794			(295,080		)	15,368
Deferred income	—			6,132			391			—			6,523
Deferred income taxes	—			551,579			15,379			(29,269		)	537,689
Other liabilities	3,305			84,647			8,017			—			95,969
Invested equity:
Member interest, $0.01 par value; 1,000      shares authorized, one share issued and      outstanding	—			—			—			—			—
Other capital	2,440,130			2,168,046			332,707			(2,500,753		)	2,440,130
(Accumulated deficit) retained earnings	(486,567		)	358,524			(6,706		)	(351,818		)	(486,567		)
Advances to The Wendy’s Company	(155,000		)	(155,000		)	—			155,000			(155,000		)
Accumulated other comprehensive income	1,101			1,101			1,101			(2,202		)	1,101
Total invested equity	1,799,664			2,372,671			327,102			(2,699,773		)	1,799,664
Total liabilities and invested equity	$	2,895,746		$	3,845,605		$	446,488		$	(3,024,122	)	$	4,163,717

Schedule of Condensed Consolidated Statement of Operations, Guarantor, Non Guarantor

				Guarantor			Non-guarantor
	Parent			Subsidiaries			Subsidiaries			Eliminations			Total
Revenues:
Sales	$	—		$	1,891,033		$	235,598		$	(87	)	$	2,126,544
Franchise revenues	—			285,743			19,085			(14		)	304,814
	—			2,176,776			254,683			(101		)	2,431,358
Costs and expenses:
Cost of sales	—			1,608,896			207,213			—			1,816,109
General and administrative	—			248,793			32,798			—			281,591
Depreciation and amortization	10,629			100,994			10,742			—			122,365
Impairment of long-lived assets	—			12,346			537			—			12,883
Transaction related and other costs	38,349			6,128			—			—			44,477
Other operating expense (income), net	1,005			10,971			(7,935		)	—			4,041
	49,983			1,988,128			243,355			—			2,281,466
Operating (loss) profit	(49,983		)	188,648			11,328			(101		)	149,892
Interest expense	(89,999		)	(22,734		)	(510		)	—			(113,243		)
Other income (expense), net	282			17,282			(16,621		)	—			943
Equity in income (loss) of subsidiaries	106,218			(9,211		)	—			(97,007		)	—
(Loss) income from continuing operations      before income taxes	(33,482		)	173,985			(5,803		)	(97,108		)	37,592
Benefit from (provision for) income taxes	55,214			(68,428		)	(3,408		)	—			(16,622		)
Income (loss) from continuing operations	21,732			105,557			(9,211		)	(97,108		)	20,970
Discontinued operations:
Income from discontinued operations, net      of income taxes	—			—			661			101			762
Loss on disposal of discontinued operations, net      of income taxes	(8,799		)	—			—			—			(8,799		)
(Loss) income from discontinued operations,      net of income taxes	(8,799		)	—			661			101			(8,037		)
Net income (loss)	$	12,933		$	105,557		$	(8,550	)	$	(97,007	)	$	12,933

				Guarantor			Non-guarantor
	Parent			Subsidiaries			Subsidiaries			Eliminations			Total
Revenues:
Sales	$	—		$	1,853,269		$	225,837		$	(25	)	$	2,079,081
Franchise revenues	—			277,496			18,899			(37		)	296,358
	—			2,130,765			244,736			(62		)	2,375,439
Costs and expenses:
Cost of sales	—			1,562,141			194,813			—			1,756,954
General and administrative	—			258,289			45,035			—			303,324
Depreciation and amortization	11,920			102,148			10,916			—			124,984
Impairment of long-lived assets	—			22,458			3,868			—			26,326
Other operating expense (income), net	—			10,887			(7,393		)	—			3,494
	11,920			1,955,923			247,239			—			2,215,082
Operating (loss) profit	(11,920		)	174,842			(2,503		)	(62		)	160,357
Interest expense	(78,737		)	(29,044		)	(9,568		)	—			(117,349		)
Loss on early extinguishment of debt	—			(20,430		)	(5,767		)	—			(26,197		)
Other income (expense), net	158			16,051			(14,892		)	—			1,317
Equity in income (loss) of subsidiaries	19,446			(50,152		)	—			30,706			—
(Loss) income from continuing operations      before income taxes	(71,053		)	91,267			(32,730		)	30,644			18,128
Benefit from (provision for) income taxes	68,415			(49,323		)	(17,422		)	—			1,670
(Loss) income from continuing operations	(2,638		)	41,944			(50,152		)	30,644			19,798
Discontinued operations:
Loss from discontinued operations, net      of income taxes	—			—			(22,492		)	56			(22,436		)
Net (loss) income	$	(2,638	)	$	41,944		$	(72,644	)	$	30,700		$	(2,638	)

Schedule of Condensed Consolidated Statement of Cash Flows, Guarantor, Non Guarantor

				Guarantor			Non-guarantor
	Parent			Subsidiaries			Subsidiaries			Eliminations			Total
Cash flows from operating activities:
Net (loss) income	$	(2,638	)	$	41,944		$	(72,644	)	$	30,700		$	(2,638	)
Adjustments to reconcile net (loss) income to      net cash (used in) provided by operating activities:
Equity in (income) loss from operations of subsidiaries	(19,446		)	50,152			—			(30,706		)	—
Depreciation and amortization	11,920			102,148			66,242			—			180,310
Impairment of long-lived assets	—			22,458			47,019			—			69,477
Accretion of long-term debt	1,705			13,022			289			—			15,016
Distributions received from joint venture	—			—			13,980			—			13,980
Share-based compensation provision	3,951			5,624			3,215			—			12,790
Write-off and amortization of deferred financing costs	4,518			—			7,245			—			11,763
Provision for doubtful accounts	—			1,703			7,991			—			9,694
Non-cash rent expense (credit)	—			9,375			(41		)	—			9,334
Tax sharing (receivable from) payable to affiliate, net	(49,736		)	50,788			—			—			1,052
Tax sharing receipt from (payment to) affiliate, net	56,000			(56,000		)	—			—			—
Net (recognition) receipt of deferred vendor incentives	—			(1,495		)	908			—			(587		)
Other operating transactions with affiliates	(20,370		)	(55,099		)	67,437			—			(8,032		)
Equity in earnings in joint venture	—			—			(9,459		)	—			(9,459		)
Deferred income tax benefit, net	(18,351		)	(5,308		)	(2,093		)	—			(25,752		)
Other, net	2,406			4,792			(7,708		)	6			(504		)
Changes in operating assets and liabilities net:
Accounts and notes receivable	(61		)	4,724			(8,856		)	—			(4,193		)
Inventories	—			(503		)	897			—			394
Prepaid expenses and other current assets	1,017			(2,148		)	1,886			—			755
Accounts payable	2,341			(9,270		)	(7,255		)	—			(14,184		)
Accrued expenses and other current liabilities	(3,808		)	(30,727		)	6,573			—			(27,962		)
Net cash (used in) provided by operating      activities	(30,552		)	146,180			115,626			—			231,254
Cash flows from investing activities:
Capital expenditures	(17,075		)	(66,817		)	(64,077		)	—			(147,969		)
Cost of acquisitions, less cash acquired	—			(3,123		)	—			—			(3,123		)
Proceeds from dispositions	—			3,405			2,255			—			5,660
Other, net	—			—			1,263			—			1,263
Net cash used in investing activities	(17,075		)	(66,535		)	(60,559		)	—			(144,169		)
Cash flows from financing activities:
Proceeds from long-term debt	497,500			—			161			—			497,661
Repayments of long-term debt	(2,716		)	(200,708		)	(263,037		)	—			(466,461		)
Dividends paid to The Wendy’s Company	(443,700		)	—			—			—			(443,700		)
Deferred financing costs	(16,353		)	—			—			—			(16,353		)
Dividends paid to Parent	375,000			(361,000		)	(14,000		)	—			—
Capital contributions from Parent	(520,335		)	260,766			259,569			—			—
Redemption of preferred stock	—			19,877			(19,877		)	—			—
Other, net	(21		)	—			—			—			(21		)
Net cash used in financing activities	(110,625		)	(281,065		)	(37,184		)	—			(428,874		)
Net cash (used in) provided by operations before effect of      exchange rate changes on cash	(158,252		)	(201,420		)	17,883			—			(341,789		)
Effect of exchange rate changes on cash	—			—			1,611			—			1,611
Net (decrease) increase in cash and cash equivalents	(158,252		)	(201,420		)	19,494			—			(340,178		)
Cash and cash equivalents at beginning of period	237,607			255,230			46,027			—			538,864
Cash and cash equivalents at end of period	$	79,355		$	53,810		$	65,521		$	—		$	198,686

				Guarantor			Non-guarantor
	Parent			Subsidiaries			Subsidiaries			Eliminations			Total
Cash flows from operating activities:
Net income (loss)	$	12,933		$	105,557		$	(8,550	)	$	(97,007	)	$	12,933
Adjustments to reconcile net income (loss) to net cash      provided by (used in) operating activities:
Equity in (income) loss from operations of subsidiaries	(106,218		)	9,211			—			97,007			—
Depreciation and amortization	10,826			100,994			32,855			—			144,675
Share-based compensation provision	9,301			6,694			672			—			16,667
Distributions received from joint venture	—			—			14,942			—			14,942
Impairment of long-lived assets	—			12,346			2,095			—			14,441
Deferred income tax provision (benefit), net	11,307			852			(441		)	—			11,718
Loss on disposal of Arby’s	8,799			—			—			—			8,799
Accretion of long-term debt	2,102			5,854			164			—			8,120
Non-cash rent expense (credit)	—			7,892			(341		)	—			7,551
Net (recognition) receipt of deferred vendor incentives	—			(17		)	7,087			—			7,070
Write-off and amortization of deferred financing costs	6,204			—			—			—			6,204
Tax sharing (receivable from) payable to affiliate, net	(66,808		)	69,245			—			—			2,437
Provision for doubtful accounts	—			113			2,321			—			2,434
Tax sharing receipt from (payment to) affiliate, net	52,000			(52,000		)	—			—			—
Other operating transactions with affiliates	78,148			(28,885		)	(55,294		)	—			(6,031		)
Equity in earnings in joint ventures, net	—			—			(9,465		)	—			(9,465		)
Tax sharing payment to The Wendy’s Company	(13,078		)	—			—			—			(13,078		)
Other, net	(1,794		)	3,806			(1,678		)	—			334
Changes in operating assets and liabilities:
Accounts and notes receivable	22			1,152			(4,074		)	—			(2,900		)
Inventories	(6		)	856			(1,367		)	—			(517		)
Prepaid expenses and other current assets	(2,715		)	(1,953		)	(3,193		)	—			(7,861		)
Accounts payable	3,554			3,069			4,463			—			11,086
Accrued expenses and other current liabilities	15,802			1,003			(1,259		)	—			15,546
Net cash provided by (used in) operating     activities	20,379			245,789			(21,063		)	—			245,105
Cash flows from investing activities:
Capital expenditures	(9,742		)	(119,827		)	(17,194		)	—			(146,763		)
Restaurant acquisitions	—			(11,210		)	—			—			(11,210		)
Franchise incentive loans	—			(4,003		)	—			—			(4,003		)
Investment in joint venture	—			(1,183		)	—			—			(1,183		)
Proceeds from sale of Arby’s, net of Arby’s cash	105,001			—			(7,076		)	—			97,925
Proceeds from other dispositions	11			6,113			836			—			6,960
Other, net	—			—			(265		)	—			(265		)
Net cash provided by (used in) investing      activities	95,270			(130,110		)	(23,699		)	—			(58,539		)
Cash flows from financing activities:
Repayments of long-term debt	(30,309		)	(671		)	(6,354		)	—			(37,334		)
Capital contribution from Parent	(30,000		)	—			30,000			—			—
Dividend paid to Parent	40,000			(40,000		)	—			—			—
Deferred financing costs	(57		)	—			—			—			(57		)
Net cash (used in) provided by financing      activities	(20,366		)	(40,671		)	23,646			—			(37,391		)
Net cash provided by (used in) operations before effect of      exchange rate changes on cash	95,283			75,008			(21,116		)	—			149,175
Effect of exchange rate changes on cash	—			—			(1,213		)	—			(1,213		)
Net increase (decrease) in cash and cash equivalents	95,283			75,008			(22,329		)	—			147,962
Cash and cash equivalents at beginning of period	79,355			53,810			65,521			—			198,686
Cash and cash equivalents at end of period	$	174,638		$	128,818		$	43,192		$	—		$	346,648

				Guarantor			Non-guarantor
	Parent			Subsidiaries			Subsidiaries			Eliminations			Total
Cash flows from operating activities:
Net income (loss)	$	9,649		$	(51,028	)	$	(127,724	)	$	178,752		$	9,649
Adjustments to reconcile net income (loss) to      net cash (used in) provided by operating activities:
Equity in loss from operations of subsidiaries	52,890			125,862			—			(178,752		)	—
Depreciation and amortization	4,270			117,824			66,412			—			188,506
Impairment of long-lived assets	—			23,443			56,513			—			79,956
Tax sharing (receivable from) payable to affiliate, net	(9,648		)	53,923			(3,862		)	—			40,413
Write-off and amortization of deferred financing costs	1,632			4,600			9,564			—			15,796
Distributions received from joint venture	—			—			14,583			—			14,583
Other operating transactions with affiliates	(33,506		)	15,848			31,772			—			14,114
Share-based compensation provision	3,550			6,648			3,372			—			13,570
Non-cash rent expense	—			10,685			1,933			—			12,618
Accretion of long-term debt	718			9,395			287			—			10,400
Provision for doubtful accounts	—			868			7,301			—			8,169
Net receipt (recognition) of deferred vendor incentives	—			524			(1,315		)	—			(791		)
Equity in earnings in joint venture	—			—			(8,499		)	—			(8,499		)
Tax sharing payment to affiliate, net	—			(10,417		)	—			—			(10,417		)
Deferred income tax (benefit) provision, net	(94,686		)	(48,238		)	74,383			—			(68,541		)
Other, net	(559		)	10,110			(3,998		)	—			5,553
Changes in operating assets and liabilities net:
Accounts and notes receivable	(29		)	2,787			(10,437		)	—			(7,679		)
Inventories	—			517			1,362			—			1,879
Prepaid expenses and other current assets	(4,918		)	5,597			442			—			1,121
Accounts payable	1,794			(43,205		)	(11,149		)	—			(52,560		)
Accrued expenses and other current liabilities	41,301			41,730			(29,241		)	—			53,790
Net cash (used in) provided by operating      activities	(27,542		)	277,473			71,699			—			321,630
Cash flows from investing activities:
Capital expenditures	(17,113		)	(50,812		)	(33,989		)	—			(101,914		)
Cost of acquisitions, less cash acquired	—			(664		)	(1,693		)	—			(2,357		)
Proceeds from dispositions	—			9,785			1,097			—			10,882
Other, net	—			(456		)	648			—			192
Net cash used in investing activities	(17,113		)	(42,147		)	(33,937		)	—			(93,197		)
Cash flows from financing activities:
Proceeds from long-term debt	551,061			26,550			29,896			—			607,507
Repayments of long-term debt	(52		)	(39,107		)	(170,323		)	—			(209,482		)
Dividends paid to The Wendy’s Company	(115,000		)	—			—			—			(115,000		)
Capital contributions from Parent	(132,500		)	—			132,500			—			—
Other, net	(21,247		)	(3,951		)	(13,201		)	—			(38,399		)
Net cash provided by (used in) financing      activities	282,262			(16,508		)	(21,128		)	—			244,626
Net cash provided by operations before effect of      exchange rate changes on cash	237,607			218,818			16,634			—			473,059
Effect of exchange rate changes on cash	—			—			2,725			—			2,725
Net increase in cash and cash equivalents	237,607			218,818			19,359			—			475,784
Cash and cash equivalents at beginning of period	—			36,412			26,668			—			63,080
Cash and cash equivalents at end of period	$	237,607		$	255,230		$	46,027		$	—		$	538,864