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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Apr. 01, 2012
Apr. 03, 2011
Cash flows from operating activities:    
Net income (loss) $ 14,734 $ (1,409)
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 32,952 43,125
Deferred income tax provision (benefit), net 5,773 (2,900)
Distributions received from joint venture 3,253 3,113
Impairment of long-lived assets 4,511 9,612
Share-based compensation provision 2,597 3,241
Accretion of long-term debt 2,010 2,130
Non-cash rent expense 1,639 1,807
Write-off and amortization of deferred financing costs 1,361 2,151
Net (recognition) receipt of deferred vendor incentives (58) 29,357
Equity in earnings in joint ventures, net (2,134) (2,363)
Gain on sale of investment, net (27,407) 0
Other, net 1,404 1,176
Changes in operating assets and liabilities:    
Accounts and notes receivable (74) 2,342
Inventories 920 (370)
Prepaid expenses and other current assets (2,658) (8,676)
Accounts payable (12,313) 4,234
Accrued expenses and other current liabilities (41,654) (33,107)
Net cash provided by (used in) operating activities (15,144) 53,463
Cash flows from investing activities:    
Cash capital expenditures (46,998) (28,568)
Restaurant acquisitions (2,594) (2,900)
Franchise incentive loans (1,096) 0
Proceeds from sale of investment 24,374 0
Other, net 277 300
Net cash (used in) provided by investing activities (26,037) (31,168)
Cash flows from financing activities:    
Repayments of long-term debt (6,354) (30,211)
Dividends paid (7,795) (8,374)
Distribution to noncontrolling interests (3,667) 0
Proceeds from stock option exercises 1,156 2,902
Other, net 52 (18)
Net cash (used in) provided by financing activities (16,608) (35,701)
Net cash used in operations before effect of exchange rate changes on cash (57,789) (13,406)
Effect of exchange rate changes on cash 968 959
Net decrease in cash and cash equivalents (56,821) (12,447)
Cash and cash equivalents at beginning of period 475,231 512,508
Cash and cash equivalents at end of period 418,410 500,061
Supplemental Cash Flow Information:    
Interest 36,287 41,721
Income taxes, net of refunds 6,323 2,884
Wendy's Restaurants, LLC [Member]
   
Cash flows from operating activities:    
Net income (loss) (727) 1,025
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 32,949 42,660
Deferred income tax provision (benefit), net (857) (336)
Distributions received from joint venture 3,253 3,113
Impairment of long-lived assets 2,883 9,612
Share-based compensation provision 2,356 2,999
Accretion of long-term debt 2,010 2,130
Non-cash rent expense 1,639 1,807
Write-off and amortization of deferred financing costs 1,349 2,148
Net (recognition) receipt of deferred vendor incentives (58) 29,357
Equity in earnings in joint ventures, net (2,134) (2,363)
Tax sharing payment to parent 0 [1] (13,078) [1]
Other, net (190) (244)
Changes in operating assets and liabilities:    
Accounts and notes receivable (163) 2,206
Inventories 920 (370)
Prepaid expenses and other current assets (2,444) (8,497)
Accounts payable (12,148) 3,614
Accrued expenses and other current liabilities (41,738) (33,180)
Net cash provided by (used in) operating activities (13,100) 42,603
Cash flows from investing activities:    
Cash capital expenditures (46,998) (28,568)
Restaurant acquisitions (2,594) (2,900)
Franchise incentive loans (1,096) 0
Other, net (17) 303
Net cash (used in) provided by investing activities (50,705) (31,165)
Cash flows from financing activities:    
Repayments of long-term debt (2,098) (29,765)
Other, net 0 (18)
Net cash (used in) provided by financing activities (2,098) (29,783)
Net cash used in operations before effect of exchange rate changes on cash (65,903) (18,345)
Effect of exchange rate changes on cash 968 959
Net decrease in cash and cash equivalents (64,935) (17,386)
Cash and cash equivalents at beginning of period 346,648 198,686
Cash and cash equivalents at end of period 281,713 181,300
Supplemental Cash Flow Information:    
Interest 36,055 41,449
Income taxes, net of refunds $ 6,739 $ 2,273
[1] Wendy’s Restaurants made cash payments to The Wendy’s Company under a tax sharing agreement as discussed in Note 8.