(Loss) Income Per Share

9 Months Ended

Sep. 30, 2012

Loss Per Share [Abstract]

Income (Loss) Per Share

(Loss) Income Per Share

Basic (loss) income per share for the three and nine months ended September 30, 2012 and October 2, 2011 was computed by dividing income amounts attributable to The Wendy’s Company by the weighted average number of common shares outstanding. (Loss) income amounts attributable to The Wendy’s Company used to calculate basic and diluted (loss) income per share were as follows:

	Three Months Ended						Nine Months Ended
	September 30, 2012			October 2, 2011			September 30, 2012			October 2, 2011
Amounts attributable to The Wendy’s Company:
(Loss) income from continuing operations	$	(26,692	)	$	2,544		$	(19,835	)	$	13,622
Net income (loss) from discontinued operations	530			(6,510		)	530			(7,731		)
Net (loss) income	$	(26,162	)	$	(3,966	)	$	(19,305	)	$	5,891

The weighted average number of shares used to calculate basic and diluted (loss) income per share were as follows:

	Three Months Ended		Nine Months Ended
	September 30, 2012	October 2, 2011	September 30, 2012	October 2, 2011
Common stock:
Weighted average basic shares outstanding	390,406	395,677	390,028	410,624
Dilutive effect of stock options and restricted shares	—	2,222	—	1,619
Weighted average diluted shares outstanding	390,406	397,899	390,028	412,243

Diluted (loss) income per share for the three months and nine months ended September 30, 2012 and October 2, 2011 was computed by dividing income by the weighted average number of basic shares outstanding plus the potential common share effect of dilutive stock options and restricted shares, computed using the treasury stock method. Diluted loss per share for the three and nine months ended September 30, 2012 was the same as basic loss per share since the Company reported a loss from continuing operations and, therefore, the effect of all potentially dilutive securities would have been antidilutive. For the three months and nine months ended October 2, 2011, we excluded 20,525 and 19,038, respectively, of potential common shares from our diluted income per share calculation as they would have had anti-dilutive effects.