Acquisitions and Dispositions Acquisitions and Disposals (Tables)

3 Months Ended

9 Months Ended

Sep. 30, 2012

Sep. 30, 2012

Oct. 02, 2011

Acquisitions and Dispositions [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Total purchase price paid in cash	$	19,129
Identifiable assets acquired and liabilities assumed:
Cash	27
Inventories	163
Properties	12,783
Other assets	33
Acquired territory rights (a)	5,350
Favorable ground leases	1,147
Capitalized lease obligations	(948		)
Deferred vendor incentives (b)	(249		)
Unfavorable leases	(533		)
Other liabilities	(744		)
Total identifiable net assets	17,029
Goodwill (preliminary) (c)	$	2,100

_________________________

(a) The acquired territory rights have a weighted average amortization period of 12 years.

(b) Included in “Deferred income.”

(c) Goodwill is partially amortizable for income tax purposes.

Total purchase price paid in cash	$	18,956
Identifiable assets acquired and liabilities assumed:
Cash	58
Inventories	149
Properties	12,485
Deferred taxes and other assets	1,773
Acquired territory rights (a)	18,390
Favorable ground leases	222
Capitalized lease obligations	(14,394		)
Deferred vendor incentives (b)	(332		)
Unfavorable leases	(992		)
Other liabilities	(952		)
Total identifiable net assets	16,407
Goodwill (preliminary) (c)	$	2,549

_________________________

(a) The acquired territory rights have a weighted average amortization period of 13 years.

(b) Included in “Deferred income.”

(c) This goodwill is not deductible or amortizable for income tax purposes.

Asset at Fair Value, Changes in Fair Value Resulting from Changes in Assumptions

Goodwill as reported at July 1, 2012	$	2,654
Changes in fair values of assets and liabilities:
Properties	498
Deferred taxes and other assets	(146		)
Acquired territory rights	90
Favorable ground leases	(52		)
Capitalized lease obligations	(377		)
Unfavorable leases	169
Other	(287		)
Goodwill as of September 30, 2012	$	2,549

Business Acquisition, Pro Forma Information [Table Text Block]

The pro forma revenue and earnings of the combined companies had the acquisition date been January 3, 2011 are as follows:

	Three Months Ended September 30, 2012						Three Months Ended October 2, 2011
	As Reported			As Adjusted			As Reported			As Adjusted
Revenues:
Sales	$	558,335		$	558,335		$	534,525		$	545,707
Franchise revenues	77,973			77,973			76,891			76,442
Total revenues	$	636,308		$	636,308		$	611,416		$	622,149
Operating profit	$	31,183		$	31,183		$	32,390		$	32,813
Net loss	(26,162		)	(26,162		)	(3,966		)	(3,688		)
Net loss attributable to     The Wendy’s Company	(26,162		)	(26,162		)	(3,966		)	(3,688		)
Basic and diluted     loss per share	$	(.07	)	$	(.07	)	$	(.01	)	$	(.01	)

	Nine Months Ended September 30, 2012						Nine Months Ended October 2, 2011
	As Reported			As Adjusted			As Reported		As Adjusted
Revenues:
Sales	$	1,644,380		$	1,664,256		$	1,588,048	$	1,622,046
Franchise revenues	230,983			230,186			228,292		226,934
Total revenues	$	1,875,363		$	1,894,442		$	1,816,340	$	1,848,980
Operating profit	$	90,490		$	91,566		$	107,841	$	109,714
Net (loss) income	(16,921		)	(16,046		)	5,891		7,347
Net (loss) income attributable to     The Wendy’s Company	(19,305		)	(18,430		)	5,891		7,347
Basic and diluted     (loss) income per share	$	(.05	)	$	(.05	)	$	.01	$	.02