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Net Income Per Share
3 Months Ended
Mar. 31, 2013
Loss Per Share [Abstract]  
Income (Loss) Per Share
Income Per Share

Basic net income per share for the three months ended March 31, 2013 and April 1, 2012 was computed by dividing net income attributable to The Wendy’s Company by the weighted average number of common shares outstanding.

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

 
 
Three Months Ended
 
 
March 31,
2013
 
April 1,
2012
Common stock:
 
 
 
 
Weighted average basic shares outstanding
 
392,498

 
389,701

Dilutive effect of stock options and restricted shares
 
3,196

 
2,574

Weighted average diluted shares outstanding
 
395,694

 
392,275



Diluted income per share for the three months ended March 31, 2013 and April 1, 2012 was computed by dividing net income attributable to The Wendy’s Company 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. For the three months ended March 31, 2013 and April 1, 2012, we excluded 17,831 and 19,312, respectively, of potential common shares from our diluted income per share calculation as they would have had anti-dilutive effects.