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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2013
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
Long-term debt consisted of the following:
 
6/30/2013
 
December 30, 2012
Term Loan A, due in 2018
$
350,000

 
$

Term Loan B, due in 2019
769,375

 
1,114,826

6.20% senior notes, due in 2014 (a)
225,623

 
225,940

7% debentures, due in 2025
84,079

 
83,496

Capital lease obligations, due through 2040
36,743

 
32,594

Other (b)
5,341

 
706

 
1,471,161

 
1,457,562

Less amounts payable within one year (a)
(248,876
)
 
(12,911
)
Total long-term debt
$
1,222,285

 
$
1,444,651

_______________

(a)
As of June 30, 2013, we classified our 6.20% senior notes in “Current portion of long-term debt” in our condensed consolidated balance sheet as the debt is due in June of 2014.

(b) Other includes $4,988 of debt resulting from the consolidation of the Japan JV in the second quarter of 2013. The carrying amount of the long-term debt approximates fair value.
Schedule of Extinguishment of Debt [Table Text Block]
As a result of the refinancing of its existing Credit Agreement, described above, Wendy’s incurred a loss on the early extinguishment of debt as follows:
 
Three Months Ended
 
June 30,
2013
Unaccreted discount on Term Loan B
$
9,561

Deferred costs associated with the Credit Agreement
11,458

Loss on early extinguishment of debt
$
21,019

 
The Company incurred a loss on the early extinguishment of debt in 2012 related to the repayment of debt from the proceeds of the 2012 term loan under the May 15, 2012 Credit Agreement, as follows:
 
Three Months Ended
 
July 1,
2012
Premium payment to purchase Wendy’s Restaurants 10.00% Senior Notes due in 2016 (the “Senior Notes”)
$
10,093

Unaccreted discount on the Senior Notes
2,086

Deferred costs associated with the Senior Notes
2,796

Unaccreted discount on the 2010 term loan
1,695

Deferred costs associated with the 2010 term loan
8,525

Loss on early extinguishment of debt
$
25,195