Cash and Receivables



	Year End
	December 30, 2018		December 31, 2017
Cash and cash equivalents
Cash	$	209,177	$	171,109
Cash equivalents	222,228		338
	431,405		171,447
Restricted cash
Current
Accounts held by trustee for the securitized financing facility	29,538		28,933
Collateral supporting letters of credit	—		3,205
Trust for termination costs for former Wendy’s executives	109		289
Other	213		206
	29,860		32,633
Advertising Funds (a)	25,247		8,579
	55,107		41,212
Non-current
Trust for termination costs for former Wendy’s executives (b)	—		165
Total cash, cash equivalents and restricted cash	$	486,512	$	212,824

_______________


(a)	Included in “Advertising funds restricted assets.”


(b)	Included in “Other assets.”



	Year End
	December 30, 2018			December 31, 2017
Accounts and Notes Receivable, Net
Current
Accounts receivable:
Franchisees	$	60,567		$	78,699
Other (a)	51,320			37,377
	111,887			116,076
Notes receivable from franchisees (b) (c)	2,857			2,860
	114,744			118,936
Allowance for doubtful accounts	(4,939		)	(4,546		)
	$	109,805		$	114,390

Non-current (d)
Notes receivable from franchisees (c)	$	16,322		$	17,589
Allowance for doubtful accounts (c)	(2,000		)	—
	$	14,322		$	17,589

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(a)	Includes income tax refund receivables of $14,475 and $26,262 as of December 30, 2018 and December 31, 2017, respectively. Additionally, 2018 includes receivables of $22,500 related to insurance coverage for the FI Case. See Note 11 for further information on our legal reserves.


(b)	Includes the current portion of direct financing lease receivables of $735 and $625 as of December 30, 2018 and December 31, 2017, respectively. See Note 20 for further information.


(c)	Includes a note receivable from a franchisee in Indonesia, of which $969 and $1,008 are included in current notes receivable and $2,522 and $3,789 are included in non-current notes receivable as of December 30, 2018 and December 31, 2017, respectively.

Non-current notes receivable include notes receivable from the Brazil JV totaling $12,800 as of December 30, 2018 and December 31, 2017, respectively. During 2018, the Company recorded a reserve of $2,000 on the loans outstanding to the Brazil JV. See Note 8 for further information.

Non-current notes receivable include a note receivable from a franchisee in India of $1,000 as of December 30, 2018 and December 31, 2017, respectively.


(d)	Included in “Other assets.”

The following is an analysis of the allowance for doubtful accounts:



	Year Ended
	2018			2017			2016
Balance at beginning of year:
Current	$	4,546		$	4,030		$	3,488
Non-current	—			26			257
Provision for doubtful accounts:
Franchisees and other	2,562			579			390
Uncollectible accounts written off, net of recoveries	(169		)	(89		)	(79		)
Balance at end of year:
Current	4,939			4,546			4,030
Non-current	2,000			—			26
Total	$	6,939		$	4,546		$	4,056