XML 60 R44.htm IDEA: XBRL DOCUMENT v3.25.0.1
Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Dec. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill activity for 2024 and 2023 was as follows:
Wendy’s U.S.Wendy’s
International
Global Real Estate & DevelopmentTotal
Balance at January 1, 2023:
Goodwill, gross$620,603 $39,334 $122,548 $782,485 
Accumulated impairment losses (a)— (9,397)— (9,397)
Goodwill, net620,603 29,937 122,548 773,088 
Changes in goodwill:
Currency translation adjustment— 639 — 639 
Balance at December 31, 2023:
Goodwill, gross620,603 39,973 122,548 783,124 
Accumulated impairment losses (a)— (9,397)— (9,397)
Goodwill, net620,603 30,576 122,548 773,727 
Changes in goodwill:
Currency translation adjustment— (2,259)— (2,259)
Balance at December 29, 2024:
Goodwill, gross620,603 37,714 122,548 780,865 
Accumulated impairment losses (a)— (9,397)— (9,397)
Goodwill, net$620,603 $28,317 $122,548 $771,468 
_______________

(a)Accumulated impairment losses resulted from the full impairment of goodwill of the Wendy’s international franchise restaurants during the fourth quarter of 2013.
Schedule Of Finite Lived And Indefinite Lived Intangible Assets
The following is a summary of the components of other intangible assets and the related amortization expense:
Year End
December 29, 2024December 31, 2023
CostAccumulated AmortizationNetCostAccumulated AmortizationNet
Indefinite-lived:
Trademarks$903,000 $— $903,000 $903,000 $— $903,000 
Definite-lived:
Franchise agreements347,370 (268,976)78,394 348,657 (253,398)95,259 
Favorable leases144,734 (77,352)67,382 152,558 (75,502)77,056 
Reacquired rights under franchise agreements
88,696 (21,863)66,833 90,509 (17,157)73,352 
Software323,738 (247,083)76,655 286,269 (215,807)70,462 
$1,807,538 $(615,274)$1,192,264 $1,780,993 $(561,864)$1,219,129 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Aggregate amortization expense:
Actual for fiscal year:
2022$58,690 
202359,356 
202462,255 
Estimate for fiscal year:
2025$56,215 
202648,164 
202743,633 
202838,663 
202928,479 
Thereafter74,110 
$289,264