(2) Discontinued Operations (Tables)

6 Months Ended

Jul. 03, 2011

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]



	Three Months Ended						Six Months Ended
	July 3, 2011			July 4, 2010			July 3, 2011			July 4, 2010
Revenues	$	281,094		$	269,587		$	546,453		$	522,320

(Loss) income from discontinued operations, net of income taxes:
Income (loss) from discontinued operations before income taxes	$	6,472		$	9,386		$	4,279		$	(6,943	)
(Provision for) benefit from income taxes	(2,800		)	(4,086		)	(1,720		)	1,532
	3,672			5,300			2,559			(5,411		)
Loss on disposal, net of income tax benefit	(3,780		)	—			(3,780		)	—
(Loss) income from discontinued operations	$	(108	)	$	5,300		$	(1,221	)	$	(5,411	)

The following table sets forth the effect of the sale of Arby’s on certain information of Wendy’s Restaurants as of January 2, 2011 as disclosed in the combined notes to our consolidated financial statements included in the Form 10-K:



	Applicable to
	Discontinued Operations		Continuing Operations
Total future operating lease commitments:
Rental payments	$	729,940	$	958,872
Rental receipts	33,016		52,516
Future rental receipts on owned properties	24,985		53,907
Pledged assets	325,774		2,557,456
Future purchase and capital commitments:
Beverage agreements	52,301		175,249
Capital expenditures	5,316		12,879

The assets and liabilities of Arby’s are classified as assets and liabilities of discontinued operations as of July 3, 2011 as follows:



Cash and cash equivalents	$	7,076
Accounts and notes receivable	22,760
Inventories	10,373
Prepaid expenses and other current assets	15,328
Advertising fund restricted assets	10,788
Current assets of discontinued operations	$	66,325

Properties	$	366,825
Other intangible assets	26,782
Goodwill	17,617
Deferred costs and other assets	7,631
Noncurrent assets of discontinued operations	$	418,855

Current portion of long-term debt	$	9,687
Accounts payable	21,969
Accrued expenses and other current liabilities	68,468
Advertising fund restricted liabilities	10,788
Current liabilities of discontinued operations	$	110,912

Long-term debt	$	180,243
Deferred income	10,968
Other liabilities	54,500
Noncurrent liabilities of discontinued operations	$	245,711

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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