XML 94 R45.htm IDEA: XBRL DOCUMENT v2.4.0.6
(10) Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Jan. 01, 2012
Goodwill and Other Intangible Assets [Abstract]  
Summary of components of goodwill
 
 
2011
 
2010
Balance at beginning of year:
 
 
 
 
Wendy’s Restaurants goodwill
 
$
1,370,996

 
$
1,368,371

Accumulated impairment losses
 
(482,075
)
 
(482,075
)
     Total Wendy’s Restaurants goodwill
 
888,921

 
886,296

Corporate goodwill adjustment
 
(5,277
)
 
(5,277
)
Total The Wendy’s Company goodwill
 
883,644

 
881,019

Changes in goodwill:
 


 


Arby’s goodwill sold, net of accumulated impairment losses of $482,075
 
(17,617
)
 

Other restaurant acquisitions and dispositions
 
5,626

 

Currency translation adjustment
 
(1,222
)
 
2,625

Balance at end of year:
 
 
 
 
Wendy’s Restaurants goodwill
 
875,708

 
1,370,996

Accumulated impairment losses
 

 
(482,075
)
     Total Wendy’s Restaurants goodwill
 
875,708

 
888,921

Corporate goodwill adjustment
 
(5,277
)
 
(5,277
)
Total The Wendy’s Company goodwill
 
$
870,431

 
$
883,644


Schedule of finite-lived and indefinite-lived intangible assets
 
Year End 2011
 
Year End 2010
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
Non-amortizable:
 
 
 
 
 
 
 
 
 
 
 
Wendy’s trademarks
$
903,000

 
$

 
$
903,000

 
$
903,000

 
$

 
$
903,000

Amortizable:
 
 
 
 
 
 
 
 
 
 
 
Franchise agreements
353,262

 
54,853

 
298,409

 
353,771

 
38,077

 
315,694

Favorable leases
108,304

 
24,961

 
83,343

 
134,445

 
27,867

 
106,578

Reacquired rights under
     franchise agreements
1,215

 
1

 
1,214

 
15,716

 
4,172

 
11,544

Computer software
36,817

 
18,495

 
18,322

 
39,649

 
17,891

 
21,758

 
$
1,402,598

 
$
98,310

 
$
1,304,288

 
$
1,446,581

 
$
88,007

 
$
1,358,574

Schedule of aggregate amortization expense
Aggregate amortization expense:
 
Actual for fiscal year (a):
 
2009
$
34,398

2010
36,662

2011
33,181

Estimate for fiscal year:
 
2012
$
29,248

2013
28,457

2014
27,548

2015
25,261

2016
23,315

Thereafter
267,459

_____________________

(a)
Includes $2,763, $5,125 and $2,180 of impairment charges related to other intangible assets in 2011, 2010 and 2009, respectively, which have been recorded as a reduction in the cost basis of the related intangible asset.