(9) Income (Loss) Per Share

3 Months Ended

Apr. 01, 2012

Loss Per Share [Abstract]

Income (Loss) Per Share

Income (Loss) Per Share

(The Wendy’s Company)

Basic income (loss) per share for the three months ended April 1, 2012 and April 3, 2011 was computed by dividing income (loss) amounts attributable to The Wendy’s Company by the weighted average number of common shares outstanding. Income (loss) amounts attributable to The Wendy’s Company used to calculate basic and diluted income (loss) per share were as follows:

	Three Months Ended
	April 1, 2012		April 3, 2011
Income (loss) from continuing operations	$	12,350	$	(296	)
Loss from discontinued operations	—		(1,113		)
Net income (loss) attributable to The Wendy’s Company	$	12,350	$	(1,409	)

The weighted average number of shares used to calculate basic and diluted income (loss) per share was as follows:

	Three Months Ended
	April 1, 2012	April 3, 2011
Common stock:
Weighted average basic shares outstanding	389,701	418,520
Dilutive effect of stock options and restricted      shares	2,574	—
Weighted average diluted shares outstanding	392,275	418,520

Diluted income per share for the three months ended April 1, 2012 was computed by dividing income by the weighted average number of basic shares outstanding plus the potential common share effect of dilutive stock options and restricted shares, computed using the treasury stock method. For the three months ended April 1, 2012, we excluded 19,312 of potential common shares from our diluted income per share calculation as they would have had anti-dilutive effects. Diluted loss per share for the three months ended April 3, 2011 was the same as basic loss per share since the Company reported a loss from continuing operations and, therefore, the effect of all potentially dilutive securities would have been antidilutive.