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(4) Investments (Tables)
6 Months Ended
Jul. 01, 2012
Investments [Member]  
Investment in Joint Venture with Tim Horton's, Inc.
Presented below is an unaudited summary of activity related to our investment in TimWen included in our condensed consolidated balance sheets and condensed consolidated statements of operations:
 
 
Six Months Ended
 
 
July 1,
2012
 
July 3,
2011
Balance at beginning of period
 
$
91,742

 
$
98,631

Equity in earnings for the period
 
6,545

 
6,588

Amortization of purchase price adjustments (a)
 
(1,554
)
 
(1,371
)
 
 
4,991

 
5,217

Distributions received
 
(6,694
)
 
(6,501
)
Foreign currency translation adjustment included in
    “Other comprehensive (loss) income, net”
 
475

 
3,990

Balance at end of period (b)
 
$
90,514

 
$
101,337

_____________________

(a)
Based upon an original average aggregate life of 21 years.
(b)
Included in “Investments.”

Summarized Financial Information of TimWen
 
 
July 1,
2012
 
July 3,
2011
Balance sheet information:
 
 
 
 
Properties
 
C$
72,981

 
C$
76,837

Cash and cash equivalents
 
2,719

 
2,503

Accounts receivable
 
4,624

 
5,103

Other
 
2,654

 
2,755

 
 
C$
82,978

 
C$
87,198

 
 
 
 
 
Accounts payable and accrued liabilities
 
C$
1,270

 
C$
951

Other liabilities
 
8,556

 
9,100

Partners’ equity
 
73,152

 
77,147

 
 
C$
82,978

 
C$
87,198


 
 
Six Months Ended
 
 
July 1,
2012
 
July 3,
2011
Income statement information:
 
 
 
 
Revenues
 
C$
19,401

 
C$
18,985

Income before income taxes and net income
 
13,177

 
13,219