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Income (Loss) Per Share
12 Months Ended
Dec. 30, 2012
Loss Per Share [Abstract]  
Income (Loss) Per Share
Income (Loss) Per Share

Basic income (loss) per share for 2012, 2011 and 2010 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:

 
 
Year Ended
 
 
2012
 
2011
 
2010
Amounts attributable to The Wendy’s Company:
 
 
 
 
 
 
Income from continuing operations
 
$
5,574

 
$
17,912

 
$
18,111

Net income (loss) from discontinued operations
 
1,509

 
(8,037
)
 
(22,436
)
Net income (loss)
 
$
7,083

 
$
9,875

 
$
(4,325
)


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

 
 
Year Ended
 
 
2012
 
2011
 
2010
Common stock:
 
 
 
 
 
 
Weighted average basic shares outstanding
 
390,275

 
405,224

 
426,247

Dilutive effect of stock options and restricted shares
 
1,865

 
1,956

 
948

Weighted average diluted shares outstanding
 
392,140

 
407,180

 
427,195



Diluted income per share is 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 2012, 2011 and 2010, we excluded 23,406, 19,294 and 24,088, respectively, of potential common shares from our diluted income per share calculation as they would have had anti-dilutive effects.