Facilities Relocation and Other Transactions

3 Months Ended

Mar. 31, 2013

Consolidation of Facilities [Abstract]

Facilities Relocation and Other Transition Costs

Facilities Relocation Costs and Other Transactions



	Three Months Ended
	March 31, 2013		April 1, 2012
Facilities relocation and other transition costs	$	2,170	$	5,531
Breakfast discontinuation	668		—
Arby’s transaction related costs	200		612
	$	3,038	$	6,143

Facilities Relocation and Other Transition Costs

As announced in December 2011, we commenced the relocation of the Company’s Atlanta restaurant support center to Ohio. The relocation was substantially completed during 2012. The Company expects to record costs aggregating approximately $4,800 in 2013 primarily related to severance and relocation.



	Three Months Ended				Total Incurred Since Inception		Total Expected to be Incurred
	March 31, 2013		April 1, 2012		Total Incurred Since Inception		Total Expected to be Incurred
Severance, retention and other payroll costs	$	942	$	2,999	$	16,239	$	17,526
Relocation costs	817		576		6,039		7,270
Atlanta facility closure costs	218		44		4,759		4,759
Consulting and professional fees	107		885		5,035		5,035
Other	86		386		2,226		2,292
	2,170		4,890		34,298		36,882
Accelerated depreciation expense	—		641		2,118		2,118
Share-based compensation	—		—		271		271
Total	$	2,170	$	5,531	$	36,687	$	39,271

The table below presents a rollforward of our accruals for facility relocation costs, which are included in “Accrued expenses and other current liabilities” and “Other liabilities.”



	Balance December 30, 2012		Charges		Payments			Balance March 31, 2013
Severance, retention and other payroll costs	$	4,121	$	942	$	(2,131	)	$	2,932
Relocation costs	500		817		(1,199		)	118
Atlanta facility closure costs	4,170		218		(638		)	3,750
Consulting and professional fees	80		107		(187		)	—
Other	9		86		(95		)	—
	$	8,880	$	2,170	$	(4,250	)	$	6,800

Breakfast Discontinuation

In January 2013, Wendy’s announced that it was discontinuing the breakfast daypart at certain restaurants. During the three months ended March 31, 2013, we reflected $668 of costs for such discontinuance, primarily representing the remaining carrying value of breakfast related equipment no longer being used.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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