Long-Term Debt (Tables)

9 Months Ended

Sep. 29, 2013

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt consisted of the following:

	September 29, 2013			December 30, 2012
Term A Loan, due in 2018	$	350,000		$	—
Term B Loan, due in 2019	769,375			1,114,826
6.20% Senior Notes, due in 2014	225,586			225,940
7% debentures, due in 2025	84,373			83,496
Capital lease obligations, due through 2040	37,538			32,594
Other (a)	5,050			706
	1,471,922			1,457,562
Less amounts payable within one year	(38,260		)	(12,911		)
Total long-term debt	$	1,433,662		$	1,444,651

_______________

(a) Other includes $4,696 of debt resulting from the consolidation of the Japan JV in the second quarter of 2013. The carrying amount of the long-term debt approximates fair value.

Schedule of Extinguishment of Debt [Table Text Block]

As a result of the refinancing of its existing Credit Agreement, described above, Wendy’s incurred a loss on the early extinguishment of debt as follows:

	Three Months Ended		Nine Months Ended
	September 29, 2013		September 29, 2013
Unaccreted discount on Term B Loan	$	—	$	9,561
Deferred costs associated with the Credit Agreement	—		11,458
Loss on early extinguishment of debt	$	—	$	21,019

The Company incurred a loss on the early extinguishment of debt in 2012 related to the repayment of debt from the proceeds of the 2012 term loan under the May 15, 2012 Credit Agreement, as follows:

	Three Months Ended		Nine Months Ended
	September 30, 2012		September 30, 2012
Premium payment to redeem/purchase Wendy’s Restaurants 10.00% Senior Notes due in 2016 (the “Senior Notes”)	$	33,058	$	43,151
Unaccreted discount on the Senior Notes	7,186		9,272
Deferred costs associated with the Senior Notes	9,637		12,433
Unaccreted discount on the 2010 term loan	—		1,695
Deferred costs associated with the 2010 term loan	—		8,525
Loss on early extinguishment of debt	$	49,881	$	75,076