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Income (Loss) Per Share
12 Months Ended
Dec. 29, 2013
Earnings Per Share [Abstract]  
Income (Loss) Per Share
Income (Loss) Per Share

Basic income (loss) per share for 2013, 2012 and 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:

 
 
Year Ended
 
 
2013
 
2012
 
2011
Amounts attributable to The Wendy’s Company:
 
 
 
 
 
 
Income from continuing operations
 
$
45,753

 
$
5,574

 
$
17,912

Net (loss) income from discontinued operations
 
(266
)
 
1,509

 
(8,037
)
Net income
 
$
45,487

 
$
7,083

 
$
9,875



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

 
 
Year Ended
 
 
2013
 
2012
 
2011
Common stock:
 
 
 
 
 
 
Weighted average basic shares outstanding
 
392,585

 
390,275

 
405,224

Dilutive effect of stock options and restricted shares
 
6,095

 
1,865

 
1,956

Weighted average diluted shares outstanding
 
398,680

 
392,140

 
407,180



Diluted income per share was computed by dividing income attributable to The Wendy’s Company by the weighted average number of basic shares outstanding plus the potential common share effect of dilutive stock options and restricted shares. For 2013, 2012 and 2011, we excluded 10,823, 23,406 and 19,294, respectively, of potential common shares from our diluted income per share calculation as they would have had anti-dilutive effects.