XML 51 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Income Per Share
6 Months Ended
Jun. 29, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share

Basic net income per share for the three and six months ended June 29, 2014 and June 30, 2013 was computed by dividing net income amounts attributable to The Wendy’s Company by the weighted average number of common shares outstanding.

The weighted average number of shares used to calculate basic and diluted net income per share were as follows:
 
Three Months Ended
 
Six Months Ended
 
June 29,
2014
 
June 30,
2013
 
June 29,
2014
 
June 30,
2013
Common stock:
 
 
 
 
 
 
 
Weighted average basic shares outstanding
366,712

 
393,174

 
374,132

 
392,836

Dilutive effect of stock options and restricted shares
5,460

 
4,710

 
6,630

 
3,953

Weighted average diluted shares outstanding
372,172

 
397,884

 
380,762

 
396,789



Diluted net income per share for the three and six months ended June 29, 2014 and June 30, 2013 was computed by dividing net 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, computed using the treasury stock method. We excluded 4,758 and 5,306 for the three and six months ended June 29, 2014, respectively, and 13,145 and 15,488 for the three and six months ended June 30, 2013, respectively, of potential common shares from our diluted net income per share calculation as they would have had anti-dilutive effects.