Net Income (Loss) Per Share

9 Months Ended

Sep. 28, 2014

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Basic net income (loss) per share is computed by dividing net income (loss) 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 (loss) per share was as follows:

	Three Months Ended		Nine Months Ended
	September 28, 2014	September 29, 2013	September 28, 2014	September 29, 2013
Common stock:
Weighted average basic shares outstanding	366,880	392,579	371,714	392,750
Dilutive effect of stock options and restricted shares	5,272	—	6,178	5,351
Weighted average diluted shares outstanding	372,152	392,579	377,892	398,101

Diluted net income per share for the three and nine months endedSeptember 28, 2014 and nine months ended September 29, 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 3,886 and 4,833 for the three and nine months endedSeptember 28, 2014, respectively, and 12,103 for the nine months ended September 29, 2013, of potential common shares from our diluted net income per share calculation as they would have had anti-dilutive effects. Diluted net loss per share for the three months endedSeptember 29, 2013 was the same as basic net loss per share since the Company reported a net loss and therefore, the effect of all potentially dilutive securities would have been anti-dilutive.