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System Optimization Losses (Gains), Net (Tables)
 9 Months Ended
Sep. 27, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
The following is a summary of the disposition activity recorded as a result of our system optimization initiative:
 
Three Months Ended
 
Nine Months Ended
 
September 27,
2015
 
September 28,
2014 (f)
 
September 27,
2015
 
September 28,
2014 (f)
Number of restaurants sold to franchisees
9

 
12

 
109

 
190

 
 
 
 
 
 
 
 
Proceeds from sales of restaurants
$
3,084

 
$
2,689

 
$
39,133

 
$
104,249

Net assets sold (a)
(1,867
)
 
(1,301
)
 
(19,247
)
 
(43,317
)
Goodwill related to sales of restaurants
(483
)
 
(478
)
 
(8,346
)
 
(14,136
)
Net (unfavorable) favorable leases (b)
(1,506
)
 
(1,080
)
 
5,889

 
23,901

Other (c)
—

 
(84
)
 
(3,224
)
 
216

 
(772
)
 
(254
)
 
14,205

 
70,913

Post-closing adjustments on sales of restaurants (d)
(495
)
 
(421
)
 
(1,134
)
 
(1,538
)
(Loss) gain on sales of restaurants, net
(1,267
)
 
(675
)
 
13,071

 
69,375

 
 
 
 
 
 
 
 
Gain on sales of other assets, net (e)
1,169

 
307

 
1,680

 
4,652

System optimization (losses) gains, net
$
(98
)
 
$
(368
)
 
$
14,751

 
$
74,027

_______________

(a)
Net assets sold consisted primarily of cash, inventory and equipment.

(b)
During the three and nine months ended September 27, 2015, the Company recorded favorable lease assets of $185 and $25,992, respectively, and unfavorable lease liabilities of $1,691 and $20,103, respectively, as a result of leasing and/or subleasing land, buildings, and/or leasehold improvements to franchisees, in connection with sales of restaurants. During the three and nine months ended September 28, 2014, the Company recorded favorable lease assets of $1,814 and $49,206, respectively, and unfavorable lease liabilities of $2,894 and $25,305, respectively.

(c)
The nine months ended September 27, 2015 includes a deferred gain of $2,658 related to the sale of 14 Canadian restaurants to a franchisee during the second quarter of 2015, as a result of certain contingencies related to the extension of lease terms. The deferred gain is included in “Other liabilities.” The nine months ended September 27, 2015 also includes a note receivable of $1,801 from a franchisee in connection with the sale of 16 Canadian restaurants, which was recognized as part of the overall loss on sale during the second quarter of 2015.

(d)
During the nine months ended September 27, 2015, notes receivable from franchisees in connection with sales of restaurants in 2014 were repaid and as a result, we recognized the related gain on sale of $2,450.

(e)
During the three and nine months ended September 27, 2015, Wendy’s received cash proceeds of $4,576 and $7,174, respectively, primarily from the sale of surplus properties. During the three and nine months ended September 28, 2014, Wendy’s received cash proceeds of $989 and $15,596, respectively, primarily from the sale of surplus properties and the sale of a company-owned aircraft.

(f)
Reclassifications have been made to the prior year presentation to include sales of restaurants previously reported in “Other operating expense, net” to conform to the current year presentation. Reclassifications have also been made to reflect the Bakery’s gain on sales of other assets as discontinued operations. See Note 1 for further details.
Schedule of Assets Held-for-sale [Table Text Block]
Assets Held for Sale
 
September 27,
2015
 
December 28, 2014 (a)
Number of restaurants classified as held for sale
274

 
106

Net restaurant assets held for sale (b)
$
103,561

 
$
25,266

 
 
 
 
Other assets held for sale (b)
$
5,144

 
$
13,469

_______________

(a)
Reclassifications have been made to the prior year presentation to include restaurants previously excluded from our system optimization initiative to conform to the current year presentation. See Note 1 for further details.

(b) Net restaurant assets held for sale include company-owned restaurants and consist primarily of cash, inventory, equipment and an estimate of allocable goodwill. Other assets held for sale primarily consist of surplus properties. Assets held for sale are included in “Prepaid expenses and other current assets.”