Cash and Receivables



	Year End
	December 31, 2017		January 1, 2017
Cash and cash equivalents
Cash	$	171,109	$	192,905
Cash equivalents	338		5,335
	$	171,447	$	198,240

Restricted cash
Current
Accounts held by trustee for the securitized financing facility	$	28,933	$	29,096
Collateral supporting letters of credit	3,205		6,165
Accounts held by trustee for reinvestment in capital assets	5		22,014
Trust for termination costs for former Wendy’s executives	289		168
Other	201		169
	$	32,633	$	57,612

Non-current (a)
Trust for termination costs for former Wendy’s executives	$	165	$	738

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(a)	Included in “Other assets.”



	Year End
	December 31, 2017			January 1, 2017
Accounts and Notes Receivable, Net
Current
Accounts receivable:
Franchisees	$	78,699		$	74,134
Other (a)	37,377			25,732
	116,076			99,866
Notes receivable from franchisees (b) (c)	2,860			2,989
	118,936			102,855
Allowance for doubtful accounts	(4,546		)	(4,030		)
	$	114,390		$	98,825

Non-Current (d)
Notes receivable from franchisees (c)	$	17,589		$	9,290
Allowance for doubtful accounts	—			(26		)
	$	17,589		$	9,264

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(a)	Includes income tax refund receivables of $26,262 and $18,111 as of December 31, 2017 and January 1, 2017, respectively.


(b)	Includes the current portion of direct financing lease receivables of $625 and $101 as of December 31, 2017 and January 1, 2017, respectively. See Note 20 for further information.


(c)	Includes a note receivable from a franchisee in Indonesia, of which $1,008 was included in current notes receivable as of December 31, 2017 and $3,789 and $2,454 was included in non-current notes receivable as of December 31, 2017 and January 1, 2017, respectively.

Non-current notes receivable include notes receivable from the Brazil JV totaling $12,800 and $6,810 as of December 31, 2017 and January 1, 2017, respectively. See Note 7 for further information.

Non-current notes receivable include a note receivable from a franchisee in India of $1,000 as of December 31, 2017.


(d)	Included in “Other assets.”

The following is an analysis of the allowance for doubtful accounts:



	Year Ended
	2017			2016			2015
Balance at beginning of year:
Current	$	4,030		$	3,488		$	2,343
Non-current	26			257			246
Provision for doubtful accounts:
Franchisees and other	579			390			979
Uncollectible accounts written off, net of recoveries	(89		)	(79		)	177
Balance at end of year:
Current	4,546			4,030			3,488
Non-current	—			26			257
Total	$	4,546		$	4,056		$	3,745