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Cash and Receivables (Notes)
 3 Months Ended
Mar. 29, 2020
Cash and Receivables [Abstract]  
Cash and Receivables Disclosure [Text Block] Cash and Receivables
 
March 29, 2020
 
December 29, 2019
Cash and cash equivalents
 
 
 
Cash
$
174,617

 
$
185,203

Cash equivalents
120,273

 
114,992

 
294,890

 
300,195

Restricted cash
 
 
 
Accounts held by trustee for the securitized financing facility
53,127

 
34,209

Other
332

 
330

 
53,459

 
34,539

Advertising Funds (a)
37,186

 
23,973

 
90,645

 
58,512

Total cash, cash equivalents and restricted cash
$
385,535

 
$
358,707

_______________

(a)
Included in “Advertising funds restricted assets.”

 
 
March 29, 2020
 
December 29, 2019
 
 
Gross
 
Allowance for Doubtful Accounts
 
Net
 
Gross
 
Allowance for Doubtful Accounts
 
Net
Accounts and Notes Receivable, Net
 
 
 
 
 
 
 
 
 
 
 
 
Current
 
 
 
 
 
 
 
 
 
 
 
 
Accounts receivable (a)
 
$
71,750

 
$
(3,881
)
 
$
67,869

 
$
103,852

 
$
(3,314
)
 
$
100,538

Notes receivable from franchisees (b) (c) (d)
 
18,635

 
(5,505
)
 
13,130

 
23,628

 
(6,705
)
 
16,923

 
 
$
90,385

 
$
(9,386
)
 
$
80,999

 
$
127,480

 
$
(10,019
)
 
$
117,461

Non-current (e)
 
 
 
 
 
 
 
 
 
 
 
 
Notes receivable from franchisees (d)
 
$
5,623

 
$
—

 
$
5,623

 
$
1,617

 
$
—

 
$
1,617

_______________

(a)
Includes accrued interest receivables, net of $1,008 and $1,304 and income tax refund receivables $9,764 and $13,555 as of March 29, 2020 and December 29, 2019, respectively. Additionally, 2019 includes receivables of $25,350 related to insurance coverage for the financial institutions case.

(b)
Includes the current portion of sales-type and direct financing lease receivables of $3,438 and $3,146 as of March 29, 2020 and December 29, 2019, respectively.

(c)
Includes a note receivable from a franchisee in India totaling $1,000 as of March 29, 2020 and December 29, 2019. As of March 29, 2020 and December 29, 2019, the Company had a reserve of $985 on the loan outstanding to the franchisee in India.

Included a note receivable from a U.S. franchisee totaling $1,000 as of December 29, 2019. The note was repaid during the three months ended March 29, 2020.

(d)
Includes a note receivable from a franchisee in Indonesia, of which $1,097 and $1,262 are included in current notes receivable and $1,273 and $1,617 are included in non-current notes receivable as of March 29, 2020 and December 29, 2019, respectively.

Includes notes receivable related to a joint venture for the operation of Wendy’s restaurants in Brazil (the “Brazil JV”), of which $11,800 and $15,920 are included in current notes receivable as of March 29, 2020 and December 29, 2019, respectively, and $4,350 is included in non-current notes receivable as of March 29, 2020. As of March 29, 2020 and December 29, 2019, the Company had reserves of $4,520 and $5,720, respectively, on the loans outstanding related to the Brazil JV.

(e)
Included in “Other assets.”

Reserve estimates include consideration of the likelihood of default expected over the estimated life of the receivable. The Company periodically assesses the need for an allowance for doubtful accounts on its receivables based upon several key credit quality indicators such as outstanding past due balances, the financial strength of the obligor, the estimated fair value of any underlying collateral and agreement characteristics. We believe that our vulnerability to risk concentrations in our receivables is mitigated by (1) favorable historical collectability on past due balances, (2) recourse to the underlying collateral regarding sales-type and direct financing lease receivables, and (3) our expectations for fluctuations in general market conditions. Receivables are considered delinquent once they are contractually past due under the terms of the underlying agreements. As of March 29, 2020, there were no material receivables more than one year past due.

The following is an analysis of the allowance for doubtful accounts:
 
Accounts Receivable
 
Notes Receivable
 
Total
Three Months Ended March 29, 2020
 
 
 
 
 
Balance at December 29, 2019
$
3,314

 
$
6,705

 
$
10,019

Provision for doubtful accounts
588

 
(8
)
 
580

Uncollectible accounts written off, net of recoveries
(21
)
 
(1,192
)
 
(1,213
)
Balance at March 29, 2020
$
3,881

 
$
5,505

 
$
9,386

 
 
 
 
 
 
Three Months Ended March 31, 2019
 
 
 
 
 
Balance at December 30, 2018
$
4,940

 
$
2,000

 
$
6,940

Provision for doubtful accounts
(570
)
 
594

 
24

Uncollectible accounts written off, net of recoveries
(123
)
 
6

 
(117
)
Balance at March 31, 2019
$
4,247

 
$
2,600

 
$
6,847