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Segment Information (Notes)
9 Months Ended
Sep. 27, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
Revenues by segment were as follows:
Three Months EndedNine Months Ended
September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
Wendy’s U.S.$374,895 $359,353 $1,037,194 $1,051,994 
Wendy’s International17,264 17,931 46,739 50,959 
Global Real Estate & Development60,083 60,596 175,575 178,858 
Total revenues$452,242 $437,880 $1,259,508 $1,281,811 

The following table reconciles profit by segment to the Company’s consolidated income before income taxes:
Three Months EndedNine Months Ended
September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
Wendy’s U.S. (a)$108,297 $98,342 $283,261 $290,969 
Wendy’s International6,567 6,271 15,256 17,500 
Global Real Estate & Development25,340 26,408 75,541 83,260 
Total segment profit$140,204 $131,021 $374,058 $391,729 
Advertising funds deficit(1,140)(1,053)(3,547)(3,108)
Unallocated general and administrative (b)(21,424)(18,254)(68,594)(59,606)
Depreciation and amortization(32,966)(33,306)(98,726)(97,975)
System optimization gains, net23 1,040 2,333 1,162 
Reorganization and realignment costs(3,375)(403)(10,196)(4,771)
Impairment of long-lived assets(23)— (4,727)(1,684)
Unallocated other operating income, net49 (22)140 115 
Interest expense, net(29,086)(27,930)(86,696)(86,943)
Loss on early extinguishment of debt— — — (7,150)
Other income, net181 2,218 1,113 7,165 
Income before income taxes$52,443 $53,311 $105,158 $138,934 
_______________
(a)For the three and nine months ended September 27, 2020, includes advertising funds expense of $6,153 and $8,338, respectively, related to the expected Company funding of incremental advertising during 2020.

(b)Includes corporate overhead costs, such as employee compensation and related benefits.