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Revenue
 6 Months Ended
Jul. 03, 2022
Revenue [Abstract]  
Revenue from Contract with Customer Revenue
Disaggregation of Revenue

The following tables disaggregate revenue by segment and source:
Wendy’s U.S.Wendy’s InternationalGlobal Real Estate & DevelopmentTotal
Three Months Ended July 3, 2022
Sales at Company-operated restaurants$227,903 $2,966 $— $230,869 
Franchise royalty revenue108,872 16,141 — 125,013 
Franchise fees15,986 1,167 1,270 18,423 
Franchise rental income— — 58,610 58,610 
Advertising funds revenue97,679 7,189 — 104,868 
Total revenues$450,440 $27,463 $59,880 $537,783 
Six Months Ended July 3, 2022
Sales at Company-operated restaurants$434,404 $5,740 $— $440,144 
Franchise royalty revenue206,792 29,966 — 236,758 
Franchise fees31,391 2,438 1,825 35,654 
Franchise rental income— — 116,481 116,481 
Advertising funds revenue185,164 12,225 — 197,389 
Total revenues$857,751 $50,369 $118,306 $1,026,426 
Three Months Ended July 4, 2021
Sales at Company-operated restaurants$193,279 $246 $— $193,525 
Franchise royalty revenue106,006 13,560 — 119,566 
Franchise fees14,331 1,454 1,310 17,095 
Franchise rental income— — 60,868 60,868 
Advertising funds revenue96,227 6,056 — 102,283 
Total revenues$409,843 $21,316 $62,178 $493,337 
Six Months Ended July 4, 2021
Sales at Company-operated restaurants$382,336 $246 $— $382,582 
Franchise royalty revenue202,770 25,130 — 227,900 
Franchise fees26,261 2,897 2,433 31,591 
Franchise rental income— — 119,744 119,744 
Advertising funds revenue180,430 11,293 — 191,723 
Total revenues$791,797 $39,566 $122,177 $953,540 
Contract Balances

The following table provides information about receivables and contract liabilities (deferred franchise fees) from contracts with customers:
July 3,
2022 (a)		January 2, 2022 (a)
Receivables, which are included in “Accounts and notes receivable, net” (b)
$57,838 $49,168 
Receivables, which are included in “Advertising funds restricted assets”
66,918 65,497 
Deferred franchise fees (c)99,108 97,186 
_______________

(a)Excludes funds collected from the sale of gift cards, which are primarily reimbursed to franchisees upon redemption at franchised restaurants and do not ultimately result in the recognition of revenue in the Company’s condensed consolidated statements of operations.

(b)Includes receivables related to “Sales” and “Franchise royalty revenue and fees.”

(c)Deferred franchise fees are included in “Accrued expenses and other current liabilities” and “Deferred franchise fees” and totaled $9,862 and $89,246, respectively, as of July 3, 2022, and $9,084 and $88,102, respectively, as of January 2, 2022.

Significant changes in deferred franchise fees are as follows:
Six Months Ended
July 3,
2022		July 4,
2021
Deferred franchise fees at beginning of period$97,186 $97,785 
Revenue recognized during the period
(5,037)(6,845)
New deferrals due to cash received and other6,959 7,469 
Deferred franchise fees at end of period$99,108 $98,409 

Anticipated Future Recognition of Deferred Franchise Fees

The following table reflects the estimated franchise fees to be recognized in the future related to performance obligations that are unsatisfied at the end of the period:
Estimate for fiscal year:
2022 (a)$6,831 
20236,440 
20246,260 
20256,084 
20265,975 
Thereafter67,518 
$99,108 
_______________

(a)Represents franchise fees expected to be recognized for the remainder of 2022, which includes development-related franchise fees expected to be recognized over a duration of one year or less.