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Leases
 9 Months Ended
Oct. 02, 2022
Leases [Abstract]  
Leases, Company as Lessee Leases
Nature of Leases
The Company operates restaurants that are located on sites owned by us and sites leased by us from third parties. In addition, the Company owns sites and leases sites from third parties, which it leases and/or subleases to franchisees. At October 2, 2022, Wendy’s and its franchisees operated 7,080 Wendy’s restaurants. Of the 412 Company-operated Wendy’s restaurants, Wendy’s owned the land and building for 158 restaurants, owned the building and held long-term land leases for 142 restaurants and held leases covering the land and building for 112 restaurants. Wendy’s also owned 489 and leased 1,205 properties that were either leased or subleased principally to franchisees. The Company also leases restaurant, office and transportation equipment.

Company as Lessee

The components of lease cost are as follows:
Three Months EndedNine Months Ended
October 2,
2022		October 3,
2021		October 2,
2022		October 3,
2021
Finance lease cost:
Amortization of finance lease assets$4,053 $3,543 $12,223 $10,302 
Interest on finance lease liabilities10,717 10,371 32,055 30,931 
14,770 13,914 44,278 41,233 
Operating lease cost21,929 22,388 64,914 68,761 
Variable lease cost (a)16,367 16,635 47,626 48,406 
Short-term lease cost1,116 1,125 3,954 3,721 
Total operating lease cost (b)39,412 40,148 116,494 120,888 
Total lease cost$54,182 $54,062 $160,772 $162,121 
_______________

(a)Includes expenses for executory costs of $8,943 and $10,016 for the three months ended October 2, 2022 and October 3, 2021, respectively, and $27,796 and $30,166 for the nine months ended October 2, 2022 and October 3, 2021, respectively, for which the Company is reimbursed by sublessees.

(b)Includes $31,559 and $34,396 for the three months ended October 2, 2022 and October 3, 2021, respectively, and $92,555 and $101,011 for the nine months ended October 2, 2022 and October 3, 2021, respectively, recorded to “Franchise rental expense” for leased properties that are subsequently leased to franchisees. Also includes $7,357 and $5,213 for the three months ended October 2, 2022 and October 3, 2021, respectively, and $22,130 and $18,005 for the nine months ended October 2, 2022 and October 3, 2021, respectively, recorded to “Cost of sales” for leases for Company-operated restaurants.
Leases, Company as Lessor
Company as Lessor

The components of lease income are as follows:
Three Months EndedNine Months Ended
October 2,
2022		October 3,
2021		October 2,
2022		October 3,
2021
Sales-type and direct-financing leases:
Selling profit$711 $705 $2,868 $4,244 
Interest income (a)7,784 7,786 23,277 22,861 
Operating lease income42,351 45,834 127,839 134,312 
Variable lease income16,112 16,612 47,105 47,878 
Franchise rental income (b)$58,463 $62,446 $174,944 $182,190 
_______________

(a)Included in “Interest expense, net.”

(b)Includes sublease income of $43,540 and $46,102 recognized during the three months ended October 2, 2022 and October 3, 2021, respectively, and $130,394 and $134,597 recognized during the nine months ended October 2, 2022 and October 3, 2021, respectively. Sublease income includes lessees’ variable payments to the Company for executory costs of $8,947 and $10,087 for the three months ended October 2, 2022 and October 3, 2021, respectively, and $27,732 and $30,156 for the nine months ended October 2, 2022 and October 3, 2021, respectively.