Wendy's 2008 Annual Report Download - page 150
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2008 2007 2006
Compensation expense related to stock options ........................... $5,953 $ 4,271 $ 7,500
Compensation expense related to the effect of the Conversion on Wendy’s
stock options ....................................................... 1,923 — —
Compensation expense related to Restricted Shares........................ 1,247 3,479 4,363
Compensation expense related to the Equity Interests ..................... — 2,240 4,026
Compensation expense credited to “Stockholders’ Equity” ................. 9,123 9,990 15,889
Compensation expense related to dividends and related interest on the
2005, 2007 and 2008 Restricted Shares (a) ............................ 6 26 39
Total share-based compensation expense included in “General and
administrative”............................................... 9,129 10,016 15,928
Less:
Income tax benefit ................................................ (3,363) (2,946) (4,436)
Minority interests................................................. — (233) (249)
Share-based compensation expense, net of related income taxes and
minority interests ............................................ 5,766 $ 6,837 $11,243
(a) In accordance with SFAS 123(R), dividends of $65, $148 and $551 that accrued on the 2008, 2007 and
2005 Restricted Shares were charged to “Retained earnings” in 2008, 2007 and 2006, respectively.
142
Wendy’s/Arby’s Group, Inc. and Subsidiaries
(Formerly Triarc Companies, Inc.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
(In Thousands Except Per Share Amounts)