Wendy's 2011 Annual Report Download - page 70
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THE WENDY’S COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In Thousands)
January 1,
2012
January 2,
2011
ASSETS
Current assets:
Cash and cash equivalents ............................................. $ 475,231 $ 512,508
Accounts and notes receivable .......................................... 68,349 84,258
Inventories ........................................................ 12,903 22,694
Prepaid expenses and other current assets ................................. 27,397 24,386
Deferred income tax benefit ........................................... 93,384 34,389
Advertising funds restricted assets ....................................... 69,672 76,553
Total current assets .............................................. 746,936 754,788
Properties ............................................................. 1,192,200 1,551,261
Goodwill ............................................................. 870,431 883,644
Other intangible assets ................................................... 1,304,288 1,358,574
Investments ........................................................... 119,271 107,223
Deferred costs and other assets ............................................. 67,542 77,164
Total assets .................................................... $4,300,668 $4,732,654
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt ...................................... $ 6,597 $ 18,415
Accounts payable ................................................... 81,301 81,361
Accrued expenses and other current liabilities .............................. 210,698 245,157
Advertising funds restricted liabilities .................................... 69,672 76,553
Total current liabilities ........................................... 368,268 421,486
Long-term debt ........................................................ 1,350,402 1,553,987
Deferred income ........................................................ 6,523 11,460
Deferred income taxes ................................................... 470,521 412,293
Other liabilities ......................................................... 108,885 170,254
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.10 par value; 1,500,000 shares authorized; 470,424 shares
issued .......................................................... 47,042 47,042
Additional paid-in capital ............................................. 2,779,871 2,771,126
Accumulated deficit ................................................. (434,999) (412,464)
Common stock held in treasury, at cost .................................. (395,947) (249,547)
Accumulated other comprehensive income ................................ 102 7,017
Total stockholders’ equity ......................................... 1,996,069 2,163,174
Total liabilities and stockholders’ equity .............................. $4,300,668 $4,732,654
See accompanying notes to consolidated financial statements.
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