Wendy's 2013 Annual Report Download - page 65
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THE WENDY’S COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In Thousands)
December 29,
2013
December 30,
2012
ASSETS
Current assets:
Cash and cash equivalents ............................................. $ 580,152 $ 453,361
Accounts and notes receivable .......................................... 62,885 61,164
Inventories ........................................................ 10,226 13,805
Prepaid expenses and other current assets ................................. 81,759 24,231
Deferred income tax benefit ........................................... 120,206 91,489
Advertising funds restricted assets ....................................... 67,183 65,777
Total current assets .............................................. 922,411 709,827
Properties ............................................................. 1,165,487 1,250,338
Goodwill ............................................................. 842,544 876,201
Other intangible assets ................................................... 1,305,780 1,301,537
Investments ........................................................... 83,197 113,283
Deferred costs and other assets ............................................. 43,621 52,013
Total assets .................................................... $4,363,040 $4,303,199
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt ...................................... $ 38,543 $ 12,911
Accounts payable ................................................... 83,700 70,826
Accrued expenses and other current liabilities .............................. 160,100 137,348
Advertising funds restricted liabilities .................................... 67,183 65,777
Total current liabilities ........................................... 349,526 286,862
Long-term debt ........................................................ 1,425,285 1,444,651
Deferred income taxes ................................................... 482,499 438,217
Other liabilities ......................................................... 176,244 147,614
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 ............................................. 2,794,445 2,782,765
Accumulated deficit ................................................. (492,215) (467,007)
Common stock held in treasury, at cost .................................. (409,449) (382,926)
Accumulated other comprehensive (loss) income ........................... (10,337) 5,981
Total stockholders’ equity ......................................... 1,929,486 1,985,855
Total liabilities and stockholders’ equity .......................... $4,363,040 $4,303,199
See accompanying notes to consolidated financial statements.
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