Wendy's 2008 Annual Report Download - page 178
Download and view the complete annual report
Please find page 178 of the 2008 Wendy's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184 -
185 -
186 -
187 -
188 -
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
 |
 |
Revenues and long-lived asset information by geographic area are as follows:
U.S Canada Other International Total
2008
Revenues:
Wendy’s restaurants .......................... $ 548,792 $53,201 $3,438 $ 605,431
Arby’s restaurants ............................ 1,213,774 3,419 137 1,217,330
Consolidated revenue....................... $1,762,566 $56,620 $3,575 $1,822,761
Long-lived assets:
Wendy’s restaurants .......................... $1,216,736 $42,378 $ 53 $1,259,167
Arby’s restaurants ............................ 495,743 10 — 495,753
General corporate ............................ 15,452 — — 15,452
Consolidated Assets ........................ $1,721,931 $48,388 $ 53 $1,770,372
2007
Revenues:
Arby’s restaurants ............................ $1,196,706 $ 3,574 $ 137 $1,200,417
Asset management ........................... 63,300 — — 63,300
Consolidated revenue....................... $1,260,006 $ 3,481 $ 137 $1,263,717
Long-lived assets:
Arby’s restaurants ............................ $ 474,047 $ 14 $ — $ 474,061
General corporate ............................ 30,813 — — 30,813
Consolidated Assets ........................ $ 504,860 $ 14 $ — $ 504,874
2006
Revenues:
Arby’s restaurants ............................ $1,151,786 $ 3,371 $ 115 $1,155,272
Asset management ........................... 88,006 — — 88,006
Consolidated revenue....................... $1,239,792 $ 3,105 $ 115 $1,243,278
Long-lived assets:
Arby’s restaurants ............................ $ 437,059 $ 4,216 $ — $ 441,275
Asset management ........................... 11,663 — — 11,663
General corporate ............................ 35,546 — — 35,546
Consolidated Assets ........................ $ 484,268 $ 4,216 $ — $ 488,484
(31) Quarterly Financial Information (Unaudited)
The table below sets forth summary unaudited consolidated quarterly financial information for 2008 and
2007. The Company reports on a fiscal year typically consisting of 52 weeks ending on the Sunday closest to
December 31. Deerfield reported on a calendar year basis until the date of its sale on December 21, 2007.
Excluding Deerfield, all of the Company’s fiscal quarters in 2008 and 2007 contained 13 weeks. Deerfield has
been included in this unaudited consolidated quarterly financial information through the date of its sale on
December 21, 2007. Wendy’s has been included in this unaudited consolidated quarterly financial information
beginning with the date of the Wendy’s Merger on September 29, 2008.
170
WENDY’S/ARBY’S GROUP, INC. AND SUBSIDIARIES
(FORMERLY TRIARC COMPANIES, INC.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
(In Thousands Except Per Share Amounts)