Wendy's 2009 Annual Report Download - page 123

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The components of facilities relocation and corporate restructuring charges in 2009, 2008 and 2007 and
an analysis of related activity in the facilities relocation and corporate restructuring accrual are as follows:
Balance
December 28,
2008 Provisions Payments
Balance
January 3,
2010
Total
Expected
to be
Incurred
Total
Incurred to
Date
2009
Wendy’s restaurant segment:
Cash obligations:
Severance costs. . . . . . . . . . . . . . . . $3,101 $11,096 $(8,567) $5,630 $ 14,197 $ 14,197
Total Wendy’s restaurant
segment . . . . . . . . . . . . . . . . . 3,101 11,096 (8,567) 5,630 14,197 14,197
Arby’s restaurant segment:
Cash obligations:
Employee relocation costs . . . . . . 72 (72) (a) — — 4,579 4,579
Other........................ — ——— 7,471 7,471
72 (72) — — 12,050 12,050
Non-cash charges................ — ——— 719 719
Total Arby’s restaurant
segment ................... 72 (72) — — 12,769 12,769
General corporate:
Cash obligations:
Severance and retention
incentive compensation . . . . . . 962 — (462) 500 84,622 84,622
Non-cash charges................ — ——— 835 835
Total General corporate . . . . . 962 — (462) 500 85,457 85,457
$4,135 $11,024 $(9,029) $6,130 $112,423 $112,423
Balance
December 30,
2007 Provisions Payments
Balance
December 28,
2008
2008
Wendy’s restaurant segment:
Cash obligations:
Severance costs ................................ $ — $3,101 $ — $3,101
Total Wendy’s restaurant segment . . . . . . . . . . . . — 3,101 — 3,101
Arby’s restaurant segment:
Cash obligations:
Employee relocation costs....................... 591 120 (a) (639) 72
Total Arby’s restaurant segment . . . . . . . . . . . . . . 591 120 (639) 72
General corporate:
Cash obligations:
Severance and retention incentive compensation. . . 12,208 692 (11,938) 962
Total General corporate . . . . . . . . . . . . . . . . . . . . . . 12,208 692 (11,938) 962
$12,799 $3,913 $(12,577) $4,135
116
Wendy’s/Arby’s Group, Inc. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
(In Thousands Except Per Share Amounts)