Wendy's 2009 Annual Report Download - page 141

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of the Company’s fiscal quarters in 2009 and 2008 contained 13 weeks. 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.
March 29 (b) June 28 (b) September 27 (b) January 3, 2010 (b)
2009 Quarter Ended
Revenues. . . . . . . . . . . . . . . . . . . . . . . . $863,984 $912,687 $903,221 $900,943
Cost of sales . . . . . . . . . . . . . . . . . . . . 675,942 686,462 684,071 682,009
Operating profit (loss). . . . . . . . . . . . 13,934 56,507 56,822 (15,287)
(Loss) income from continuing
operations. . . . . . . . . . . . . . . . . . . . . (10,924) 14,892 14,266 (14,718)
Income from discontinued
operations..................... — 422 1,124
Net (loss) income . . . . . . . . . . . . . . . . (10,924) 14,892 14,688 (13,594)
Basic and diluted income (loss)
per share:
Continuing operations:
Common Stock (a) . . . . . . (.02) .03 .03 (.03)
Discontinued operations:
Common Stock (a) . . . . . .
Net (loss) income:
Common Stock (a) . . . . . . (.02) .03 .03 (.03)
March 30 (c) June 29 (c) September 28 (c) December 28 (c)
2008 Quarter Ended
Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . $302,854 $313,014 $310,371 $ 896,522
Cost of sales . . . . . . . . . . . . . . . . . . . . . . . 233,445 244,992 239,880 697,217
Operating profit (loss) . . . . . . . . . . . . . . 8,057 8,248 3,797 (433,752)
(Loss) income from continuing
operations . . . . . . . . . . . . . . . . . . . . . . . (67,471) (6,905) (13,366) (394,216)
Income from discontinued operations . 1,219 998
Net (loss) income . . . . . . . . . . . . . . . . . . (67,471) (6,905) (12,147) (393,218)
Basic and diluted income (loss) per
share:
Continuing operations:
Common Stock (a) . . . . . . . . (.73) (.07) (.14) (.84)
Class B common stock. . . . . (.73) (.07) (.14) N/A
Discontinued operations:
Common Stock (a) . . . . . . . . .01
Class B common stock. . . . . .01 N/A
Net (loss) income:
Common Stock (a) . . . . . . . . (.73) (.07) (.13) (.84)
Class B common stock. . . . . (.73) (.07) (.13) N/A
(a) Basic and diluted (loss) income per share amounts for the quarters have been calculated separately on a
consistent basis with the annual calculations. Accordingly, quarterly amounts do not add to the full year
amounts because of differences in the weighted average shares outstanding during each period.
In connection with the Wendy’s Merger, Wendy’s/Arby’s stockholders approved a charter amendment to
convert each of the then existing Triarc Class B common stock into one share of Common Stock.
Accordingly, commencing with the 2008 fourth quarter, there is no longer any (loss) income per share
attributable to the Class B common stock.
134
Wendy’s/Arby’s Group, Inc. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
(In Thousands Except Per Share Amounts)