Wendy's 2010 Annual Report Download - page 107
Download and view the complete annual report
Please find page 107 of the 2010 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
 |
 |
WENDY’S/ARBY’S GROUP, INC. AND SUBSIDIARIES
WENDY’S/ARBY’S RESTAURANTS, LLC AND SUBSIDIARIES
COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
(In Thousands Except Per Share Amounts)
Year End 2009
Wendy’s/Arby’s
Restaurants Corporate Wendy’s/Arby’s
Owned:
Land ...................................... $ 467,249 $ — $ 467,249
Buildings and improvements .................... 411,671 — 411,671
Office, restaurant and transportation equipment ..... 411,391 24,433 435,824
Leasehold improvements ....................... 402,755 3,499 406,254
Leased (a):
Capitalized leases ............................. 110,363 — 110,363
Sale-leaseback assets ........................... 134,648 — 134,648
1,938,077 27,932 1,966,009
Accumulated depreciation and amortization ............ (330,219) (16,542) (346,761)
$1,607,858 $ 11,390 $1,619,248
(a) These assets principally include buildings and improvements.
(9) Goodwill and Other Intangible Assets
The following is a summary of the components of goodwill for each business segment:
2010 2009
Arby’s
Restaurant
Segment
Wendy’s
Restaurant
Segment Total
Arby’s
Restaurant
Segment
Wendy’s
Restaurant
Segment Total
Balance at beginning of year:
Goodwill .................. $499,692 $868,679 $1,368,371 $ 499,692 $841,435 $1,341,127
Accumulated impairment
losses ................... (482,075) — (482,075) (482,075) — (482,075)
Total Wendy’s/Arby’s
Restaurants goodwill ....... 17,617 868,679 886,296 17,617 841,435 859,052
Corporate goodwill-related
deferred tax adjustment ..... — (5,277) (5,277) — (5,277) (5,277)
Total Wendy’s/Arby’s
goodwill ............. 17,617 863,402 881,019 17,617 836,158 853,775
Changes in goodwill:
Wendy’s Merger ............. — — — — 18,195 18,195
Currency translation
adjustment ............... — 2,625 2,625 — 9,049 9,049
Balance at end of year:
Goodwill .................. 499,692 871,304 1,370,996 499,692 868,679 1,368,371
Accumulated impairment
losses ................... (482,075) — (482,075) (482,075) — (482,075)
Total Wendy’s/Arby’s
Restaurants goodwill . . . 17,617 871,304 888,921 17,617 868,679 886,296
Corporate goodwill-related
deferred tax adjustment ..... — (5,277) (5,277) — (5,277) (5,277)
Total Wendy’s/Arby’s
goodwill ............. $ 17,617 $866,027 $ 883,644 $ 17,617 $863,402 $ 881,019
101