Wendy's 2010 Annual Report Download - page 88
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WENDY’S/ARBY’S RESTAURANTS, LLC AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INVESTED EQUITY
(In Thousands)
Accumulated Other Comprehensive
Income (Loss)
Member
Interest
Other
Capital
Accumulated
Deficit
Advances to
Wendy’s/
Arby’s
Unrealized
Gain (Loss) on
Cash
Flow Hedges
Currency
Translation
Adjustment
Unrecognized
Pension Loss Total
Balance at December 30,
2007 .................... $— $ 294,735 $(141,425) $ — $(153) $ 689 $(184) $ 153,662
Wendy’s International Inc.
merger consideration, net of
tax benefits ............... — 2,509,813 — — — — — 2,509,813
Comprehensive loss:
Net loss ............. — — (365,086) — — — — (365,086)
Change in unrealized loss
on cash flow hedges . . — — — — 153 — — 153
Foreign currency
translation
adjustment ......... — — — — — (43,002) — (43,002)
Unrecognized pension
loss ............... — — — — — — (138) (138)
Comprehensive loss . . (408,073)
Advances to Parent ....... — — — (155,000) — — — (155,000)
Capital contributions from
Parent ............... — 150,177 — — — — — 150,177
Share-based compensation
expense .............. — 8,770 — — — — — 8,770
Other ................. — (4,574) — — — — — (4,574)
Balance at December 28,
2008 .................... — 2,958,921 (506,511) (155,000) — (42,313) (322) 2,254,775
Comprehensive income:
Net income .......... — — 9,649 — — — — 9,649
Foreign currency
translation
adjustment ......... — — — — — 37,617 — 37,617
Comprehensive
income ...... — — — — — — — 47,266
Cash dividends to Parent . . — (115,000) — — — — — (115,000)
Share-based compensation
expense .............. — 13,570 — — — — — 13,570
Other ................. — (2,716) — — — — 12 (2,704)
Balance at January 3, 2010 ..... — 2,854,775 (496,862) (155,000) — (4,696) (310) 2,197,907
Comprehensive income:
Net loss ............. — — (2,638) — — — — (2,638)
Foreign currency
translation
adjustment ......... — — — — — 12,666 — 12,666
Comprehensive
income .......... — — — — — — — 10,028
Cash dividends to Parent . . — (443,700) — — — — — (443,700)
Share-based compensation
expense .............. — 12,790 — — — — — 12,790
Other ............... — (406) — — — — 11 (395)
Balance at January 2, 2011 ..... $— $2,423,459 $(499,500) $(155,000) $ — $ 7,970 $(299) $1,776,630
See accompanying notes to consolidated financial statements.
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