Wendy's 2013 Annual Report Download - page 136

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SCHEDULE I (Continued)
THE WENDY’S COMPANY (PARENT COMPANY ONLY)
CONDENSED STATEMENTS OF OPERATIONS
(In Thousands)
Year Ended
December 29,
2013
December 30,
2012
January 1,
2012
Income:
Equity in income from continuing operations of subsidiaries .......... $21,116 $29,708 $21,115
Costs and expenses:
General and administrative ................................... 10,381 10,911 10,476
Depreciation and amortization ................................ 1,272 1,975 627
Facilities action charges, net ................................... 330 5,327 1,234
Impairment of long-lived assets ................................ 1,830 1,628 —
Other (income) expense, net .................................. (23) 953 960
13,790 20,794 13,297
Income from continuing operations before income taxes ......... 7,326 8,914 7,818
Benefit from (provision for) income taxes ............................ 38,427 (3,340) 10,094
Income from continuing operations ......................... 45,753 5,574 17,912
Equity in (loss) income from discontinued operations of subsidiaries ........ (266) 1,509 (8,037)
Net income ....................................... $45,487 $ 7,083 $ 9,875
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