Wendy's 2014 Annual Report Download - page 63
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THE WENDY’S COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In Thousands)
December 28,
2014
December 29,
2013
ASSETS
Current assets:
Cash and cash equivalents ............................................. $ 267,276 $ 580,152
Accounts and notes receivable .......................................... 73,358 62,885
Inventories ........................................................ 8,807 10,226
Prepaid expenses and other current assets ................................. 73,692 81,759
Deferred income tax benefit ........................................... 73,661 120,206
Advertising funds restricted assets ....................................... 65,308 67,183
Total current assets .............................................. 562,102 922,411
Properties ............................................................. 1,271,238 1,165,487
Goodwill ............................................................. 822,562 842,544
Other intangible assets ................................................... 1,351,365 1,305,780
Investments ........................................................... 74,054 83,197
Other assets ........................................................... 64,521 43,621
Total assets .................................................... $4,145,842 $4,363,040
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt ...................................... $ 53,777 $ 38,543
Accounts payable ................................................... 80,463 83,700
Accrued expenses and other current liabilities .............................. 140,676 160,100
Advertising funds restricted liabilities .................................... 65,308 67,183
Total current liabilities ........................................... 340,224 349,526
Long-term debt ........................................................ 1,394,366 1,425,285
Deferred income taxes ................................................... 493,843 482,499
Other liabilities ......................................................... 199,833 176,244
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.10 par value; 1,500,000 shares authorized; 470,424 shares
issued .......................................................... 47,042 47,042
Additional paid-in capital ............................................. 2,826,965 2,794,445
Accumulated deficit ................................................. (445,917) (492,215)
Common stock held in treasury, at cost .................................. (679,220) (409,449)
Accumulated other comprehensive loss ................................... (31,294) (10,337)
Total stockholders’ equity ......................................... 1,717,576 1,929,486
Total liabilities and stockholders’ equity .......................... $4,145,842 $4,363,040
See accompanying notes to consolidated financial statements.
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