Wendy's 2015 Annual Report Download - page 65
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THE WENDY’S COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In Thousands)
January 3,
2016
December 28,
2014
ASSETS
Current assets:
Cash and cash equivalents ............................................ $ 327,216 $ 267,112
Accounts and notes receivable ......................................... 104,854 68,211
Inventories ....................................................... 4,312 6,861
Prepaid expenses and other current assets ................................ 112,788 72,258
Deferred income tax benefit .......................................... — 73,661
Advertising funds restricted assets ...................................... 67,399 65,308
Current assets of discontinued operations ................................ — 8,691
Total current assets ............................................. 616,569 562,102
Properties ............................................................ 1,227,944 1,241,170
Goodwill ............................................................. 770,781 822,562
Other intangible assets ................................................... 1,339,587 1,351,307
Investments ........................................................... 58,369 74,054
Other assets ........................................................... 95,470 56,272
Noncurrent assets of discontinued operations ................................. — 30,132
Total assets ................................................... $4,108,720 $4,137,599
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt ..................................... $ 23,290 $ 53,202
Accounts payable ................................................... 53,681 77,309
Accrued expenses and other current liabilities ............................. 124,404 125,880
Advertising funds restricted liabilities ................................... 67,399 65,308
Current liabilities of discontinued operations ............................. — 18,525
Total current liabilities .......................................... 268,774 340,224
Long-term debt ........................................................ 2,402,823 1,384,972
Deferred income taxes ................................................... 459,713 493,843
Other liabilities ........................................................ 224,496 199,833
Noncurrent liabilities of discontinued operations .............................. — 1,151
Total liabilities ................................................ 3,355,806 2,420,023
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 ............................................ 2,874,752 2,826,965
Accumulated deficit ................................................. (356,632) (445,917)
Common stock held in treasury, at cost .................................. (1,741,425) (679,220)
Accumulated other comprehensive loss .................................. (70,823) (31,294)
Total stockholders’ equity ........................................ 752,914 1,717,576
Total liabilities and stockholders’ equity ......................... $4,108,720 $4,137,599
See accompanying notes to consolidated financial statements.
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