2017 Q1 Form 10-K Financial Statement

#000003069717000002 Filed on March 02, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2017 2016 Q1
Revenue $309.9M $1.223B $464.4M
YoY Change -33.27% -34.59% 2.8%
Cost Of Revenue $140.9M $517.9M $272.3M
YoY Change -48.27% -56.26% -10.75%
Gross Profit $169.0M $705.5M $192.0M
YoY Change -11.96% 2.81% 30.92%
Gross Profit Margin 54.55% 57.66% 41.34%
Selling, General & Admin $128.9M $296.6M $72.40M
YoY Change 78.04% -5.42% 21.27%
% of Gross Profit 76.26% 42.04% 37.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.20M $125.7M $35.00M
YoY Change -13.71% -18.24% -5.1%
% of Gross Profit 17.87% 17.82% 18.23%
Operating Expenses $108.2M $430.1M $118.3M
YoY Change -8.54% 2.04% 16.67%
Operating Profit $79.22M $214.8M $73.70M
YoY Change 7.48% -21.76% 94.4%
Interest Expense -$28.60M $118.1M $24.00M
YoY Change -219.17% 37.17% 88.34%
% of Operating Profit -36.1% 54.97% 32.56%
Other Income/Expense, Net $0.00 $1.617M $100.0K
YoY Change -100.0% 100.62% -58.16%
Pretax Income $50.60M $101.0M $140.4M
YoY Change -63.96% -56.85% 452.6%
Income Tax $21.70M -$93.01M $51.70M
% Of Pretax Income 42.89% -92.07% 36.82%
Net Earnings $28.89M $194.0M $85.90M
YoY Change -66.37% 20.41% 212.28%
Net Earnings / Revenue 9.32% 15.86% 18.5%
Basic Earnings Per Share $0.11 $0.79
Diluted Earnings Per Share $0.11 $0.77 $313.3K
COMMON SHARES
Basic Shares Outstanding 246.9M shares 244.2M shares 270.0M shares
Diluted Shares Outstanding 252.3M shares

Balance Sheet

Concept 2017 Q1 2017 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $198.2M $171.4M $327.2M
YoY Change -39.43% -13.52% 61.26%
Cash & Equivalents $198.2M $300.0K $327.2M
Short-Term Investments
Other Short-Term Assets $152.6M $115.3M $180.2M
YoY Change -15.32% -24.44% -28.29%
Inventory $2.851M $3.200M $4.312M
Prepaid Expenses
Receivables $98.80M $114.4M $104.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $452.5M $404.4M $616.6M
YoY Change -26.6% -10.63% 14.51%
LONG-TERM ASSETS
Property, Plant & Equipment $1.192B $1.263B $1.228B
YoY Change -2.9% 5.94% -4.66%
Goodwill $741.4M $770.8M
YoY Change -3.81% -5.86%
Intangibles $1.323B $1.340B
YoY Change -1.27% -0.44%
Long-Term Investments $54.55M $285.1M $55.54M
YoY Change -1.79% 400.18% -20.88%
Other Assets $49.92M $61.90M $95.47M
YoY Change -47.71% -62.33% 30.97%
Total Long-Term Assets $3.487B $3.692B $3.492B
YoY Change -0.15% 5.9% -2.87%
TOTAL ASSETS
Total Short-Term Assets $452.5M $404.4M $616.6M
Total Long-Term Assets $3.487B $3.692B $3.492B
Total Assets $3.939B $4.097B $4.109B
YoY Change -4.12% 4.0% -0.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.64M $22.80M $53.68M
YoY Change -48.52% -17.39% -25.72%
Accrued Expenses $102.0M $69.50M $124.4M
YoY Change -17.98% 1.02% 0.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $24.70M $30.20M $23.30M
YoY Change 6.01% 22.27% -59.55%
Total Short-Term Liabilities $230.1M $227.2M $268.8M
YoY Change -14.4% -1.26% -19.19%
LONG-TERM LIABILITIES
Long-Term Debt $2.488B $2.724B $2.403B
YoY Change 3.53% 9.51% 72.58%
Other Long-Term Liabilities $247.4M $273.3M $224.5M
YoY Change 10.18% 10.47% 10.09%
Total Long-Term Liabilities $247.4M $2.998B $224.5M
YoY Change 10.18% 9.6% 10.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $230.1M $227.2M $268.8M
Total Long-Term Liabilities $247.4M $2.998B $224.5M
Total Liabilities $3.412B $3.524B $3.356B
YoY Change 1.66% 3.29% 525.46%
SHAREHOLDERS EQUITY
Retained Earnings -$290.9M -$356.6M
YoY Change -18.44% -18.69%
Common Stock $47.04M $47.04M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.044B $1.741B
YoY Change 17.36% 149.36%
Treasury Stock Shares 223.9M shares 198.1M shares
Shareholders Equity $527.7M $573.2M $752.9M
YoY Change
Total Liabilities & Shareholders Equity $3.939B $4.097B $4.109B
YoY Change -4.12% 4.0% -0.61%

Cashflow Statement

Concept 2017 Q1 2017 2016 Q1
OPERATING ACTIVITIES
Net Income $28.89M $194.0M $85.90M
YoY Change -66.37% 20.41% 212.28%
Depreciation, Depletion And Amortization $30.20M $125.7M $35.00M
YoY Change -13.71% -18.24% -5.1%
Cash From Operating Activities $56.50M $238.8M $155.7M
YoY Change -63.71% -12.95% 616.19%
INVESTING ACTIVITIES
Capital Expenditures -$41.30M -$81.70M -$63.40M
YoY Change -34.86% -45.53% 3.43%
Acquisitions $86.79M
YoY Change 6944.48%
Other Investing Activities $85.90M -$10.50M $162.3M
YoY Change -47.07% -104.08% 107383.44%
Cash From Investing Activities $44.60M -$92.25M $99.00M
YoY Change -54.95% -360.73% -269.58%
FINANCING ACTIVITIES
Cash Dividend Paid $68.32M
YoY Change -4.9%
Common Stock Issuance & Retirement, Net $126.2M
YoY Change -88.51%
Debt Paid & Issued, Net $52.59M
YoY Change -96.04%
Cash From Financing Activities -189.9M -$215.8M -101.1M
YoY Change 87.83% -9.16% 347.03%
NET CHANGE
Cash From Operating Activities 56.50M $238.8M 155.7M
Cash From Investing Activities 44.60M -$92.25M 99.00M
Cash From Financing Activities -189.9M -$215.8M -101.1M
Net Change In Cash -88.80M -$63.13M 153.6M
YoY Change -157.81% -187.51% -359.21%
FREE CASH FLOW
Cash From Operating Activities $56.50M $238.8M $155.7M
Capital Expenditures -$41.30M -$81.70M -$63.40M
Free Cash Flow $97.80M $320.5M $219.1M
YoY Change -55.36% -24.47% 163.85%

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0 USD
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3150000 USD
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0 USD
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1595827000 USD
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1120638000 USD
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0 USD
CY2016 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
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0 USD
CY2017 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
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512000 USD
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714000 USD
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16486000 USD
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17661000 USD
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19552000 USD
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17097000 USD
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11400000 USD
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459713000 USD
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446513000 USD
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495505000 USD
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459713000 USD
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0.75
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122704000 USD
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159860000 USD
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0 USD
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0.33
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10640000 USD
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6550000 USD
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6124000 USD
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5177000 USD
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0.04
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153732000 USD
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0 USD
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5010000 USD
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0.50
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0.19
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0.49
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0.09
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0.18
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0.11
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0.49
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2044000 USD
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P2Y0M6D
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10357000 USD
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8380000 USD
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6520000 USD
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13896000 USD
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12451000 USD
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9363000 USD
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49613000 USD
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3082000 USD
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9363000 USD
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49613000 USD
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3082000 USD
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227249000 USD
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262801000 USD
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227733000 USD
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44977000 USD
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29770000 USD
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34826000 USD
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43237000 USD
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322053000 USD
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344523000 USD
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371545000 USD
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0 USD
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975000 USD
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335000 USD
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497000 USD
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91510000 USD
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15654000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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59258000 USD
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19397000 USD
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25301000 USD
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116424000 USD
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192540000 USD
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234128000 USD
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201690000 USD
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74009000 USD
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37756000 USD
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23825000 USD
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71931000 USD
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0 USD
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CY2017 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
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260732000 USD
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256553000 USD
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245869000 USD
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5364000 USD
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-761000 USD
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32942000 USD
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30132000 USD
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3610000 USD
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3656000 USD
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3288000 USD
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22346000 USD
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15928000 USD
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2655000 USD
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313000 USD
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18150000 USD
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24825000 USD
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8323000 USD
us-gaap Income Loss From Continuing Operations
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88681000 USD
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139979000 USD
CY2017 us-gaap Income Loss From Continuing Operations
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129624000 USD
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173143000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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208827000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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192082000 USD
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9608000 USD
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0.31
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0.05
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0.07
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0.03
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.01
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0.06
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0.00
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76116000 USD
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94149000 USD
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0.32
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.43
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.49
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0.31
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0.05
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0.07
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0.03
us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.32
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.43
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.49
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5010000 USD
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9357000 USD
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15370000 USD
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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21163000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
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5010000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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21163000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.01
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.03
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0.04
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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-0.01
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.07
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.01
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0.03
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0.04
CY2017 us-gaap Income Tax Expense Benefit
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72066000 USD
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23508000 USD
CY2017Q1 us-gaap Income Tax Receivable
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18111000 USD
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665000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6075000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-4915000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-4089000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-4389000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2278000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-67389000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-81945000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-70592000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-1985000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-4151000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-1509000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4747000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-7234000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3767000 USD
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IncomeTaxesPaidNet
15826000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
41275000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
77620000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3105000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-7787000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6635000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2763000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
52620000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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38657000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
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-35532000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-8424000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
18697000 USD
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IncreaseDecreaseInInventories
-706000 USD
CY2016 us-gaap Increase Decrease In Inventories
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62000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-34000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2976000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5409000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3276000 USD
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IncreaseDecreaseInRestrictedCash
-1750000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3634000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
14971000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
0 USD
CY2016 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
23640000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6022000 shares
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5707000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4503000 shares
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1322531000 USD
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InterestExpense
51994000 USD
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InterestExpense
86067000 USD
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InterestExpense
114802000 USD
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52357000 USD
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84326000 USD
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4312000 USD
CY2017Q1 us-gaap Inventory Net
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2851000 USD
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184000 USD
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InvestmentIncomeDividend
54911000 USD
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InvestmentIncomeDividend
0 USD
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1199000 USD
CY2016 us-gaap Investment Income Net
InvestmentIncomeNet
52214000 USD
CY2017 us-gaap Investment Income Net
InvestmentIncomeNet
723000 USD
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33004000 USD
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3355806000 USD
CY2017Q1 us-gaap Liabilities
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4108720000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
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3939314000 USD
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268774000 USD
CY2017Q1 us-gaap Liabilities Current
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230081000 USD
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2402823000 USD
CY2017Q1 us-gaap Long Term Debt And Capital Lease Obligations
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2487630000 USD
CY2016Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
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23290000 USD
CY2017Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
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24652000 USD
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1611282000 USD
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24652000 USD
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18079000 USD
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16482000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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862464000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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25318000 USD
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58369000 USD
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56981000 USD
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1227000 USD
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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35380000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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92107000 USD
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254776000 USD
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212480000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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181408000 USD
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40195000 USD
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7584000 USD
us-gaap Net Income Loss
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25363000 USD
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us-gaap Operating Income Loss
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OperatingIncomeLoss
274470000 USD
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OperatingIncomeLoss
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OperatingIncomeLoss
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106088000 USD
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7 cash_flow_hedge
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129624000 USD
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3934000 USD
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NotesIssued1
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CY2017 us-gaap Notes Issued1
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2
CY2017Q1 us-gaap Number Of Restaurants
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CY2017Q1 us-gaap Number Of States In Which Entity Operates
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OperatingIncomeLoss
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OperatingIncomeLoss
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CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable
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64562000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
64226000 USD
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OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
64144000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
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64391000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
64155000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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17745000 USD
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OperatingLeasesIncomeStatementContingentRevenue
18731000 USD
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OperatingLeasesIncomeStatementContingentRevenue
19944000 USD
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OperatingLeasesIncomeStatementLeaseRevenue
67994000 USD
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OperatingLeasesIncomeStatementLeaseRevenue
86972000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
143115000 USD
CY2014 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
50249000 USD
CY2016 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
68241000 USD
CY2017 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
123171000 USD
CY2014 us-gaap Operating Leases Rent Expense Contingent Rentals
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19967000 USD
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18270000 USD
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18291000 USD
CY2014 us-gaap Operating Leases Rent Expense Minimum Rentals
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OperatingLeasesRentExpenseMinimumRentals
77606000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
77952000 USD
CY2014 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
46743000 USD
CY2016 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
61618000 USD
CY2017 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
95072000 USD
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CY2017Q1 us-gaap Other Accrued Liabilities Current
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CY2017Q1 us-gaap Other Assets Noncurrent
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173521000 USD
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CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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-2788000 USD
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CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1774000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1767000 USD
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OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
918000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
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CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-18560000 USD
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-37800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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5864000 USD
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CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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7582000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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-391000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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202000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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56000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
160000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-125000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-34000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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915000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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1774000 USD
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247354000 USD
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11686000 USD
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4318000 USD
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747000 USD
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806000 USD
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989000 USD
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11637000 USD
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10531000 USD
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14789000 USD
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301216000 USD
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1098717000 USD
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336958000 USD
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0 USD
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43817000 USD
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1983000 USD
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75117000 USD
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71845000 USD
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63832000 USD
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53954000 USD
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PaymentsToAcquireBusinessesNetOfCashAcquired
1232000 USD
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2209000 USD
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1150000 USD
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2106000 USD
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172000 USD
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298471000 USD
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251622000 USD
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150023000 USD
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1408212000 USD
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100000000 shares
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100000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
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100000000 shares
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0 shares
CY2016Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
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69919000 USD
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
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19244000 USD
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0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
78408000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2294000000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2014 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
0 USD
CY2016 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-5687000 USD
CY2017 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
0 USD
CY2014 us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
2193000 USD
CY2016 us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
621000 USD
CY2017 us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
890000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
161386000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
204388000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
262173000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
30788000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
27952000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
19773000 USD
CY2014 us-gaap Profit Loss
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121434000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
161142000 USD
CY2017 us-gaap Profit Loss
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129624000 USD
CY2016Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1634049000 USD
CY2017Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1607805000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1241170000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1227944000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1192339000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-925000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
979000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
390000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
31903000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
38380000 USD
CY2015Q1 us-gaap Restructuring Charges
RestructuringCharges
4613000 USD
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
6279000 USD
CY2015Q3 us-gaap Restructuring Charges
RestructuringCharges
5754000 USD
us-gaap Restructuring Charges
RestructuringCharges
5264000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
21910000 USD
CY2017Q1 us-gaap Purchase Obligation
PurchaseObligation
49300000 USD
CY2017Q1 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
10400000 USD
CY2017Q1 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
10400000 USD
CY2017Q1 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
9200000 USD
CY2017Q1 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
10400000 USD
CY2016Q2 us-gaap Quantifying Misstatement In Current Year Financial Statements Amount
QuantifyingMisstatementInCurrentYearFinancialStatementsAmount
-2878000 USD
CY2017 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.065
CY2017Q1 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
8900000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1327223000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
24617000 USD
CY2016Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
42869000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
57612000 USD
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
3250000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
2487000 USD
CY2016Q4 us-gaap Restructuring Charges
RestructuringCharges
2129000 USD
CY2017Q1 us-gaap Restructuring Charges
RestructuringCharges
2217000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
10083000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-356632000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-290857000 USD
CY2014 us-gaap Revenues
Revenues
1998502000 USD
CY2015Q1 us-gaap Revenues
Revenues
451769000 USD
CY2015Q2 us-gaap Revenues
Revenues
489534000 USD
CY2015Q3 us-gaap Revenues
Revenues
464629000 USD
us-gaap Revenues
Revenues
464365000 USD
CY2016 us-gaap Revenues
Revenues
1870297000 USD
CY2016Q2 us-gaap Revenues
Revenues
378787000 USD
CY2016Q3 us-gaap Revenues
Revenues
382718000 USD
CY2016Q4 us-gaap Revenues
Revenues
364012000 USD
CY2017Q1 us-gaap Revenues
Revenues
309901000 USD
CY2017 us-gaap Revenues
Revenues
1435418000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1608455000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1438802000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
920758000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
28243000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
23231000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
18141000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
2376000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
5977000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Number Of Employees Affected
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationNumberOfEmployeesAffected
45 employees
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Number Of Employees Affected
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationNumberOfEmployeesAffected
25 employees
CY2014 us-gaap Significant Changes Franchises Sold
SignificantChangesFranchisesSold
255 Restaurant
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-3806000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-7397000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-3862000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
30775000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
23235000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18981000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1929486000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1717576000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
752914000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
527736000 USD
CY2014 us-gaap Stockholders Equity Other
StockholdersEquityOther
-188000 USD
CY2016 us-gaap Stockholders Equity Other
StockholdersEquityOther
-200000 USD
CY2017 us-gaap Stockholders Equity Other
StockholdersEquityOther
-189000 USD
CY2017Q1 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
22138000 USD
CY2016Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
19925000 USD
CY2017Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
21571000 USD
CY2016Q1 us-gaap Treasury Stock Value
TreasuryStockValue
1741425000 USD
CY2017Q1 us-gaap Treasury Stock Value
TreasuryStockValue
2043797000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
301216000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1100417000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
335258000 USD
CY2017Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
108038000 USD
CY2015Q2 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-7275000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
23897000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
25715000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
21224000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19545000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
582000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
5182000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2126000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
251000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
42000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
642000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
615000 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
-330000 USD
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
-15000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
25000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
927000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
306000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2678000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
476000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
440000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1223000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1296000 USD
CY2014 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
315000 USD
CY2016 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-1627000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
75000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
278000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
461000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
257000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
14752000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
665000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
5884000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-5697000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
376182000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
328725000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
266712000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
370160000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
323018000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
262209000 shares
CY2016Q1 wen Accounts Notes Loans And Financing Receivable Gross Current
AccountsNotesLoansAndFinancingReceivableGrossCurrent
108342000 USD
CY2017Q1 wen Accounts Notes Loans And Financing Receivable Gross Current
AccountsNotesLoansAndFinancingReceivableGrossCurrent
102855000 USD
CY2017Q1 wen Accrued Health Insurance
AccruedHealthInsurance
3265000 USD
CY2017Q1 wen Accrued Risk Insurance
AccruedRiskInsurance
32774000 USD
CY2016Q1 wen Advertising Funds Restricted Assets
AdvertisingFundsRestrictedAssets
67399000 USD
CY2017Q1 wen Advertising Funds Restricted Assets
AdvertisingFundsRestrictedAssets
75760000 USD
CY2016Q1 wen Advertising Funds Restricted Liabilities
AdvertisingFundsRestrictedLiabilities
67399000 USD
CY2017Q1 wen Advertising Funds Restricted Liabilities
AdvertisingFundsRestrictedLiabilities
75760000 USD
CY2014 wen Allowancefor Doubtful Accounts Receivable Writeoffs Netof Recoveries
AllowanceforDoubtfulAccountsReceivableWriteoffsNetofRecoveries
52000 USD
CY2016 wen Allowancefor Doubtful Accounts Receivable Writeoffs Netof Recoveries
AllowanceforDoubtfulAccountsReceivableWriteoffsNetofRecoveries
-177000 USD
CY2017 wen Allowancefor Doubtful Accounts Receivable Writeoffs Netof Recoveries
AllowanceforDoubtfulAccountsReceivableWriteoffsNetofRecoveries
79000 USD
CY2017Q1 wen Cash Equivalents Insurance From Securities Investor Protection Corporation Maximum Per Account
CashEquivalentsInsuranceFromSecuritiesInvestorProtectionCorporationMaximumPerAccount
500000 USD
CY2014 wen Cashand Cash Equivalents Period Increase Decreaseincluding Discontinued Operation
CashandCashEquivalentsPeriodIncreaseDecreaseincludingDiscontinuedOperation
-312876000 USD
CY2016 wen Cashand Cash Equivalents Period Increase Decreaseincluding Discontinued Operation
CashandCashEquivalentsPeriodIncreaseDecreaseincludingDiscontinuedOperation
59940000 USD
CY2017 wen Cashand Cash Equivalents Period Increase Decreaseincluding Discontinued Operation
CashandCashEquivalentsPeriodIncreaseDecreaseincludingDiscontinuedOperation
-128976000 USD
CY2017Q1 wen Deferred Tax Asset Not Recognized Amountof Unrecognized Deferred Tax Asset Compensationand Benefits
DeferredTaxAssetNotRecognizedAmountofUnrecognizedDeferredTaxAssetCompensationandBenefits
63938000 USD
CY2016Q1 wen Deferred Tax Assets Net Operating Lossand Tax Credit Carryforwards
DeferredTaxAssetsNetOperatingLossandTaxCreditCarryforwards
51782000 USD
CY2017Q1 wen Deferred Tax Assets Net Operating Lossand Tax Credit Carryforwards
DeferredTaxAssetsNetOperatingLossandTaxCreditCarryforwards
44733000 USD
CY2016Q1 wen Deferred Tax Assets Unfavorable Leases
DeferredTaxAssetsUnfavorableLeases
40084000 USD
CY2017Q1 wen Deferred Tax Assets Unfavorable Leases
DeferredTaxAssetsUnfavorableLeases
50771000 USD
CY2014 wen Effective Income Tax Rate Reconciliation Nondeductible Goodwill
EffectiveIncomeTaxRateReconciliationNondeductibleGoodwill
9389000 USD
CY2016 wen Effective Income Tax Rate Reconciliation Nondeductible Goodwill
EffectiveIncomeTaxRateReconciliationNondeductibleGoodwill
7435000 USD
CY2017 wen Effective Income Tax Rate Reconciliation Nondeductible Goodwill
EffectiveIncomeTaxRateReconciliationNondeductibleGoodwill
6409000 USD
CY2014 wen Equity In Earnings For Period Net Of Amortization Of Purchase Price Adjustments
EquityInEarningsForPeriodNetOfAmortizationOfPurchasePriceAdjustments
10176000 USD
CY2016 wen Equity In Earnings For Period Net Of Amortization Of Purchase Price Adjustments
EquityInEarningsForPeriodNetOfAmortizationOfPurchasePriceAdjustments
9205000 USD
CY2017 wen Equity In Earnings For Period Net Of Amortization Of Purchase Price Adjustments
EquityInEarningsForPeriodNetOfAmortizationOfPurchasePriceAdjustments
8351000 USD
CY2014Q4 wen Equity Method Investment Purchase Price Adjustment Amortization Period
EquityMethodInvestmentPurchasePriceAdjustmentAmortizationPeriod
21 years
CY2016Q1 wen Equity Method Investment Purchase Price Adjustment Amortization Period
EquityMethodInvestmentPurchasePriceAdjustmentAmortizationPeriod
21 years
CY2017Q1 wen Equity Method Investment Purchase Price Adjustment Amortization Period
EquityMethodInvestmentPurchasePriceAdjustmentAmortizationPeriod
21 Y
CY2014 wen Excess Tax Benefitfrom Sharebased Compensation Recognized
ExcessTaxBenefitfromSharebasedCompensationRecognized
9363000 USD
CY2016 wen Excess Tax Benefitfrom Sharebased Compensation Recognized
ExcessTaxBenefitfromSharebasedCompensationRecognized
49613000 USD
CY2017 wen Excess Tax Benefitfrom Sharebased Compensation Recognized
ExcessTaxBenefitfromSharebasedCompensationRecognized
3082000 USD
CY2017Q1 wen Exerciseof Stock Optionsand Vestingof Restricted Awards Aggregate Deductions
ExerciseofStockOptionsandVestingofRestrictedAwardsAggregateDeductions
175376000 USD
CY2014 wen Franchise Rental Expense
FranchiseRentalExpense
37845000 USD
CY2016 wen Franchise Rental Expense
FranchiseRentalExpense
47779000 USD
CY2017 wen Franchise Rental Expense
FranchiseRentalExpense
67760000 USD
CY2014 wen Franchiserentalincome
Franchiserentalincome
67994000 USD
CY2016 wen Franchiserentalincome
Franchiserentalincome
86972000 USD
CY2017 wen Franchiserentalincome
Franchiserentalincome
143115000 USD
CY2015Q1 wen Futurecompanyownedrestaurantownershippercentage
Futurecompanyownedrestaurantownershippercentage
0.05
CY2014 wen Gain Losson Saleof Property Plantand Equipmentincluding Discontinued Operations
GainLossonSaleofPropertyPlantandEquipmentincludingDiscontinuedOperations
91579000 USD
CY2016 wen Gain Losson Saleof Property Plantand Equipmentincluding Discontinued Operations
GainLossonSaleofPropertyPlantandEquipmentincludingDiscontinuedOperations
74041000 USD
CY2017 wen Gain Losson Saleof Property Plantand Equipmentincluding Discontinued Operations
GainLossonSaleofPropertyPlantandEquipmentincludingDiscontinuedOperations
71931000 USD
CY2016 wen Goodwillacquiredduringperiod Netofpostclosingadjustments
GoodwillacquiredduringperiodNetofpostclosingadjustments
-1408000 USD
CY2017 wen Goodwillacquiredduringperiod Netofpostclosingadjustments
GoodwillacquiredduringperiodNetofpostclosingadjustments
0 USD
CY2014 wen Increasedecreaseinnotesreceivablenetforinvestingactivities
Increasedecreaseinnotesreceivablenetforinvestingactivities
-434000 USD
CY2016 wen Increasedecreaseinnotesreceivablenetforinvestingactivities
Increasedecreaseinnotesreceivablenetforinvestingactivities
-3289000 USD
CY2017 wen Increasedecreaseinnotesreceivablenetforinvestingactivities
Increasedecreaseinnotesreceivablenetforinvestingactivities
3581000 USD
CY2016Q1 wen Indefinite Lived And Finite Lived Intangible Assets Gross
IndefiniteLivedAndFiniteLivedIntangibleAssetsGross
1566836000 USD
CY2017Q1 wen Indefinite Lived And Finite Lived Intangible Assets Gross
IndefiniteLivedAndFiniteLivedIntangibleAssetsGross
1585332000 USD
CY2015Q3 wen Initial Shares Delivered Under Asr Agreement Percentage
InitialSharesDeliveredUnderASRAgreementPercentage
0.85
CY2016Q4 wen Initial Shares Delivered Under Asr Agreement Percentage
InitialSharesDeliveredUnderASRAgreementPercentage
0.85
CY2014 wen Net Receiptof Deferred Vendor Incentives
NetReceiptofDeferredVendorIncentives
4063000 USD
CY2016 wen Net Receiptof Deferred Vendor Incentives
NetReceiptofDeferredVendorIncentives
-2559000 USD
CY2017 wen Net Receiptof Deferred Vendor Incentives
NetReceiptofDeferredVendorIncentives
959000 USD
CY2014 wen Noncash Rent Expense Income
NoncashRentExpenseIncome
1951000 USD
CY2016 wen Noncash Rent Expense Income
NoncashRentExpenseIncome
3364000 USD
CY2017 wen Noncash Rent Expense Income
NoncashRentExpenseIncome
-7543000 USD
CY2017 wen Number Of Advertising Funds
NumberOfAdvertisingFunds
2 funds
CY2017 wen Number Of Customers Accounting For More Than10 Of Revenues
NumberOfCustomersAccountingForMoreThan10OfRevenues
0 customers
CY2017Q1 wen Number Of Main In Line Distributors
NumberOfMainInLineDistributors
1 distributors
CY2017Q1 wen Numberof Additional Inline Distributors
NumberofAdditionalInlineDistributors
4 distributors
CY2017 wen Numberof Civil Complaints
NumberofCivilComplaints
4 Civil_complaints
CY2016Q3 wen Numberof Plaintiffsina Civil Complaint
NumberofPlaintiffsinaCivilComplaint
5 Plaintiff
CY2016Q3 wen Numberof Plaintiffsina Civil Complaint
NumberofPlaintiffsinaCivilComplaint
6 Plaintiff
CY2016Q3 wen Numberof Plaintiffsina Civil Complaint Financial Institutions
NumberofPlaintiffsinaCivilComplaintFinancialInstitutions
22 Plaintiff
CY2016Q3 wen Numberof Subsidiariesas Defendantsina Civil Complaint
NumberofSubsidiariesasDefendantsinaCivilComplaint
2 Defendants
CY2014 wen Operating Lease Rent Expense Before Sublease Rentals
OperatingLeaseRentExpenseBeforeSubleaseRentals
96145000 USD
CY2016 wen Operating Lease Rent Expense Before Sublease Rentals
OperatingLeaseRentExpenseBeforeSubleaseRentals
95876000 USD
CY2017 wen Operating Lease Rent Expense Before Sublease Rentals
OperatingLeaseRentExpenseBeforeSubleaseRentals
96243000 USD
CY2014 wen Operatingactivitiesfromlongtermdebtnet
Operatingactivitiesfromlongtermdebtnet
3625000 USD
CY2016 wen Operatingactivitiesfromlongtermdebtnet
Operatingactivitiesfromlongtermdebtnet
8075000 USD
CY2017 wen Operatingactivitiesfromlongtermdebtnet
Operatingactivitiesfromlongtermdebtnet
11767000 USD
CY2014 wen Other Investment Income Expense
OtherInvestmentIncomeExpense
40000 USD
CY2016 wen Other Investment Income Expense
OtherInvestmentIncomeExpense
118000 USD
CY2017 wen Other Investment Income Expense
OtherInvestmentIncomeExpense
226000 USD
CY2017Q1 wen Owned Properties Future Minimum Payments Receivable
OwnedPropertiesFutureMinimumPaymentsReceivable
1267625000 USD
CY2017Q1 wen Owned Properties Future Minimum Payments Receivable Current
OwnedPropertiesFutureMinimumPaymentsReceivableCurrent
52840000 USD
CY2017Q1 wen Owned Properties Future Minimum Payments Receivable In Five Years
OwnedPropertiesFutureMinimumPaymentsReceivableInFiveYears
56362000 USD
CY2017Q1 wen Owned Properties Future Minimum Payments Receivable In Four Years
OwnedPropertiesFutureMinimumPaymentsReceivableInFourYears
54573000 USD
CY2017Q1 wen Owned Properties Future Minimum Payments Receivable In Three Years
OwnedPropertiesFutureMinimumPaymentsReceivableInThreeYears
53980000 USD
CY2017Q1 wen Owned Properties Future Minimum Payments Receivable In Two Years
OwnedPropertiesFutureMinimumPaymentsReceivableInTwoYears
53013000 USD
CY2017Q1 wen Owned Properties Future Minimum Payments Receivable Thereafter
OwnedPropertiesFutureMinimumPaymentsReceivableThereafter
996857000 USD
CY2014 wen Paymentsforterminationofcashflowhedge Operating
PaymentsforterminationofcashflowhedgeOperating
0 USD
CY2016 wen Paymentsforterminationofcashflowhedge Operating
PaymentsforterminationofcashflowhedgeOperating
7337000 USD
CY2017 wen Paymentsforterminationofcashflowhedge Operating
PaymentsforterminationofcashflowhedgeOperating
0 USD
CY2015Q2 wen Percentageof Outstanding Shares Ownedbythe Trian Group
PercentageofOutstandingSharesOwnedbytheTrianGroup
0.248
CY2014 wen Purchase Obligation Purchase During Period
PurchaseObligationPurchaseDuringPeriod
13918000 USD
CY2016 wen Purchase Obligation Purchase During Period
PurchaseObligationPurchaseDuringPeriod
15720000 USD
CY2017 wen Purchase Obligation Purchase During Period
PurchaseObligationPurchaseDuringPeriod
12839000 USD
wen Quantifying Misstatementin Current Year Financial Statements Federal Amount
QuantifyingMisstatementinCurrentYearFinancialStatementsFederalAmount
-3837000 USD
wen Quantifying Misstatementin Current Year Financial Statements State Amount
QuantifyingMisstatementinCurrentYearFinancialStatementsStateAmount
-398000 USD
CY2014 wen Realizedlossesonderivativesoperating
Realizedlossesonderivativesoperating
0 USD
CY2016 wen Realizedlossesonderivativesoperating
Realizedlossesonderivativesoperating
1487000 USD
CY2017 wen Realizedlossesonderivativesoperating
Realizedlossesonderivativesoperating
2894000 USD
CY2017 wen Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Dividend Equivalent Units Issuedin Period Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsDividendEquivalentUnitsIssuedinPeriodWeightedAverageGrantDateFairValue
0.00
CY2015Q1 wen Significant Changes Planned Franchisesto Sell
SignificantChangesPlannedFranchisestoSell
540 Restaurant
CY2017 wen Unrecognizedtaxbenefitsdecreaseresultingfrom S Oinitiative
UnrecognizedtaxbenefitsdecreaseresultingfromSOinitiative
1822000 USD
CY2017 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Advertising Costs</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company incurs various advertising costs, including contributions to certain advertising cooperatives based upon a percentage of net sales by Company-operated restaurants. All advertising costs are expensed as incurred, with the exception of media development costs that are expensed beginning in the month that the advertisement is first communicated, and are included in &#8220;Cost of sales.&#8221;</font></div></div>
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal reporting periods consist of 52 or 53 weeks ending on the Sunday closest to December 31 and are referred to herein as (1) &#8220;the year ended </font><font style="font-family:inherit;font-size:10pt;">January&#160;1, 2017</font><font style="font-family:inherit;font-size:10pt;">&#8221; or &#8220;</font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">,&#8221; which consisted of 52 weeks, (2) &#8220;the year ended </font><font style="font-family:inherit;font-size:10pt;">January&#160;3, 2016</font><font style="font-family:inherit;font-size:10pt;">&#8221; or &#8220;</font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">,&#8221; which consisted of 53 weeks, and (3) &#8220;the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;">&#8221; or &#8220;</font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">,&#8221; which consisted of 52 weeks.</font></div></div>
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to prior year presentation to conform to the current year presentation. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has changed the presentation of franchise revenues to separately present &#8220;Franchise rental income&#8221; and &#8220;Franchise royalty revenue and fees&#8221; in our consolidated statements of operations. These reclassifications are due to the growth in rental income and royalty revenue received from franchisees primarily driven by the Company&#8217;s system optimization initiative (see </font><font style="font-family:inherit;font-size:10pt;">Note 2</font><font style="font-family:inherit;font-size:10pt;"> for additional information on our system optimization initiative). Also, the Company has separately presented the related &#8220;Franchise rental expense&#8221; for properties that are leased or subleased to franchisees, which was previously recorded to &#8220;Other operating expense, net.&#8221; The Company believes this new presentation will aid users in understanding its results of operations. The prior periods reflect the reclassifications of these revenues and expenses to conform to the current year presentation. There was no impact to total revenues, operating profit, income from continuing operations before income taxes or net income as a result of these reclassifications.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2017 us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Restaurant Dispositions</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the sale of Company-operated restaurants to franchisees, the Company typically enters into several agreements, in addition to an asset purchase agreement, with franchisees including franchise, development, relationship and lease agreements. See &#8220;Franchised Restaurants&#8221; in Item 1 herein, for further information regarding these agreements. The Company typically sells restaurants&#8217; cash, inventory and equipment and retains ownership or the leasehold interest to the real estate to lease and/or sublease to the franchisee. The Company has determined that its restaurant dispositions usually represent multiple-element arrangements, and as such, the cash consideration received is allocated to the separate elements based on their relative selling price. Cash consideration generally includes up-front consideration for the sale of the restaurants, technical assistance fees and development fees and future cash consideration for royalties and lease payments. The Company considers the future lease payments in allocating the initial cash consideration received. The Company obtains third-party evidence to estimate the relative selling price of the stated rent under the lease and/or sublease agreements which is primarily based upon comparable market rents. Based on the Company&#8217;s review of the third-party evidence, the Company records favorable or unfavorable lease assets/liabilities with a corresponding offset to the gain or loss on the sale of the restaurants. The cash consideration per restaurant for technical assistance fees and development fees is consistent with the amounts stated in the related franchise agreements which are charged for separate standalone arrangements. Therefore, the Company recognizes the technical assistance and development fees when earned. Future royalty income is also recognized in revenue as earned. See &#8220;Revenue Recognition&#8221; below for further information.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</font></div></div>

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