2018 Q4 Form 10-K Financial Statement

#000003069720000002 Filed on February 26, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $397.8M $400.6M $380.6M
YoY Change 28.64% 25.04% 33.15%
Cost Of Revenue $138.9M $139.3M $132.2M
YoY Change 7.5% 6.71% 6.16%
Gross Profit $259.0M $261.2M $248.3M
YoY Change 43.81% 37.65% 53.99%
Gross Profit Margin 65.09% 65.21% 65.26%
Selling, General & Admin $169.6M $158.0M $152.5M
YoY Change 120.26% 115.85% 113.88%
% of Gross Profit 65.49% 60.49% 61.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.30M $33.40M $32.15M
YoY Change 9.94% 6.71% 10.24%
% of Gross Profit 13.25% 12.79% 12.95%
Operating Expenses $204.3M $191.5M $185.3M
YoY Change 82.09% 77.31% 77.83%
Operating Profit $45.80M $77.35M $55.26M
YoY Change -31.22% 199.87% -8.99%
Interest Expense -$27.10M $29.63M $30.18M
YoY Change -190.4% 2.38% 4.15%
% of Operating Profit -59.17% 38.3% 54.61%
Other Income/Expense, Net $3.000M $1.061M $744.0K
YoY Change 487.08% -62.69% 91.26%
Pretax Income $19.40M $498.9M $14.35M
YoY Change -38.52% -168085.52% -55.33%
Income Tax $400.0K $107.7M -$5.806M
% Of Pretax Income 2.06% 21.58% -40.45%
Net Earnings $18.83M $391.2M $20.16M
YoY Change -88.18% -21305.91% -9.77%
Net Earnings / Revenue 4.73% 97.68% 5.3%
Basic Earnings Per Share $0.08 $1.65 $0.08
Diluted Earnings Per Share $0.08 $1.60 $0.08
COMMON SHARES
Basic Shares Outstanding 236.8M shares 237.7M shares 239.9M shares
Diluted Shares Outstanding 244.8M shares 248.4M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $431.4M $194.9M $187.7M
YoY Change 131.19% -4.69% -2.85%
Cash & Equivalents $431.4M $634.8M $187.7M
Short-Term Investments
Other Short-Term Assets $120.9M $140.1M $141.7M
YoY Change 4.22% 10.49% -6.9%
Inventory $3.687M $3.335M $3.149M
Prepaid Expenses
Receivables $109.8M $95.10M $109.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $665.7M $856.1M $442.4M
YoY Change 64.64% 94.16% 0.89%
LONG-TERM ASSETS
Property, Plant & Equipment $1.023B $1.224B $1.245B
YoY Change -3.73% -2.45% 4.61%
Goodwill $747.9M $749.2M $742.6M
YoY Change 0.61% 0.91% 0.12%
Intangibles $1.294B $1.304B $1.311B
YoY Change -2.08% -2.61% -0.25%
Long-Term Investments $47.02M $281.0M $283.3M
YoY Change -15.07% 4.04% 397.02%
Other Assets $96.91M $95.75M $85.01M
YoY Change 21.87% 54.77% -59.54%
Total Long-Term Assets $3.626B $3.651B $3.667B
YoY Change -1.79% -0.45% 4.37%
TOTAL ASSETS
Total Short-Term Assets $665.7M $856.1M $442.4M
Total Long-Term Assets $3.626B $3.651B $3.667B
Total Assets $4.292B $4.507B $4.110B
YoY Change 4.76% 9.71% 3.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.74M $24.06M $19.32M
YoY Change -4.49% 0.41% -11.61%
Accrued Expenses $150.6M $120.2M $99.31M
YoY Change 34.95% 3.31% 14.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $23.25M $31.10M $30.80M
YoY Change -20.92% 7.24% 23.69%
Total Short-Term Liabilities $284.2M $339.1M $250.1M
YoY Change 25.1% 47.74% 19.89%
LONG-TERM LIABILITIES
Long-Term Debt $2.306B $2.772B $2.777B
YoY Change -14.5% 2.66% 9.87%
Other Long-Term Liabilities $245.2M $257.4M $259.7M
YoY Change -6.55% -7.02% 5.15%
Total Long-Term Liabilities $2.551B $257.4M $259.7M
YoY Change 872.06% -7.02% 5.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $284.2M $339.1M $250.1M
Total Long-Term Liabilities $2.551B $257.4M $259.7M
Total Liabilities $3.644B $3.724B $3.647B
YoY Change 3.4% 2.83% 6.4%
SHAREHOLDERS EQUITY
Retained Earnings $146.3M $147.0M -$233.7M
YoY Change -189.58% -148.52% -17.69%
Common Stock $47.04M $47.04M $47.04M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.368B $2.243B $2.177B
YoY Change 10.12% 7.56% 5.99%
Treasury Stock Shares 239.2M shares 232.1M shares 230.2M shares
Shareholders Equity $648.4M $430.5M $463.0M
YoY Change
Total Liabilities & Shareholders Equity $4.292B $4.507B $4.110B
YoY Change 4.76% 9.71% 3.99%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $18.83M $391.2M $20.16M
YoY Change -88.18% -21305.91% -9.77%
Depreciation, Depletion And Amortization $34.30M $33.40M $32.15M
YoY Change 9.94% 6.71% 10.24%
Cash From Operating Activities -$5.500M $79.70M $68.71M
YoY Change -110.09% 18.78% 63.13%
INVESTING ACTIVITIES
Capital Expenditures -$30.20M -$13.30M -$10.60M
YoY Change 39.81% -23.12% -28.38%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.600M $1.800M -$500.0K
YoY Change 1500.0% -110.91% -105.95%
Cash From Investing Activities -$28.50M -$11.50M -$11.10M
YoY Change 32.56% -65.98% -25.85%
FINANCING ACTIVITIES
Cash Dividend Paid $20.36M
YoY Change 17.84%
Common Stock Issuance & Retirement, Net $39.37M
YoY Change 145.68%
Debt Paid & Issued, Net $870.4M
YoY Change 8057.39%
Cash From Financing Activities -154.8M -69.60M -$25.68M
YoY Change 146.5% 23.84% -32.37%
NET CHANGE
Cash From Operating Activities -5.500M 79.70M $68.71M
Cash From Investing Activities -28.50M -11.50M -$11.10M
Cash From Financing Activities -154.8M -69.60M -$25.68M
Net Change In Cash -188.8M -1.400M $29.44M
YoY Change 533.56% -93.89% -393.15%
FREE CASH FLOW
Cash From Operating Activities -$5.500M $79.70M $68.71M
Capital Expenditures -$30.20M -$13.30M -$10.60M
Free Cash Flow $24.70M $93.00M $79.31M
YoY Change -67.54% 10.19% 39.34%

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450000000 USD
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IncreaseDecreaseInAccountsPayable
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CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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281377000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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3489000 USD
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6125000 USD
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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273688000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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486512000 USD
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212824000 USD
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275949000 USD
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358707000 USD
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486512000 USD
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1237000 USD
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5549000 USD
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5943000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7944000 USD
CY2019 wen Realizedlossesonderivativesoperating
Realizedlossesonderivativesoperating
0 USD
CY2019Q4 wen Indefinite Lived And Finite Lived Intangible Assets Gross
IndefiniteLivedAndFiniteLivedIntangibleAssetsGross
1609761000 USD
CY2018 wen Realizedlossesonderivativesoperating
Realizedlossesonderivativesoperating
0 USD
CY2017 wen Realizedlossesonderivativesoperating
Realizedlossesonderivativesoperating
2894000 USD
CY2019 wen Operatingactivitiesfromlongtermdebtnet
Operatingactivitiesfromlongtermdebtnet
15317000 USD
CY2018 wen Operatingactivitiesfromlongtermdebtnet
Operatingactivitiesfromlongtermdebtnet
18673000 USD
CY2017 wen Operatingactivitiesfromlongtermdebtnet
Operatingactivitiesfromlongtermdebtnet
12075000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
138270000 USD
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
23926000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
118000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
137607000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
128989000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
34798000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
199000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
20811000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
33064000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
102827000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
29311000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6026000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6460000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5810000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
50061000 USD
CY2018 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
6569000 USD
CY2017 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
276971000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
300195000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
431405000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
171447000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
34539000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
29860000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
32633000 USD
CY2019Q4 wen Restrictedcashincludedinadvertisingfundsrestrictedassets
Restrictedcashincludedinadvertisingfundsrestrictedassets
23973000 USD
CY2018Q4 wen Restrictedcashincludedinadvertisingfundsrestrictedassets
Restrictedcashincludedinadvertisingfundsrestrictedassets
25247000 USD
CY2017Q4 wen Restrictedcashincludedinadvertisingfundsrestrictedassets
Restrictedcashincludedinadvertisingfundsrestrictedassets
8579000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 USD
CY2018Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 USD
CY2017Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
165000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
358707000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
486512000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
212824000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
574916000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114801000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
460115000 USD
CY2018 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
9641000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
460115000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6568000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
5178000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4704000 USD
CY2018 wen Increasedecreaseinadvertisingfundsrestrictedassetsandliabilities
Increasedecreaseinadvertisingfundsrestrictedassetsandliabilities
13955000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
23963000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span 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.</span></div>
CY2019 us-gaap Fiscal Period
FiscalPeriod
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company’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) “the year ended </span><span style="font-family:inherit;font-size:10pt;">December 29, 2019</span><span style="font-family:inherit;font-size:10pt;">” or “</span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;">,” (2) “the year ended </span><span style="font-family:inherit;font-size:10pt;">December 30, 2018</span><span style="font-family:inherit;font-size:10pt;">” or “</span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">” and (3) “the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2017</span><span style="font-family:inherit;font-size:10pt;">” or “</span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">,” all of which consisted of 52 weeks.</span></div>
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain balance sheet reclassifications have been made to the prior year presentation to conform to the current year presentation. See “New Accounting Standards Adopted” below for further information.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q4 wen Cash Equivalents Insurance From Securities Investor Protection Corporation Maximum Per Account
CashEquivalentsInsuranceFromSecuritiesInvestorProtectionCorporationMaximumPerAccount
500000 USD
CY2019 wen Franchiseagreementterm
Franchiseagreementterm
P20Y
CY2019 wen Franchiseagreementrenewalterm
Franchiseagreementrenewalterm
P10Y
CY2019 wen Franchiseagreementextensionterm
Franchiseagreementextensionterm
P25Y
CY2019 wen Franchiseagreementrenewaltermextension
Franchiseagreementrenewaltermextension
P20Y
CY2019 wen Franchiseagreementterm
Franchiseagreementterm
P20Y
CY2019 wen Franchiseagreementrenewalterm
Franchiseagreementrenewalterm
P10Y
CY2019 us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span 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. The Company typically sells restaurants’ 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’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. The Company recognizes the technical assistance and development fees over the contractual term of the franchise agreements. Future royalty income is also recognized in revenue as earned. See “</span><span style="font-style:normal;font-weight:normal;">Revenue Recognition</span><span style="font-family:inherit;font-size:10pt;">” below for further information.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
233065000 USD
CY2019 us-gaap Revenues
Revenues
1709002000 USD
CY2018 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
203297000 USD
CY2018 us-gaap Revenues
Revenues
1589936000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
190103000 USD
CY2017 us-gaap Revenues
Revenues
1223408000 USD
CY2019 wen Number Of Customers Accounting For More Than10 Of Revenues
NumberOfCustomersAccountingForMoreThan10OfRevenues
0 customers
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1023267000 USD
CY2018Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
189969000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
23250000 USD
CY2018Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
8405000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2305552000 USD
CY2018Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
447231000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
894501000 USD
CY2018 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
5571000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
52593000 USD
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
5520000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
150636000 USD
CY2018Q4 wen Advertising Funds Restricted Liabilities
AdvertisingFundsRestrictedLiabilities
80153000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
284185000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
269160000 USD
CY2018Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
92232000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
3643586000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
146277000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-61673000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
648449000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
68506000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
100689000 USD
CY2017Q1 wen Companyoperatedrestaurantownershippercentage
Companyoperatedrestaurantownershippercentage
0.05
CY2017Q1 wen Companyoperatedrestaurantownershippercentage
Companyoperatedrestaurantownershippercentage
0.05
CY2018 us-gaap Revenues
Revenues
1589936000 USD
CY2018 wen Advertisingfundsexpense
Advertisingfundsexpense
321866000 USD
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
1340044000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
249892000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1283000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
463000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-39076000 USD
CY2019Q4 wen Receivablesforfranchiseroyaltiesandfeesandsales
Receivablesforfranchiseroyaltiesandfeesandsales
39188000 USD
CY2018Q4 wen Receivablesforfranchiseroyaltiesandfeesandsales
Receivablesforfranchiseroyaltiesandfeesandsales
40300000 USD
CY2019Q4 wen Restricted Accounts And Notes Receivable
RestrictedAccountsAndNotesReceivable
54394000 USD
CY2018Q4 wen Restricted Accounts And Notes Receivable
RestrictedAccountsAndNotesReceivable
47332000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
100689000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
102205000 USD
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
8899000 USD
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
91790000 USD
CY2018Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
9973000 USD
CY2018Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
92232000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
102205000 USD
CY2017Q4 us-gaap Deferred Revenue
DeferredRevenue
102492000 USD
CY2019 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
9487000 USD
CY2018 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
9641000 USD
CY2019 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
7971000 USD
CY2018 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
9354000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
100689000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
102205000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8899000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6147000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5898000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
16965000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
9068000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
22574000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
229944000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237797000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
244179000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5131000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7166000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8110000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235075000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
244963000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
252289000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2518000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1520000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1168000 shares
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6835000 USD
CY2019Q4 us-gaap Cash
Cash
185203000 USD
CY2018Q4 us-gaap Cash
Cash
209177000 USD
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
114992000 USD
CY2018Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
222228000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
300195000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
431405000 USD
CY2019Q4 wen Totalrestrictedcashandcashequivalentscurrent
Totalrestrictedcashandcashequivalentscurrent
58512000 USD
CY2018Q4 wen Totalrestrictedcashandcashequivalentscurrent
Totalrestrictedcashandcashequivalentscurrent
55107000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
358707000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
486512000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
103852000 USD
CY2018Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
111887000 USD
CY2019Q4 wen Accounts Notes Loans And Financing Receivable Gross Current
AccountsNotesLoansAndFinancingReceivableGrossCurrent
127480000 USD
CY2018Q4 wen Accounts Notes Loans And Financing Receivable Gross Current
AccountsNotesLoansAndFinancingReceivableGrossCurrent
114744000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10019000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4939000 USD
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
117461000 USD
CY2018Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
109805000 USD
CY2019Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
13555000 USD
CY2018Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
14475000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
25350000 USD
CY2018Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
22500000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4939000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4546000 USD
CY2017Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4030000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
2000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
0 USD
CY2017Q1 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
26000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3294000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2562000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
579000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
214000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
169000 USD
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
89000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10019000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4939000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4546000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
0 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
2000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
0 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
10019000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6939000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4546000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
45310000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
47021000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
639000 USD
CY2018Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
639000 USD
CY2019Q4 us-gaap Long Term Investments
LongTermInvestments
45949000 USD
CY2018Q4 us-gaap Long Term Investments
LongTermInvestments
47660000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1568668000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1554422000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
591668000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
531155000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
977000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1023267000 USD
CY2018Q4 us-gaap Goodwill Gross
GoodwillGross
757281000 USD
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
752731000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
9397000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
9397000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
747884000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
743334000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
6931000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
7038000 USD
CY2019 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
0 USD
CY2018 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
208000 USD
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1096000 USD
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GoodwillOtherIncreaseDecrease
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CY2018Q4 us-gaap Goodwill Gross
GoodwillGross
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9397000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
9397000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
755911000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
747884000 USD
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36305000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
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165272000 USD
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1651916000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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357763000 USD
CY2019Q4 us-gaap Goodwill
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1294153000 USD
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150636000 USD
CY2017 us-gaap Amortization Of Intangible Assets
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47302000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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52064000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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53182000 USD
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46666000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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41362000 USD
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37048000 USD
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33854000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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29383000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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155899000 USD
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37637000 USD
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55883000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
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56010000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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11007000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
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25350000 USD
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33526000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
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32217000 USD
CY2019Q4 us-gaap Long Term Debt
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2280311000 USD
CY2018Q4 us-gaap Long Term Debt
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2328802000 USD
CY2019Q4 us-gaap Long Term Debt Current
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22750000 USD
CY2018Q4 us-gaap Long Term Debt Current
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23250000 USD
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2257561000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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2305552000 USD
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CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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14127000 USD
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22750000 USD
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22750000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
22750000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
22750000 USD
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22750000 USD
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2207250000 USD
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2321000000 USD
CY2019Q4 us-gaap Pledged Assets Not Separately Reported On Statement Of Financial Position
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1232149000 USD
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5602000 USD
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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1397000 USD
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6999000 USD
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
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4343000 USD
CY2018 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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354000 USD
CY2018 us-gaap Asset Impairment Charges
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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Deferredtaxassetsoperatingandfinanceleaseliabilities
115322000 USD
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574916000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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101019000 USD
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CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6093000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2661000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4055000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
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9190000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9630000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9173000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
33704000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
121369000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26320000 USD
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DeferredFederalIncomeTaxExpenseBenefit
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CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2449000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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DeferredForeignIncomeTaxExpenseBenefit
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CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
533000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34541000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114801000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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Deferredtaxassetsoperatingandfinanceleaseliabilities
345173000 USD
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18477000 USD
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CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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14804000 USD
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5016000 USD
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13786000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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45183000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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42175000 USD
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CY2018Q4 us-gaap Deferred Tax Assets Net
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244009000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
14840000 USD
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492000 USD
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59690000 USD
CY2019Q4 wen Deferred Tax Assets Unfavorable Leases
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26020000 USD
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35801000 USD
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CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
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23904000 USD
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16807000 USD
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3757000 USD
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313803000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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311596000 USD
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324394000 USD
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60788000 USD
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105545000 USD
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30598000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
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26432000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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716785000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
513169000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
270759000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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269160000 USD
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14984000 USD
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45183000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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42175000 USD
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13555000 USD
CY2018Q4 us-gaap Income Taxes Receivable
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14475000 USD
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
36011000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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120732000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
35357000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6470000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
221000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6451000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
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CY2019 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-6135000 USD
CY2018 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
9970000 USD
CY2017 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-15964000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-5841000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-10250000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-5196000 USD
CY2019 wen Domestic Tax Planning Initiatives
DomesticTaxPlanningInitiatives
0 USD
CY2018 wen Domestic Tax Planning Initiatives
DomesticTaxPlanningInitiatives
0 USD
CY2017 wen Domestic Tax Planning Initiatives
DomesticTaxPlanningInitiatives
-4282000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-250000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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856000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-2408000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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2833000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-5120000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
35895000 USD
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EffectiveIncomeTaxRateReconciliationNondeductibleGoodwill
0 USD
CY2018 wen Effective Income Tax Rate Reconciliation Nondeductible Goodwill
EffectiveIncomeTaxRateReconciliationNondeductibleGoodwill
41000 USD
CY2017 wen Effective Income Tax Rate Reconciliation Nondeductible Goodwill
EffectiveIncomeTaxRateReconciliationNondeductibleGoodwill
15458000 USD
CY2019 wen Onetime Transition Tax
OnetimeTransitionTax
0 USD
CY2018 wen Onetime Transition Tax
OnetimeTransitionTax
0 USD
CY2017 wen Onetime Transition Tax
OnetimeTransitionTax
4446000 USD
CY2019 wen Deferred Tax Liabilities Deemed Repatriation Expense
DeferredTaxLiabilitiesDeemedRepatriationExpense
402000 USD
CY2018 wen Deferred Tax Liabilities Deemed Repatriation Expense
DeferredTaxLiabilitiesDeemedRepatriationExpense
326000 USD
CY2017 wen Deferred Tax Liabilities Deemed Repatriation Expense
DeferredTaxLiabilitiesDeemedRepatriationExpense
1801000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1051000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
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-1975000 USD
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34541000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114801000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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22323000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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17987000 USD
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UnrecognizedTaxBenefits
27632000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
28848000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
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19545000 USD
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1356000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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3874000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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8251000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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2598000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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1704000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
227000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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7553000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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295000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
21000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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34000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6438000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
114000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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323000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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22323000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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27632000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
28848000 USD
CY2019Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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1661000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-489000 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-12000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
161000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
-81000 USD
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
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0.28
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
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-309000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
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-106000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
946000 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4097000 USD
CY2019Q4 us-gaap Common Stock Shares Issued
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470424000 shares
CY2019Q4 us-gaap Preferred Stock Shares Authorized
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100000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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17043000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-46198000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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27500000 USD

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