2023 Q1 Form 10-K Financial Statement

#000003069723000002 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2023
Revenue $536.5M $2.096B
YoY Change 13.38% 10.46%
Cost Of Revenue $199.4M $773.2M
YoY Change 17.27% 26.4%
Gross Profit $337.1M $1.322B
YoY Change 11.2% 2.88%
Gross Profit Margin 62.83% 63.1%
Selling, General & Admin $221.1M $876.9M
YoY Change 12.31% 7.1%
% of Gross Profit 65.59% 66.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.50M $133.4M
YoY Change 0.64% 6.27%
% of Gross Profit 9.64% 10.09%
Operating Expenses $254.5M $1.010B
YoY Change 10.13% 7.33%
Operating Profit $82.58M $353.3M
YoY Change 14.61% -3.72%
Interest Expense -$29.41M $122.3M
YoY Change 43.09% 12.03%
% of Operating Profit -35.62% 34.62%
Other Income/Expense, Net $6.048M $10.40M
YoY Change 2649.09% 1427.61%
Pretax Income $58.15M $243.5M
YoY Change 14.11% 1.22%
Income Tax $16.88M $66.14M
% Of Pretax Income 29.02% 27.16%
Net Earnings $41.28M $177.4M
YoY Change -20.82% -11.49%
Net Earnings / Revenue 7.69% 8.46%
Basic Earnings Per Share $0.83
Diluted Earnings Per Share $0.19 $0.82
COMMON SHARES
Basic Shares Outstanding 212.6M shares 213.8M shares
Diluted Shares Outstanding 215.8M shares

Balance Sheet

Concept 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $745.9M $745.9M
YoY Change 199.03% 199.03%
Cash & Equivalents $745.9M $560.7M
Short-Term Investments
Other Short-Term Assets $188.8M $188.8M
YoY Change -13.35% -13.35%
Inventory $7.129M $7.129M
Prepaid Expenses
Receivables $98.56M $116.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.058B $1.058B
YoY Change 78.51% 78.51%
LONG-TERM ASSETS
Property, Plant & Equipment $895.8M $1.885B
YoY Change -1.22% -4.02%
Goodwill $773.1M
YoY Change -0.28%
Intangibles $1.249B
YoY Change -2.5%
Long-Term Investments $33.92M $363.4M
YoY Change -14.92% 3.94%
Other Assets $171.0M $167.1M
YoY Change 22.88% 23.82%
Total Long-Term Assets $4.441B $4.441B
YoY Change -1.5% -1.5%
TOTAL ASSETS
Total Short-Term Assets $1.058B $1.058B
Total Long-Term Assets $4.441B $4.441B
Total Assets $5.499B $5.499B
YoY Change 7.8% 7.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.00M $44.00M
YoY Change 6.88% 6.88%
Accrued Expenses $116.0M $117.5M
YoY Change -17.6% -15.63%
Deferred Revenue $8.977M
YoY Change -1.18%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $29.25M $47.57M
YoY Change 20.62% 19.62%
Total Short-Term Liabilities $388.0M $388.0M
YoY Change -9.12% -9.12%
LONG-TERM LIABILITIES
Long-Term Debt $2.822B $3.394B
YoY Change 19.77% 16.39%
Other Long-Term Liabilities $98.85M $981.1M
YoY Change -12.46% -6.94%
Total Long-Term Liabilities $2.921B $4.375B
YoY Change 18.29% 10.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $388.0M $388.0M
Total Long-Term Liabilities $2.921B $4.375B
Total Liabilities $5.034B $5.034B
YoY Change 7.9% 7.9%
SHAREHOLDERS EQUITY
Retained Earnings $414.7M
YoY Change 20.5%
Common Stock $47.04M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.870B
YoY Change 2.3%
Treasury Stock Shares 257.3M shares
Shareholders Equity $465.7M $465.7M
YoY Change
Total Liabilities & Shareholders Equity $5.499B $5.499B
YoY Change 7.8% 7.8%

Cashflow Statement

Concept 2023 Q1 2023
OPERATING ACTIVITIES
Net Income $41.28M $177.4M
YoY Change -20.82% -11.49%
Depreciation, Depletion And Amortization $32.50M $133.4M
YoY Change 0.64% 6.27%
Cash From Operating Activities $77.26M $259.9M
YoY Change 11.82% -24.83%
INVESTING ACTIVITIES
Capital Expenditures $35.51M $85.54M
YoY Change -202.67% -209.69%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $3.808M $7.768M
YoY Change -102.82% -110.13%
Cash From Investing Activities -$31.70M -$77.78M
YoY Change -81.32% -49.71%
FINANCING ACTIVITIES
Cash Dividend Paid $106.8M
YoY Change 12.58%
Common Stock Issuance & Retirement, Net $51.95M
YoY Change -80.65%
Debt Paid & Issued, Net $26.75M
YoY Change -97.24%
Cash From Financing Activities -35.83M $288.7M
YoY Change -80.66% -218.92%
NET CHANGE
Cash From Operating Activities 77.26M $259.9M
Cash From Investing Activities -31.70M -$77.78M
Cash From Financing Activities -35.83M $288.7M
Net Change In Cash 9.734M $464.8M
YoY Change -103.41% -1006.55%
FREE CASH FLOW
Cash From Operating Activities $77.26M $259.9M
Capital Expenditures $35.51M $85.54M
Free Cash Flow $41.76M $174.4M
YoY Change -59.73% -58.85%

Facts In Submission

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CY2023 us-gaap Use Of Estimates
UseOfEstimates
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 due to risks and uncertainties, including uncertainty in the current economic environment due to the COVID-19 pandemic and other factors.
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Beginning in 2022, the Company has reclassified payments for cloud computing arrangements in the consolidated statements of cash flows to “Cloud computing arrangements expenditures,” which were previously recorded to “Other, net.” The prior period amounts in the consolidated statement of cash flows for 2021 reflect the reclassification of these cash flows to conform to the current year presentation. There was no impact to “Net cash provided by operating activities.” No payments for cloud computing arrangements were made by the Company in 2020.</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table illustrates the reclassifications made to the consolidated statement of cash flows for 2021:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.823%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.666%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.823%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.791%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As Previously Reported</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reclassifications</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As Currently Reported</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cloud computing arrangements expenditures</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14,086)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14,086)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13,242)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,086 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">844 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2023 wen Franchiseagreementrenewaltermextension
Franchiseagreementrenewaltermextension
P20Y
CY2022 wen Payments For Cloud Computing Arrangements
PaymentsForCloudComputingArrangements
14086000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
844000 usd
CY2023 us-gaap Fiscal Period
FiscalPeriod
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 January 1, 2023” or “2022,” which consisted of 52 weeks, (2) “the year ended January 2, 2022” or “2021,” which consisted of 52 weeks, and (3) “the year ended January 3, 2021” or “2020,” which consisted of 53 weeks. All references to years, quarters and months relate to fiscal periods rather than calendar periods.</span></div>
CY2023Q1 wen Cash Equivalents Insurance From Securities Investor Protection Corporation Maximum Per Account
CashEquivalentsInsuranceFromSecuritiesInvestorProtectionCorporationMaximumPerAccount
500000 usd
CY2022 wen Number Of Customers Accounting For More Than10 Of Revenues
NumberOfCustomersAccountingForMoreThan10OfRevenues
0 customers
CY2021 wen Number Of Customers Accounting For More Than10 Of Revenues
NumberOfCustomersAccountingForMoreThan10OfRevenues
0 customers
CY2023 wen Number Of Customers Accounting For More Than10 Of Revenues
NumberOfCustomersAccountingForMoreThan10OfRevenues
0 customers
CY2023 wen Franchiseagreementterm
Franchiseagreementterm
P20Y
CY2023 wen Franchiseagreementrenewalterm
Franchiseagreementrenewalterm
P10Y
CY2023 wen Franchiseagreementextensionterm
Franchiseagreementextensionterm
P25Y
CY2023 wen Franchiseagreementterm
Franchiseagreementterm
P20Y
CY2023 wen Franchiseagreementrenewalterm
Franchiseagreementrenewalterm
P10Y
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
234465000 usd
CY2023 us-gaap Revenues
Revenues
2095505000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
236655000 usd
CY2022 us-gaap Revenues
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1896998000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
232648000 usd
CY2021 us-gaap Revenues
Revenues
1733825000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
99208000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
97186000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8977000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
90231000 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9084000 usd
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
88102000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
97186000 usd
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
97785000 usd
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
100689000 usd
CY2023 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
11567000 usd
CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
19838000 usd
CY2021 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
8955000 usd
CY2023 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
13589000 usd
CY2022 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
19239000 usd
CY2021 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
6051000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
99208000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
97186000 usd
CY2017Q1 wen Companyoperatedrestaurantownershippercentage
Companyoperatedrestaurantownershippercentage
0.05
CY2023 us-gaap Net Income Loss
NetIncomeLoss
177370000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
200392000 usd
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
97785000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
99208000 usd
CY2020Q3 wen Npc Bankruptcy Number Of Markets To Be Sold By Npc
NPCBankruptcyNumberOfMarketsToBeSoldByNPC
8 numberofmarkets
CY2020Q4 wen Npc Consortium Bid Number Of Markets To Be Purchased By Franchisees
NPCConsortiumBidNumberOfMarketsToBePurchasedByFranchisees
7 numberofmarkets
CY2020Q4 wen Npc Consortium Bid Number Of Markets To Be Purchased By Company
NPCConsortiumBidNumberOfMarketsToBePurchasedByCompany
1 numberofmarkets
CY2021Q1 wen Npc Consortium Bid Deposit
NPCConsortiumBidDeposit
43240000 usd
CY2021Q1 wen Npc Consortium Bid Payable
NPCConsortiumBidPayable
38361000 usd
CY2021Q2 wen Npc Asset Purchase Agreement Number Of Markets To Be Purchased By Frg
NPCAssetPurchaseAgreementNumberOfMarketsToBePurchasedByFRG
4 numberofmarkets
CY2021Q2 wen Npc Asset Purchase Agreement Number Of Markets To Be Purchased By Franchisees
NPCAssetPurchaseAgreementNumberOfMarketsToBePurchasedByFranchisees
4 numberofmarkets
CY2017Q1 wen Companyoperatedrestaurantownershippercentage
Companyoperatedrestaurantownershippercentage
0.05
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
6779000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
33545000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
3148000 usd
CY2023 us-gaap Restructuring Charges
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698000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
8548000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
16030000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
117832000 usd
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2064000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
213766000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
221375000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
223684000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2073000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3030000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4330000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215839000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
224405000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
228014000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4443000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2404000 shares
CY2023Q1 us-gaap Cash
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185207000 usd
CY2022Q1 us-gaap Cash
Cash
249438000 usd
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
560682000 usd
CY2022Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
745889000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
249438000 usd
CY2023Q1 wen Totalrestrictedcashandcashequivalentscurrent
Totalrestrictedcashandcashequivalentscurrent
85912000 usd
CY2022Q1 wen Totalrestrictedcashandcashequivalentscurrent
Totalrestrictedcashandcashequivalentscurrent
117528000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
831801000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
366966000 usd
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
100270000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1707000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
98563000 usd
CY2022Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
104744000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3229000 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
101515000 usd
CY2023Q1 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
22503000 usd
CY2023Q1 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
4640000 usd
CY2023Q1 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
17863000 usd
CY2022Q1 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
23000000 usd
CY2022Q1 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
4975000 usd
CY2022Q1 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
18025000 usd
CY2023Q1 wen Accounts And Financing Receivable Before Allowance For Credit Loss Current
AccountsAndFinancingReceivableBeforeAllowanceForCreditLossCurrent
122773000 usd
CY2023Q1 wen Accounts And Financing Receivable Allowance For Credit Loss Current
AccountsAndFinancingReceivableAllowanceForCreditLossCurrent
6347000 usd
CY2023Q1 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
116426000 usd
CY2022Q1 wen Accounts And Financing Receivable Before Allowance For Credit Loss Current
AccountsAndFinancingReceivableBeforeAllowanceForCreditLossCurrent
127744000 usd
CY2022Q1 wen Accounts And Financing Receivable Allowance For Credit Loss Current
AccountsAndFinancingReceivableAllowanceForCreditLossCurrent
8204000 usd
CY2022Q1 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
119540000 usd
CY2023Q1 us-gaap Notes And Loans Receivable Gross Noncurrent
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3888000 usd
CY2023Q1 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
0 usd
CY2023Q1 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
3888000 usd
CY2022Q1 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
4514000 usd
CY2022Q1 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
315000 usd
CY2022Q1 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
4199000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3229000 usd
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5290000 usd
CY2022Q1 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
8519000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-565000 usd
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ProvisionForLoanLossesExpensed
-350000 usd
CY2023 wen Accounts And Financing Receivable Credit Loss Expense Reversal
AccountsAndFinancingReceivableCreditLossExpenseReversal
-915000 usd
CY2023 wen Accounts Receivable Allowance For Credit Loss Write Off Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
957000 usd
CY2023 wen Financing Receivable Allowance For Credit Loss Write Off Net Of Recoveries
FinancingReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
300000 usd
CY2023 wen Accounts And Financing Receivable Allowance For Credit Loss Write Off Net Of Recoveries
AccountsAndFinancingReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
1257000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1707000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4640000 usd
CY2023Q1 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
6347000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3739000 usd
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5625000 usd
CY2021Q1 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
9364000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-148000 usd
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-335000 usd
CY2022 wen Accounts And Financing Receivable Credit Loss Expense Reversal
AccountsAndFinancingReceivableCreditLossExpenseReversal
-483000 usd
CY2022 wen Accounts Receivable Allowance For Credit Loss Write Off Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
362000 usd
CY2022 wen Financing Receivable Allowance For Credit Loss Write Off Net Of Recoveries
FinancingReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
0 usd
CY2022 wen Accounts And Financing Receivable Allowance For Credit Loss Write Off Net Of Recoveries
AccountsAndFinancingReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
362000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3229000 usd
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5290000 usd
CY2022Q1 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
8519000 usd
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3314000 usd
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6705000 usd
CY2019Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
10019000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
647000 usd
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
206000 usd
CY2021 wen Accounts And Financing Receivable Credit Loss Expense Reversal
AccountsAndFinancingReceivableCreditLossExpenseReversal
853000 usd
CY2021 wen Accounts Receivable Allowance For Credit Loss Write Off Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
222000 usd
CY2021 wen Financing Receivable Allowance For Credit Loss Write Off Net Of Recoveries
FinancingReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
1286000 usd
CY2021 wen Accounts And Financing Receivable Allowance For Credit Loss Write Off Net Of Recoveries
AccountsAndFinancingReceivableAllowanceForCreditLossWriteOffNetOfRecoveries
1508000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3739000 usd
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5625000 usd
CY2021Q1 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
9364000 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
33921000 usd
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
39870000 usd
CY2023Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
12107000 usd
CY2022Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
10000000 usd
CY2023Q1 us-gaap Long Term Investments
LongTermInvestments
46028000 usd
CY2022Q1 us-gaap Long Term Investments
LongTermInvestments
49870000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1618585000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1580068000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
722807000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
673201000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
895778000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
906867000 usd
CY2021Q1 us-gaap Goodwill Gross
GoodwillGross
760446000 usd
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
9397000 usd
CY2021Q1 us-gaap Goodwill
Goodwill
751049000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
23442000 usd
CY2022 wen Goodwill Written Off Related To Sale Of Business Unit Adjustment
GoodwillWrittenOffRelatedToSaleOfBusinessUnitAdjustment
-547000 usd
CY2022 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
240000 usd
CY2022Q1 us-gaap Goodwill Gross
GoodwillGross
784675000 usd
CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
9397000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
775278000 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-260000 usd
CY2023 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
0 usd
CY2023 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-1930000 usd
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CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
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CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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Files In Submission

Name View Source Status
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