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Segment Information (Notes) | 9 Months Ended
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Sep. 27, 2020
Segment Reporting [Abstract] |
Segment Information | Segment Information Revenues by segment were as follows:
| Three Months Ended |  | Nine Months Ended
| September 27, 2020 |  | September 29, 2019 |  | September 27, 2020 |  | September 29, 2019
Wendy’s U.S. | $ | 374,895 |  |  | $ | 359,353 |  |  | $ | 1,037,194 |  |  | $ | 1,051,994 |
Wendy’s International | 17,264 |  |  | 17,931 |  |  | 46,739 |  |  | 50,959 |
Global Real Estate & Development | 60,083 |  |  | 60,596 |  |  | 175,575 |  |  | 178,858 |
Total revenues | $ | 452,242 |  |  | $ | 437,880 |  |  | $ | 1,259,508 |  |  | $ | 1,281,811 |
The following table reconciles profit by segment to the Company’s consolidated income before income taxes:
| Three Months Ended |  | Nine Months Ended
| September 27, 2020 |  | September 29, 2019 |  | September 27, 2020 |  | September 29, 2019
Wendy’s U.S. (a) | $ | 108,297 |  |  | $ | 98,342 |  |  | $ | 283,261 |  |  | $ | 290,969 |
Wendy’s International | 6,567 |  |  | 6,271 |  |  | 15,256 |  |  | 17,500 |
Global Real Estate & Development | 25,340 |  |  | 26,408 |  |  | 75,541 |  |  | 83,260 |
Total segment profit | $ | 140,204 |  |  | $ | 131,021 |  |  | $ | 374,058 |  |  | $ | 391,729 |
Advertising funds deficit | (1,140) |  |  | (1,053) |  |  | (3,547) |  |  | (3,108) |
Unallocated general and administrative (b) | (21,424) |  |  | (18,254) |  |  | (68,594) |  |  | (59,606) |
Depreciation and amortization | (32,966) |  |  | (33,306) |  |  | (98,726) |  |  | (97,975) |
System optimization gains, net | 23 |  |  | 1,040 |  |  | 2,333 |  |  | 1,162 |
Reorganization and realignment costs | (3,375) |  |  | (403) |  |  | (10,196) |  |  | (4,771) |
Impairment of long-lived assets | (23) |  |  | — |  |  | (4,727) |  |  | (1,684) |
Unallocated other operating income, net | 49 |  |  | (22) |  |  | 140 |  |  | 115 |
Interest expense, net | (29,086) |  |  | (27,930) |  |  | (86,696) |  |  | (86,943) |
Loss on early extinguishment of debt | — |  |  | — |  |  | — |  |  | (7,150) |
Other income, net | 181 |  |  | 2,218 |  |  | 1,113 |  |  | 7,165 |
Income before income taxes | $ | 52,443 |  |  | $ | 53,311 |  |  | $ | 105,158 |  |  | $ | 138,934 |
_______________ (a)For the three and nine months ended September 27, 2020, includes advertising funds expense of $6,153 and $8,338, respectively, related to the expected Company funding of incremental advertising during 2020. (b)Includes corporate overhead costs, such as employee compensation and related benefits.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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