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v3.20.4

Segment Information Reconciliation of Profit from Segments to Consolidated (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Jan. 03, 2021 | Sep. 27, 2020 | Jun. 28, 2020 | Mar. 29, 2020 | Dec. 29, 2019 | Sep. 29, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Jan. 03, 2021 | Dec. 29, 2019 | Dec. 30, 2018
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |  |  |  |  |  |  |  |
Segment profit | $ 78,567 | $ 81,348 | $ 60,661 | $ 48,732 | $ 36,717 | $ 79,023 | $ 80,573 | $ 66,266 | $ 269,308 | $ 262,579 | $ 249,892
Advertising funds surplus |  | (7,293) | (3,205) | (1,387) |  |  |  |  | 2,904 | 1,337 | 4,153
Unallocated general and administrative |  |  |  |  |  |  |  |  | (206,876) | (200,206) | (217,489)
Depreciation and amortization |  |  |  |  |  |  |  |  | (132,775) | (131,693) | (128,879)
System optimization gains, net |  |  |  |  |  |  |  |  | 3,148 | 1,283 | 463
Reorganization and realignment costs | $ (5,834) | $ (3,375) | $ (2,911) | $ (3,910) | (12,194) |  |  |  | (16,030) | (16,965) | (9,068)
Impairment of long-lived assets |  |  |  |  |  |  |  |  | (8,037) | (6,999) | (4,697)
Unallocated other operating income, net |  |  |  |  |  |  |  |  | 8,397 | 11,418 | 6,387
Interest expense, net |  |  |  |  |  |  |  |  | (117,737) | (115,971) | (119,618)
Loss on early extinguishment of debt |  |  |  |  | (1,346) |  | $ (7,150) |  | 0 | (8,496) | (11,475)
Investment (loss) income, net |  |  |  |  | $ 24,599 |  |  |  | (225) | 25,598 | 450,736
Other income, net |  |  |  |  |  |  |  |  | 1,449 | 7,771 | 5,381
Income before income taxes |  |  |  |  |  |  |  |  | 152,795 | 171,481 | 574,916
Corporate and Other |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |  |  |  |  |  |  |  |
Unallocated general and administrative |  |  |  |  |  |  |  |  | (94,256) | (81,230) | (104,208)
Unallocated other operating income, net |  |  |  |  |  |  |  |  | 190 | 291 | 444
Impact of legal reserves - Financial Institutions case settlement |  |  |  |  |  |  |  |  |  |  | 27,500
Operating Segments |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |  |  |  |  |  |  |  |
Segment profit |  |  |  |  |  |  |  |  | 514,164 | 496,555 | 491,684
Operating Segments | Wendy's U.S. |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |  |  |  |  |  |  |  |
Segment profit |  |  |  |  |  |  |  |  | 393,314 | 369,193 | 355,455
Advertising funds surplus |  |  |  |  |  |  |  |  | (14,600) |  |
Operating Segments | Wendy's International |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |  |  |  |  |  |  |  |
Segment profit |  |  |  |  |  |  |  |  | 20,119 | 20,246 | 25,597
Operating Segments | Global Real Estate & Development |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |  |  |  |  |  |  |  |
Segment profit |  |  |  |  |  |  |  |  | $ 100,731 | $ 107,116 | $ 110,632

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