XML 33 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6

Line of Credit and Subordinated Notes:	12 Months Ended
	Dec. 31, 2011
Line of Credit and Subordinated Notes:
Line of Credit and Subordinated Notes:	7.             Line of Credit and Subordinated Notes: The Company has a revolving credit facility with The PrivateBank and Trust Company and BMO Harris Bank N.A. (the “Line of Credit”).  The Line of Credit, entered into on July 13, 2010 with a four-year term and aggregate commitment of $30.0 million, replaced a $40.0 million facility with Bank of America, N.A. and The PrivateBank and Trust Company. The Line of Credit was used to complete the redemption of the Renewable Unsecured Subordinated Notes (as indicated below) and has been and will continue to be used for general corporate purposes.  Borrowings under the Line of Credit are subject to certain borrowing base limitations, and the Line of Credit is secured by a lien against substantially all of the Company’s assets, contains customary financial conditions and covenants, and requires maintenance of minimum levels of debt service coverage and tangible net worth and maximum levels of leverage (all as defined within the Line of Credit).  As of December 31, 2011, the Company was in compliance with all of its financial covenants and the Company had no borrowings outstanding under the Line of Credit.  (See Note 14 — “Subsequent Events”). The Line of Credit allows the Company to choose between three interest rate options in connection with its borrowings.  The interest rate options are the Base Rate, LIBOR and Fixed Rate (all as defined within the Line of Credit) plus an applicable margin of 0.50%, 2.75% and 2.75%, respectively.  Interest periods for LIBOR borrowings can be one, two or three months, and interest periods for Fixed Rate borrowings can be one, two, three or four years as selected by the Company.  The Line of Credit also provides for non-utilization fees of 0.25% per annum on the daily average of the unused commitment. Renewable Unsecured Subordinated Notes In 2006, the Company filed a public offering of up to $50 million of Renewable Unsecured Subordinated Notes (the “Notes”) that was declared effective in June of that year.  The Company made interest payments of $1.1 million on the Notes during 2010 and on July 30, 2010, the Company redeemed all of its outstanding Notes and subsequently deregistered all securities pursuant to the registration.  The redemption price equaled 100% of the principal amount, plus accrued and unpaid interest up to the redemption date.  The Company borrowed $16.0 million on its Line of Credit to finance the redemption.

X

- Details

Name:	wina_LineOfCreditAndSubordinatedNotesAbstract
Namespace Prefix:	wina_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

No definition available.

+ Details

Name:	wina_LineOfCreditAndSubordinatedNotesTextBlock
Namespace Prefix:	wina_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration