7Baggers
Quarterly
Annual
    Unit: USD2025-09-28 2025-06-29 2025-03-30 2024-12-29 2024-09-29 2024-06-30 2024-03-31 2023-12-31 2023-10-01 2023-07-02 2023-04-02 2023-01-01 2022-10-02 2022-07-03 2022-04-03 2022-01-02 2021-10-03 2021-07-04 2021-04-04 2021-01-03 2020-09-27 2020-06-28 2020-03-29 2019-09-29 2019-06-30 2019-03-31 2018-09-30 2018-07-01 2018-04-01 2017-10-01 2017-07-02 2017-04-02 2016-10-02 2016-07-03 2016-04-03 2015-09-27 2015-06-28 2015-03-29 2014-09-28 2014-06-29 2014-03-30 2013-03-31 2012-09-30 2012-07-01 2012-04-01 2011-10-02 2011-07-03 2011-04-03 2011-01-02 2010-10-03 2010-07-04 2010-04-04 2010-01-03 2009-09-27 2008-12-28 2008-09-30 2008-07-01 2008-04-01 
      
    		                                                          
      cash flows from operating activities:
    		                                                          
      net income
    		44,252,000 55,110,000 39,232,000 47,497,000 50,224,000 54,643,000 41,993,000 46,938,000 58,049,000 59,632,000 39,821,000 41,275,000 50,542,000 48,151,000 37,402,000 52,131,000 41,171,000 65,724,000 41,366,000 38,734,000 39,753,000 24,904,000 14,441,000 46,127,000 32,386,000 31,894,000 391,249,000 29,876,000 20,159,000 14,257,000 -1,845,000 22,341,000 48,890,000 26,480,000 25,363,000 7,584,000 40,195,000 27,507,000 22,830,000 29,007,000 46,303,000 2,133,000 -26,162,000 -5,493,000 14,734,000 -3,966,000 11,266,000 -1,409,000 -10,758,000 -909,000 10,742,000 -3,400,000 -13,594,000 14,688,000 -393,218,000 -12,147,000 -6,905,000 -67,471,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                          
      depreciation and amortization
    		38,393,000 36,990,000 36,549,000 33,228,000 36,996,000 37,492,000 35,518,000 34,531,000 34,288,000 33,498,000 33,472,000 32,503,000 34,252,000 33,428,000 33,231,000 32,297,000 30,940,000 30,761,000 31,542,000 34,049,000 32,966,000 34,714,000 31,046,000 33,306,000 31,484,000 33,185,000 29,070,000 33,427,000 32,152,000 31,216,000 31,309,000 29,165,000 29,362,000 31,404,000 33,290,000 39,909,000 41,919,000 36,880,000 36,274,000 39,495,000 42,496,000 52,382,000 42,499,000 36,606,000 32,952,000 30,816,000 39,144,000 43,125,000 44,724,000 46,178,000 44,944,000 46,326,000 46,882,000 47,020,000 23,928,000 30,701,000 17,693,000 15,993,000 
      amortization of cloud computing arrangements
    		5,226,000 4,056,000 4,167,000 4,064,000 3,576,000 3,519,000 3,542,000 5,086,000 3,844,000 2,266,000 1,582,000 1,506,000                                               
      share-based compensation
    		-934,000 5,132,000 5,572,000 4,528,000 6,814,000 5,824,000 5,853,000 6,978,000 6,551,000 5,609,000 4,609,000 7,041,000 5,027,000 6,122,000 6,348,000 5,284,000 5,702,000 5,882,000 5,151,000 3,818,000 5,786,000 4,787,000 4,539,000 3,981,000 4,986,000 5,022,000 4,810,000 5,133,000 4,458,000 4,984,000 7,813,000 3,559,000 4,335,000 4,844,000 5,081,000 6,542,000 7,174,000 5,068,000 10,050,000 4,574,000 10,584,000 3,010,000                1,586,000 
      impairment of long-lived assets
    		2,257,000 1,686,000 1,421,000 6,840,000 178,000 689,000 2,006,000 888,000 59,000 78,000 376,000 3,738,000 206,000 1,860,000 616,000 420,000 566,000 630,000 635,000 3,310,000 23,000 117,000 4,587,000 0 198,000 1,486,000 347,000 1,603,000 206,000 1,041,000 253,000 510,000 361,000 5,525,000 7,105,000 1,513,000 10,018,000 1,937,000   332,000  0 3,270,000 4,511,000 0 208,000 9,612,000 28,053,000 27,409,000    15,528,000     
      deferred income tax
    		25,986,000 516,000 306,000 -5,064,000 -361,000 -707,000 603,000 -305,000 -4,756,000 1,952,000 2,302,000 -5,909,000 2,908,000 2,779,000 4,527,000 -13,756,000 2,112,000 -1,021,000 -1,116,000 4,388,000 3,958,000 1,172,000 748,000 2,102,000 2,580,000 842,000 981,000 7,291,000 -9,799,000 3,441,000 -1,558,000 -938,000 -6,671,000 -1,988,000 -8,365,000 15,638,000 10,421,000 9,309,000 11,742,000 15,235,000 32,620,000 2,593,000                 
      non-cash rental expense
    		13,264,000 11,056,000 10,350,000 9,931,000 10,853,000 10,146,000 10,974,000 9,931,000 11,172,000 10,540,000 9,012,000 7,751,000 9,480,000 9,810,000 6,874,000 12,175,000 8,346,000 9,923,000 10,152,000  7,716,000 6,033,000 6,218,000                                    
      change in operating lease liabilities
    		-12,400,000 -12,351,000 -12,131,000 -12,450,000 -12,188,000 -12,161,000 -12,112,000 -11,893,000 -11,791,000 -11,810,000 -11,718,000 -11,441,000 -11,328,000 -11,298,000 -11,615,000 -11,386,000 -11,146,000 -11,467,000 -11,607,000 -11,366,000 -10,306,000 -8,622,000 -10,611,000 -10,498,000 -10,487,000 -10,496,000                                 
      net receipt of deferred vendor incentives
    		-1,853,000 -2,757,000 11,178,000  -4,084,000    -2,874,000    -3,155,000 -2,672,000 7,711,000  -1,426,000    -2,667,000   -3,043,000 -2,721,000 8,033,000 -2,215,000 -2,436,000 7,340,000 -2,530,000 -2,525,000 9,602,000 -4,120,000   -4,994,000   -4,722,000    -6,247,000   -5,888,000 -9,593,000 29,357,000           
      system optimization gains
    		-29,000       -761,000   -5,000 -2,641,000 -452,000 -152,000 -3,534,000 -826,000 -1,437,000 -30,766,000 -516,000 -815,000 -23,000 -1,987,000 -323,000         -1,407,000 -37,756,000   98,000                       
      distributions received from joint ventures, net of equity in earnings
    		684,000 962,000 717,000  909,000 716,000 430,000  807,000 148,000 394,000  2,360,000 210,000 898,000  1,207,000 945,000 1,409,000  -75,000 1,082,000 180,000 827,000 1,684,000 415,000                                 
      long-term debt-related activities
    		1,858,000 1,871,000 1,873,000 1,870,000 1,871,000 1,868,000 1,870,000 -1,990,000 1,976,000 1,915,000 3,419,000 2,016,000 2,015,000 2,014,000 1,717,000 1,715,000 1,715,000 19,651,000 1,677,000 1,857,000 1,725,000 1,585,000 1,556,000 1,587,000 8,976,000 1,823,000 1,824,000                                
      cloud computing arrangements expenditures
    		-7,098,000 -6,918,000 -2,417,000 -8,232,000 -3,705,000 -4,013,000 -2,865,000 -7,748,000 -8,337,000 -10,174,000 -6,643,000 -7,535,000 -9,472,000 -8,557,000 -4,656,000                                            
      changes in operating assets and liabilities and other
    		19,649,000 -34,373,000 -11,492,000  50,555,000 -49,209,000 3,464,000  39,153,000 -13,209,000 -22,449,000  1,173,000 -4,482,000 -58,537,000  40,172,000 -14,151,000 615,000  96,341,000 -23,887,000 -69,445,000 3,018,000 19,362,000 -17,989,000                                 
      net cash from operating activities
    		129,255,000 60,593,000 85,415,000 68,626,000 141,218,000 45,476,000 99,987,000 75,891,000 128,021,000 88,529,000 52,975,000 77,265,000 84,444,000 77,213,000 20,982,000 69,099,000 117,922,000 72,921,000 85,830,000 78,602,000 175,197,000 49,931,000 -19,369,000 83,440,000 92,039,000 62,021,000 81,241,000 79,710,000 68,711,000 56,160,000 81,931,000 38,652,000 29,839,000 53,684,000 47,274,000 65,515,000 31,374,000 21,740,000 101,587,000 66,268,000 14,741,000 32,604,000 56,101,000 83,674,000 -15,144,000 49,504,000 79,136,000 53,463,000   66,968,000 35,241,000       
      cash flows from investing activities:
    		                                                          
      capital expenditures
    		-24,993,000 -21,371,000 -17,679,000 -42,027,000 -17,896,000 -17,111,000 -17,354,000 -29,332,000 -25,525,000 -17,924,000 -12,240,000 -35,508,000 -19,095,000 -18,445,000 -12,496,000 -34,583,000 -19,332,000 -13,705,000 -10,364,000 -24,093,000 -15,474,000 -16,773,000 -12,629,000 -15,500,000 -14,269,000 -11,215,000 -15,819,000 -13,329,000 -10,569,000 -21,594,000 -17,306,000 -14,811,000 -40,249,000 -29,637,000 -38,858,000 -57,698,000 -69,268,000 -61,280,000 -83,365,000 -61,463,000 -53,058,000 -39,977,000 -42,246,000 -37,081,000 -46,998,000 -35,947,000 -27,398,000 -28,568,000 -53,233,000 -42,006,000 -25,587,000 -27,143,000 -36,634,000 -25,265,000 -48,588,000 -17,958,000 -23,673,000 -16,770,000 
      free cash flows
    		104,262,000 39,222,000 67,736,000 26,599,000 123,322,000 28,365,000 82,633,000 46,559,000 102,496,000 70,605,000 40,735,000 41,757,000 65,349,000 58,768,000 8,486,000 34,516,000 98,590,000 59,216,000 75,466,000 54,509,000 159,723,000 33,158,000 -31,998,000 67,940,000 77,770,000 50,806,000 65,422,000 66,381,000 58,142,000 34,566,000 64,625,000 23,841,000 -10,410,000 24,047,000 8,416,000 7,817,000 -37,894,000 -39,540,000 18,222,000 4,805,000 -38,317,000 -7,373,000 13,855,000 46,593,000 -62,142,000 13,557,000 51,738,000 24,895,000   41,381,000 8,098,000       
      franchise development fund
    		-6,578,000 -10,705,000 -5,813,000 -20,206,000 -9,563,000 -6,736,000 -4,741,000 -6,004,000 -1,552,000 -177,000 -218,000 -1,121,000 -1,172,000 -357,000 -955,000                                            
      acquisitions
    		               -127,948,000 0 0 4,879,000     0 0 -5,052,000    0   0 0 -2,209,000 0 0 -1,232,000 -3,614,000                    
      dispositions
    		130,000 1,300,000 55,000 1,724,000 2,621,000 575,000 26,000 1,835,000 0 -7,000 287,000 4,506,000 2,715,000 753,000 263,000 2,461,000 2,126,000 50,528,000 3,000 2,521,000 -750,000 4,125,000 195,000 798,000   1,049,000 1,463,000 351,000 2,078,000 76,330,000 1,650,000 128,771,000 3,893,000 41,185,000 7,660,000 32,414,000 6,283,000 3,688,000 7,747,000 108,457,000 2,104,000                 
      notes receivable
    		0 0 1,949,000 0 0 127,000 1,256,000 2,455,000 490,000 1,225,000 110,000 423,000 268,000 2,304,000 141,000 296,000 296,000 214,000 397,000 -800,000 0 -175,000 313,000 -1,084,000 -998,000 248,000 255,000 334,000 -872,000 -1,949,000 -471,000 -1,754,000 1,157,000 -2,112,000 -1,327,000                        
      net cash from investing activities
    		-48,295,000 -30,776,000 -21,488,000 -60,509,000 -24,838,000 -23,145,000 -20,813,000 -31,015,000 -26,587,000 -16,883,000 -12,061,000 -31,700,000 -17,284,000 -15,745,000 -13,047,000 -169,711,000 -16,910,000 37,037,000 -5,085,000 -27,251,000 -16,055,000 -12,823,000 -12,121,000 -15,786,000 -14,027,000 -15,889,000 414,084,000 -11,533,000 -11,102,000 -16,552,000 -15,104,000 -6,428,000 84,612,000 -21,927,000 -228,000 -48,320,000 43,108,000 -58,380,000 -82,109,000 -53,585,000 55,724,000 -37,595,000 -52,456,000 -56,105,000 -26,037,000 67,153,000 -29,882,000 -31,168,000   7,820,000 -24,185,000       
      cash flows from financing activities:
    		                                                          
      proceeds from long-term debt
    		0 8,500,000 15,000,000         0 0 0 500,000,000 0 0   0 0 0 153,315,000 0   4,028,000 2,642,000 928,167,000       19,000,000       494,313,000      0 0 497,500,000 161,000 51,501,000 2,230,000     
      repayments of long-term debt
    		-7,312,000 -7,312,000 -15,813,000 -7,313,000 -7,312,000 -7,312,000 -7,313,000 -33,422,000 -14,846,000 -7,312,000 -39,122,000 -7,313,000 -7,312,000 -6,062,000 -6,063,000 -14,562,000 -14,562,000 -929,320,000 -11,900,000 -16,503,000 -150,688,000 -9,937,000 -14,334,000 -5,688,000 -872,063,000 -5,813,000 -11,406,000 -9,886,000 -871,747,000 -6,645,000 -7,487,000 -6,159,000 -6,027,000 -5,955,000 -6,696,000 -19,114,000 -1,292,611,000 -9,444,000 -9,497,000 -9,586,000 -9,900,000 -6,506,000 -441,188,000 -596,469,000 -6,354,000 -1,843,000 -4,557,000 -30,211,000  -4,580,000 -456,146,000 -10,216,000  -16,025,000     
      repayments of finance lease liabilities
    		-7,398,000 -5,428,000 -5,238,000 -4,983,000 -5,085,000 -4,871,000 -5,465,000 -4,641,000 -4,611,000 -7,938,000 -4,398,000 -3,901,000 -3,916,000 -5,419,000 -4,076,000 -4,619,000 -3,244,000 -3,118,000 -2,659,000 -2,533,000 -2,143,000 -1,740,000 -1,967,000 -1,657,000 -1,640,000 -1,881,000                                 
      repurchases of common stock
    		-14,250,000 -63,732,000 -122,784,000 -17,319,000 -25,808,000 -26,953,000 -7,295,000  -55,483,000 -50,203,000 -36,727,000  0    -41,998,000 -28,047,000 -55,611,000  -1,530,000 0 -45,137,000 -26,167,000 -19,852,000 -30,929,000 -55,892,000 -44,935,000 -39,372,000 -39,538,000 -34,501,000 -16,026,000 -53,137,000 -60,456,000 -47,601,000 -1,015,198,000 -26,243,000 -36,963,000 -13,965,000 -14,000 -277,261,000     -115,281,000     -92,695,000 -80,842,000 -47,683,000      
      dividends
    		-26,711,000 -26,811,000 -49,432,000 -51,032,000 -50,785,000 -51,252,000 -51,374,000 -51,382,000 -52,156,000 -52,612,000 -53,103,000 -26,626,000 -26,607,000 -26,635,000 -26,911,000 -25,883,000 -26,684,000 -22,123,000 -20,156,000 -15,690,000 -11,202,000 -11,181,000 -26,793,000 -23,087,000 -23,124,000 -23,069,000 -20,141,000 -20,290,000 -20,355,000 -17,017,000 -17,174,000 -17,273,000 -15,641,000 -15,938,000 -16,214,000 -15,225,000 -19,990,000 -20,199,000 -18,364,000 -18,342,000 -18,306,000 -15,703,000            -7,015,000     
      proceeds from stock option exercises
    		199,000 1,444,000 273,000 28,208,000 2,553,000 1,166,000 932,000 5,554,000 1,266,000 4,966,000 2,881,000 2,197,000 709,000 368,000 1,591,000 2,799,000 1,271,000 24,961,000 972,000 7,821,000 3,675,000 10,143,000 1,722,000 4,909,000 13,964,000 5,196,000 29,102,000 3,812,000 9,385,000 4,034,000 1,926,000 4,459,000 3,927,000 3,022,000 3,674,000 2,731,000 2,564,000 17,124,000 1,454,000 653,000 23,147,000 3,564,000 982,000 388,000 1,156,000 2,005,000 438,000 2,902,000           
      payments related to tax withholding for share-based compensation
    		-1,473,000 -28,000 -1,326,000 -90,000 -1,750,000 -530,000 -2,115,000 -46,000 -1,119,000 -899,000 -1,809,000 -188,000 -1,076,000 -374,000 -1,530,000 -121,000 -1,193,000 -889,000 -2,308,000 -168,000 -1,705,000 -302,000 -3,402,000 -1,490,000 -902,000 -6,055,000 -1,195,000 -948,000 -8,321,000 -1,528,000 -397,000 -2,559,000                           
      net cash from financing activities
    		-56,945,000 -93,367,000 -179,320,000 -52,529,000 -88,187,000 -89,752,000 -72,630,000 -131,078,000 -126,949,000 -113,998,000 -132,278,000 -35,831,000 -38,202,000 -90,095,000 452,802,000 -185,261,000 -86,410,000 120,591,000 -91,662,000 -42,579,000 -163,593,000 -15,139,000 63,404,000 -53,180,000 -67,625,000 -62,551,000 -55,673,000 -69,605,000 -25,683,000 -61,023,000 -57,958,000 -37,973,000 -70,426,000 -79,215,000 -66,042,000 -1,032,721,000 918,854,000 -22,616,000 -46,060,000 -27,766,000 -264,176,000 -18,645,000 13,331,000 -10,141,000 -16,608,000 -123,608,000 -50,032,000 -35,701,000   -72,172,000 -96,749,000       
      net cash from operations before effect of exchange rate changes on cash
    		24,015,000 -63,550,000 -115,393,000 -44,412,000 28,193,000 -67,421,000 6,544,000 -86,202,000 -25,515,000 -42,352,000 -91,364,000 9,734,000 28,958,000 -28,627,000 460,737,000 -285,873,000 14,602,000 230,549,000 -10,917,000 8,772,000 -4,451,000 21,969,000 31,914,000 14,474,000 10,387,000 -16,419,000 439,652,000 -1,428,000 31,926,000 -21,415,000 8,869,000 -5,749,000 44,025,000 -47,458,000 -18,996,000 -1,015,526,000 993,336,000 -59,256,000 -26,582,000 -15,083,000 -193,711,000 -23,636,000 16,976,000 17,428,000 -57,789,000 -6,951,000     2,616,000 -85,693,000       
      effect of exchange rate changes on cash
    		-2,102,000 4,693,000 744,000 -6,509,000 1,695,000 -1,024,000 -2,274,000 2,141,000 -1,854,000 2,032,000 129,000 1,209,000 -4,748,000 -2,733,000 305,000 187,000 -2,106,000 1,460,000 823,000 3,045,000 1,417,000 1,954,000 -5,086,000 -1,111,000 1,982,000 1,884,000 2,206,000 -1,919,000 -2,482,000 3,501,000 2,439,000 744,000 -1,421,000 715,000 4,703,000 -6,341,000 1,369,000 -5,158,000 -2,632,000 2,048,000 -1,746,000 -1,041,000 1,516,000 -738,000 968,000 -3,756,000 241,000 959,000 717,000 1,156,000 -1,520,000 1,258,000 1,054,000 968,000     
      net decrease in cash, cash equivalents and restricted cash
    		21,913,000    29,888,000                                                      
      cash, cash equivalents and restricted cash at beginning of period
    		0 0 503,608,000 0 0 0 588,816,000 0 0 0 831,801,000 0 0 0 366,966,000 0 0 0 418,241,000 0 0 0 358,707,000 0 0 486,512,000 0 0 212,824,000                              
      cash, cash equivalents and restricted cash at end of period
    		21,913,000 -58,857,000 388,959,000 -50,921,000 29,888,000 -68,445,000 593,086,000 -84,061,000 -27,369,000 -40,320,000 740,566,000 10,943,000 24,210,000 -31,360,000 828,008,000 -285,686,000 12,496,000 232,009,000 408,147,000 11,817,000 -3,034,000 23,923,000 385,535,000 13,363,000 12,369,000 471,977,000 441,858,000 -3,347,000 242,268,000                              
      system optimization losses
    		  90,000                                                        
      net increase in cash, cash equivalents and restricted cash
    		  -114,649,000    4,270,000 -84,061,000 -27,369,000 -40,320,000 -91,235,000 10,943,000 24,210,000 -31,360,000 461,042,000 -285,686,000 12,496,000 232,009,000 -10,094,000 11,817,000 -3,034,000 23,923,000 26,828,000 13,363,000 12,369,000 -14,535,000 441,858,000 -3,347,000 29,444,000                              
      net (recognition) receipt of deferred vendor incentives
    		          -1,197,000            -2,305,000               -2,532,000       -58,000              
      gain on sale of investments
    		                             746,000                             
      distributions received from timwen joint venture
    		                          3,304,000 2,849,000 2,907,000 0 3,085,000 2,439,000 2,665,000 3,097,000 2,689,000 3,373,000 3,447,000 2,378,000 3,585,000 3,279,000 3,164,000 2,701,000                 
      equity in earnings in joint ventures
    		                          -2,162,000 -1,824,000 -1,824,000 -2,327,000 -1,940,000 -1,846,000 -2,220,000 -2,376,000 -1,899,000   -2,042,000 -2,787,000 -2,716,000 -2,156,000 -1,191,000 -2,922,000 -2,780,000 -2,134,000 -2,717,000             
      other
    		                          5,689,000 -3,822,000 2,729,000 -1,157,000 1,962,000 1,590,000 2,498,000 -1,073,000 2,804,000 -753,000 3,864,000 -2,804,000 2,278,000 -1,260,000 -6,571,000 -7,784,000 4,135,000 343,000 1,404,000 1,626,000 -1,771,000 273,000 741,000 -2,207,000 -1,325,000 1,361,000 -6,073,000 2,464,000 1,447,000 1,812,000 1,286,000 -1,770,000 
      changes in operating assets and liabilities:
    		                                                          
      accounts and notes receivable
    		                          3,067,000 5,381,000 2,934,000 -4,636,000 -7,739,000 -1,818,000 -3,240,000 -28,177,000 -1,843,000 -14,170,000 -9,836,000 -5,040,000 3,576,000 -9,310,000 -340,000 1,858,000 6,562,000 -3,041,000 -74,000 -975,000 -7,917,000 2,342,000 2,241,000 45,000 -8,778,000 1,762,000   -1,679,000 -706,000 721,000 -2,523,000 
      inventories
    		                          68,000 -157,000 7,000 27,000 -201,000 130,000 -22,000 -283,000 431,000 35,000 -723,000 891,000 -275,000 44,000 1,156,000 1,285,000 235,000 -190,000 920,000 540,000 -380,000 -370,000 -1,430,000 1,208,000 -679,000 1,295,000   -204,000 -723,000 -177,000 964,000 
      prepaid expenses and other current assets
    		                          3,645,000 -895,000 4,000 835,000 -788,000 -1,328,000 680,000 -973,000 -3,665,000 -2,661,000 1,772,000 -5,641,000 -1,692,000 -1,140,000 -6,057,000 148,000 2,521,000 -4,082,000 -2,658,000 4,009,000 -3,471,000 -8,676,000 8,367,000 609,000 -2,162,000 -5,300,000   8,656,000 -9,002,000 3,868,000 5,286,000 
      advertising funds restricted assets and liabilities
    		                          2,145,000 -10,455,000 17,189,000                              
      accounts payable
    		                          -1,306,000 601,000 146,000 2,927,000 -1,999,000 -2,485,000 -4,528,000 -2,738,000 854,000 -1,452,000 6,621,000 4,043,000 352,000 -687,000 -3,012,000 -2,409,000 7,990,000 5,173,000 -12,313,000 -5,239,000 10,370,000 4,234,000 -6,822,000 5,033,000 -981,000 -13,025,000       
      accrued expenses and other current liabilities
    		                          95,840,000 14,409,000 -20,443,000 7,090,000 17,129,000 -21,180,000 -190,000 24,865,000 -18,998,000 14,446,000 -4,355,000 -24,753,000 1,786,000 -8,174,000 -34,227,000 -22,172,000 -18,385,000 16,750,000 -41,654,000 3,981,000 24,491,000 -33,107,000 5,130,000 -5,205,000 12,874,000 -42,307,000       
      proceeds from sale of investments
    		                   0    0 0 130,000    0                             
      deferred financing costs
    		           0 0 -23,000 -10,209,000 0 0   0 0   0   0 0 -17,340,000 -329,000 -325,000 -415,000 -150,000 -729,000 -138,000 -2,724,000 -39,262,000 -112,000     91,000   -21,000   -67,000 -1,911,000   -423,000 -8,363,000     
      system optimization (gains)
    		                                                          
      system optimization (gains) losses
    		                        -110,000 -12,000         -8,426,000                        
      net receipt (recognition) of deferred vendor incentives
    		      8,584,000            6,522,000                12,810,000      16,800,000                  
      system optimization losses (gains)
    		      127,000                      570,000 106,000        813,000                     
      payments for investments
    		                          0 -1,000 -12,000 0 -317,000 -58,000 -59,000 -49,000 -64,000                        
      repurchases of common stock, including accelerated share repurchase
    		                                                          
      supplemental non-cash investing and financing activities:
    		                                                          
      capital expenditures included in accounts payable
    		                -2,879,000 1,781,000 5,461,000  -1,293,000 -3,497,000 9,579,000                                    
      finance leases
    		                12,414,000 25,324,000 5,539,000  11,655,000 3,688,000 9,274,000                                    
      reconciliation of cash, cash equivalents and restricted cash at end of period:
    		                                                          
      cash and cash equivalents
    		                3,363,000 251,651,000 316,488,000  -24,815,000 43,112,000 294,890,000                                    
      restricted cash
    		                -1,471,000 -156,000 37,948,000  7,854,000 -22,853,000 53,459,000       189,000 29,000 15,000 46,000 93,000 42,000 3,504,000                       
      restricted cash, included in advertising funds restricted assets
    		                10,604,000 -19,486,000 53,711,000  13,927,000 3,664,000 37,186,000                                    
      total cash, cash equivalents and restricted cash
    		                12,496,000 232,009,000 408,147,000  -3,034,000 23,923,000 385,535,000                                    
      non-cash rental income
    		                       7,203,000 3,701,000 7,818,000 -4,629,000 -3,000,000 -3,239,000 -3,062,000 -2,558,000 -2,728,000                           
      contingent consideration payment
    		                          -169,000 0 -6,100,000                              
      loss on early extinguishment of debt
    		                            11,475,000              49,881,000                
      accretion of long-term debt
    		                            313,000 310,000 309,000 308,000  304,000 304,000  300,000 300,000  296,000 296,000 1,929,000 1,912,000 2,138,000 2,010,000 1,974,000 2,033,000 2,130,000 2,003,000 1,998,000 8,300,000 2,715,000       
      amortization of deferred financing costs
    		                            1,427,000 1,980,000 1,974,000 2,000,000  1,900,000 1,869,000  974,000 615,000  627,000 566,000 762,000 759,000              683,000 526,000 
      reclassification of unrealized losses on cash flow hedges
    		                             723,000 724,000 723,000  724,000 723,000                        
      changes in restricted cash
    		                             4,913,000 10,166,000 8,545,000 -5,128,000 5,995,000 1,045,000                        
      net decrease in cash and cash equivalents
    		                               -5,005,000   -14,293,000   -64,414,000   -195,457,000 -24,677,000 18,492,000 16,690,000 -56,821,000 -10,707,000 -537,000 -12,447,000        6,939,000   
      cash and cash equivalents at beginning of period
    		                             0 0 198,240,000 0 0 327,216,000 0 0 267,276,000 0 0 580,152,000 453,361,000 0 0 475,231,000 0 0 512,508,000  0 0 591,719,000  0  0 0 78,116,000 
      cash and cash equivalents at end of period
    		                             -17,914,000 11,308,000 193,235,000 42,604,000 -46,743,000 312,923,000 -1,021,867,000 994,705,000 202,862,000 -29,214,000 -13,035,000 384,695,000 428,684,000 18,492,000 16,690,000 418,410,000 -10,707,000 -537,000 500,061,000  12,134,000 1,096,000 507,284,000  28,645,000  6,939,000 -39,933,000 59,026,000 
      net increase in cash and cash equivalents
    		                                      -29,214,000          -8,006,000 12,134,000 1,096,000 -84,435,000 -52,927,000 28,645,000    -19,090,000 
      excess tax benefits from share-based compensation
    		                                -602,000 -841,000 -933,000 -3,496,000 -19,396,000 -26,978,000 5,688,000 477,000 -18,144,000                  
      non-cash rent income
    		                                -2,577,000 -599,000 -1,962,000                        
      gain on disposal of the bakery
    		                                                          
      proceeds from sale of the bakery
    		                                                          
      change in restricted cash
    		                                   -6,171,000   0                    
      payments for termination of cash flow hedges
    		                                                          
      non-cash rent expense
    		                                   185,000 818,000 1,789,000 3,711,000 802,000 1,726,000 2,156,000 2,060,000 -765,000 1,639,000 2,055,000 2,307,000 1,807,000 2,182,000 2,207,000 2,066,000 2,879,000 2,711,000 2,988,000     
      gain on sales of investments
    		                                                          
      equity in earnings in joint venture
    		                                   -2,423,000            -2,363,000    -1,850,000       
      proceeds from sales of investments
    		                                         151,000                 
      notes receivable from franchisees
    		                                                          
      gain on disposal of bakery
    		                                                          
      proceeds from sale of bakery
    		                                                          
      payments for cost method investments
    		                                    0 -2,000,000                     
      impairment
    		                                      8,618,000                    
      gain on dispositions
    		                                      340,000                    
      (gain) loss on sale of investments
    		                                                          
      non-cash financing activities
    		                                                          
      system optimization remeasurement
    		                                        2,197,000                  
      gain on sales of restaurants
    		                                        -60,941,000                  
      gain on disposal of assets
    		                                        -12,051,000                  
      franchise loans
    		                                        292,000 127,000                 
      gain on sale of investment
    		                                          0 0 -27,407,000              
      premium payment on redemption of senior notes
    		                                                          
      repurchase of common stock
    		                                                          
      distribution to noncontrolling interests
    		                                                          
      net recognition of deferred vendor incentives
    		                                         -4,797,000                 
      distributions received from joint venture
    		                                          4,066,000 3,441,000 3,253,000 4,283,000 3,388,000 3,113,000 4,262,000 3,925,000 2,825,000 2,968,000 7,477,000 0     
      loss on disposal of arby's
    		                                                          
      restaurant acquisitions
    		                                          -18,815,000 -19,185,000 -2,594,000              
      proceeds from sale of arby's
    		                                                          
      proceeds from sale of investment
    		                                          0 0 24,374,000              
      proceeds from other dispositions
    		                                                          
      investment in joint venture
    		                                                          
      premium payment on redemption/purchase of senior notes
    		                                                          
      dividends paid
    		                                          -7,809,000 -7,802,000 -7,795,000 -7,834,000 -8,376,000 -8,374,000 -8,361,000 -6,271,000 -6,336,000 -6,653,000   -14,437,000 0 -8,056,000 -8,045,000 
      distributions to noncontrolling interests
    		                                          0 0 -3,667,000              
      share-based compensation provision
    		                                           2,567,000 2,597,000 7,096,000 3,419,000 3,241,000 3,185,000 3,868,000 3,132,000 3,519,000 3,640,000 3,894,000 5,197,000 1,169,000   
      deferred income tax benefit
    		                                           -9,359,000 5,773,000 1,270,000 6,501,000 -2,900,000 -13,481,000 -12,245,000 4,493,000 -8,546,000 -39,827,000 410,000 -91,810,000 1,849,000   
      franchise incentive loans
    		                                           95,000 -1,096,000              
      proceeds from dispositions
    		                                                1,266,000 283,000 1,619,000 2,492,000 1,496,000 1,706,000     
      write-off and amortization of deferred financing costs
    		                                            1,361,000 1,354,000 1,358,000 2,151,000    1,701,000 1,905,000 2,091,000 1,604,000    
      loss on disposal of arby’s
    		                                                          
      benefit from doubtful accounts
    		                                             436,000 665,000 903,000 2,108,000 4,010,000 976,000 2,600,000       
      operating investment adjustments
    		                                             0   0 -79,000 -4,997,000 -125,000   27,098,000 2,401,000 9,445,000 66,413,000 
      proceeds from sale of arby’s
    		                                                          
      investment activities
    		                                             10,000   -79,000 50,000 31,661,000 526,000 1,385,000   34,050,000 43,000 112,000 
      business acquisitions
    		                                                          
      business acquisition
    		                                               -2,900,000           
      net cash from operations before effect of exchange rate
    		                                                          
      changes on cash
    		                                               -13,406,000           
      cash flows from continuing operating activities:
    		                                                          
      adjustments to reconcile net income to net cash from continuing operating activities:
    		                                                          
      net recognition of deferred vendor incentive
    		                                                          
      income from discontinued operations
    		                                                    -1,124,000      
      goodwill impairment
    		                                                          
      net cash from continuing operating activities
    		                                                58,878,000    47,497,000 104,853,000 31,149,000 19,489,000 6,034,000 16,933,000 
      cash flows from continuing investing activities:
    		                                                          
      cost of acquisitions, less cash acquired
    		                                                    -1,693,000      
      increase in cash from merger with wendy’s
    		                                                          
      cost of merger with wendy’s
    		                                                          
      net cash from continuing investing activities
    		                                                -55,224,000    -38,785,000 -22,576,000 157,911,000 14,376,000 -27,611,000 -27,745,000 
      cash flows from continuing financing activities:
    		                                                          
      repayments of notes payable and long-term debt
    		                                                      -88,570,000 -59,919,000   
      distributions to non-controlling interests
    		                                                          
      net cash from continuing financing activities
    		                                                -12,377,000    -59,563,000 -54,116,000 -120,035,000 -26,275,000 -18,341,000 -8,274,000 
      net cash from continuing operations before effect of exchange rate changes on cash
    		                                                    -50,851,000 28,161,000     
      net cash from continuing operations
    		                                                -8,006,000    -49,797,000 29,129,000 64,902,000 7,590,000 -39,918,000 -19,086,000 
      net cash from operating activities of discontinued operations
    		                                                    -3,130,000 -484,000 -844,000 -651,000 -15,000 -4,000 
      cash and cash equivalents at beginning of year
    		                                                          
      cash and cash equivalents at end of year
    		                                                          
      write off and amortization of deferred financing costs
    		                                                 1,545,000         
      net receipt of deferred vendor incentive
    		                                                 -9,580,000 -11,391,000 31,067,000  -6,516,000     
      equity in earnings of joint venture
    		                                                 -2,647,000         
      changes in operating assets and liabilities, net:
    		                                                          
      net cash from continuing operations before effect of
    		                                                          
      exchange rate changes on cash
    		                                                          
      net cash from discontinued operations
    		                                                          
      impairment of other long-lived assets
    		                                                   11,601,000       
      net receipt (recognition) of vendor incentive
    		                                                          
      gain on sale of consolidated business
    		                                                          
      accounts payable, accrued expenses, and other current liabilities
    		                                                          
      increase in cash from merger with wendy’s international, inc.
    		                                                          
      decrease in cash related to the sale of a consolidated business
    		                                                          
      non-cash operating investment adjustments
    		                                                     68,000     
      changes in operating assets and liabilities
    		                                                          
      cost of wendy’s merger
    		                                                          
      accounts payable, accrued expenses and other current liabilities
    		                                                       8,057,000 -6,545,000 -10,911,000 
      investing investment activities
    		                                                          
      net distributions to minority interests
    		                                                       -402,000   
      minority interests in income of consolidated subsidiaries
    		                                                      0 326,000 0 14,000 
      net (recognition) receipt of deferred vendor incentive
    		                                                          
      payment of withholding taxes relating to share-based compensation
    		                                                          
      (income) income from discontinued operations
    		                                                          
      costs of the merger with wendy’s
    		                                                          
      increase in cash from the merger with wendy’s
    		                                                          
      cost of other business acquisitions, less cash acquired
    		                                                          
      distributions to minority interests
    		                                                          
      receipt of deferred vendor incentive, net of amount recognized
    		                                                       -3,552,000 -4,235,000 11,530,000 
      straight-line rent accrual
    		                                                       915,000 1,269,000 1,049,000 
      equity in undistributed (earnings) losses of investees
    		                                                       0 0 754,000 
      facilities relocation and corporate restructuring, net provision
    		                                                       -271,000   
      unfavorable lease liability recognized
    		                                                       -1,082,000 -1,160,000 -1,130,000 
      loss (income) from discontinued operations
    		                                                          
      payment of withholding taxes related to share-based compensation
    		                                                       0 -151,000 -26,000 
      cost of business acquisitions, less cash acquired
    		                                                       -3,000 -51,000 -9,486,000 
      capitalized wendy’s merger costs
    		                                                          
      proceeds from dispositions of assets
    		                                                          
      proceeds from issuance of long-term debt
    		                                                       34,046,000 15,493,000 4,129,000 
      write-off of deferred financing costs
    		                                                        0 5,111,000 
      deferred compensation
    		                                                          
      cost of proposed business acquisition
    		                                                        -3,793,000 -1,650,000 
      proceeds from exercises of stock options
    		                                                          
      deferred income tax provision
    		                                                         -8,462,000 
      repayments of long-term debt and notes payable
    		                                                         -4,358,000 
      facilities relocation and corporate restructuring, net (payments) provision
    		                                                          
      depreciation and amortization of properties
    		                                                          
      amortization of other intangible assets and certain other items
    		                                                          
      amortization of deferred financing cost and original issue discount
    		                                                          
      write-off of previously unamortized deferred financing costs on early extinguishments of debt
    		                                                          
      deferred compensation (reversal) provision
    		                                                          
      gain on sale of unconsolidated business
    		                                                          
      equity in undistributed earnings of investees
    		                                                          
      charge for common stock issued to induce effective conversions of convertible notes
    		                                                          
      accounts and notes receivables
    		                                                          
      accounts payable and accrued expenses and other current liabilities
    		                                                          
      net distributions to minority interests in consolidated subsidiaries
    		                                                          
      proceeds from issuance of long-term debt and a note payable
    		                                                          
      net cash from discontinued operations:
    		                                                          
      operating activities
    		                                                          
      investing activities
    		                                                          
      amortization of deferred financing costs and original issue discount
    		                                                          
      write-off of previously unamortized deferred financing costs and original issue discount on early extinguishments of debt
    		                                                          
      deferred compensation provision
    		                                                          
      (gain) loss on sale of unconsolidated businesses
    		                                                          
      receipt (recognition) of deferred vendor incentive
    		                                                          
      deferred asset management fees recognized
    		                                                          
      increase in accounts and notes receivable
    		                                                          
      increase in inventories
    		                                                          
      increase in prepaid expenses and other current assets
    		                                                          
      increase in accounts payable and accrued expenses and other current liabilities
    		                                                          
      cost of business acquisitions less cash acquired of 7,606 and equity consideration of 149,392 in 2005
    		                                                          
      costs of potential business acquisition
    		                                                          
      collection of notes receivable
    		                                                          
      transfers from restricted cash equivalents collateralizing long-term debt
    		                                                          
      proceeds from issuance of term loan in connection with the rtm acquisition
    		                                                          
      proceeds from issuance of other long-term debt and notes payable
    		                                                          
      repayments of long-term debt in connection with the rtm acquisition
    		                                                          
      repayments of other long-term debt and notes payable
    		                                                          
      net contributions from (distributions to) minority interests in consolidated subsidiaries
    		                                                          
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.