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Accounting Principles Ch 24 Ratio Assignment THE WENDY'S COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS IIn Thoucande Frant Par Valuol THE WENDY'S COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (In Thousands Except Per Share Amounts) See accompanying notes to consolidated financial statements. 61 THE WENDY'S COMPANY AND SUBSIDIARIES ONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In Thousands) See accompanying notes to consolidated financial statements. Table of Contents THE WENDY'S COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (In Thousands) See accompanying notes to consolidated financial statements. Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Share-based compensation Impairment of long-lived assets Deferred income tax Non-cash rental expense, net Change in operating lease liabilities Net receipt (recognition) of deferred vendor incentives System optimization gains, net Gain on sale of investments, net Distributions received from TimWen joint venture Equity in earnings in joint ventures, net Long-term debt-related activities, net (see below) Other, net Changes in operating assets and liabilities: Accounts and notes receivable, net Inventories THE WENDY'S COMPANY AND SUBSIDIARIES