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These excerpts taken from the WEN 10-K filed Mar 13, 2009. nstruments
The
Company’s derivative instruments, excluding those that may be settled in its own
stock and therefore not subject to the guidance in SFAS No. 133 “Accounting for
Derivative Instruments and Hedging Activities” (“SFAS 133”), are recorded at
fair value (the “Company’s Derivative Instruments”). Changes in fair
value of the Company’s Derivative Instruments that have been designated as cash
flow hedging instruments are included in the “Unrealized gain (loss) on cash
flow hedges” component of “Accumulated other comprehensive income (loss)” in the
accompanying Consolidated Statements of Stockholders’ Equity to the extent of
the effectiveness of such hedging instruments. Any ineffective
portion of the change in fair value of the designated hedging instruments is
included in the Consolidated Statements of Operations. Changes in
fair value of the Company’s Derivative Instruments that have not been designated
as hedging instruments are included in the Consolidated Statements of
Operations.
See Note
12 for further disclosure related to the Company’s derivative
instruments.
nstruments The Company’s derivative instruments, excluding those that may be settled in its own stock and therefore not subject to the guidance in SFAS No. 133 “Accounting for Derivative Instruments and Hedging Activities” (“SFAS 133”), are recorded at fair value (the “Company’s Derivative Instruments”). Changes in fair value of the Company’s Derivative Instruments that have been designated as cash flow hedging instruments are included in the “Unrealized gain (loss) on cash flow hedges” component of “Accumulated other comprehensive income (loss)” in the accompanying Consolidated Statements of Stockholders’ Equity to the extent of the effectiveness of such hedging instruments. Any ineffective portion of the change in fair value of the designated hedging instruments is included in the Consolidated Statements of Operations. Changes in fair value of the Company’s Derivative Instruments that have not been designated as hedging instruments are included in the Consolidated Statements of Operations. See Note 12 for further disclosure related to the Company’s derivative instruments. | EXCERPTS ON THIS PAGE:
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