Buffalo Wild Wings 2014 Annual Report Download - page 54

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53
(3) Marketable Securities
Marketable securities consisted of the following:
December 28,
2014 December 29,
2013
Available-for-sale
Municipal securities $ 10,996 —
Trading
Mutual funds 8,551 7,584
Total $ 19,547 7,584
Purchases of available-for-sale securities totaled $22,991 and sales totaled $12,000 in 2014. All available-for-sale
securities mature within one year.
Sales of available for-sale securities totaled $512 and there were no purchases in 2013. Proceeds from maturities of held-
to-maturity securities totaled $2,770 and there were no purchases in 2013.
Purchases of available for-sale securities totaled $115,737 and sales totaled $115,151 in 2012. Purchases of held-to-
maturity securities totaled $17,000 and proceeds from maturities totaled $48,357 in 2012. All held-to-maturity debt securities
mature within one year and had an aggregate fair value of $2,770 at December 30, 2012.
Trading securities represent investments held for future needs of our non-qualified deferred compensation plan.
(4) Property and Equipment
Property and equipment consisted of the following:
December 28,
2014 December 29,
2013
Construction in process $ 12,391 18,792
Buildings 80,811 72,939
Furniture, fixtures, and equipment 301,568 254,484
Leasehold improvements 461,155 380,155
Property and equipment, gross 855,925 726,370
Less accumulated depreciation (361,524)(285,832)
Property and equipment, net $ 494,401 440,538
(5) Goodwill and Other Intangible Assets
Goodwill is summarized below:
December 28,
2014 December 29,
2013
Beginning of year $ 32,533 32,365
Additions 5,573 160
Adjustments — 8
End of year $ 38,106 32,533
Goodwill is not subject to amortization but nearly all is deductible for tax purposes.