Build-A-Bear Workshop 2012 Annual Report Download - page 52

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BUILD-A-BEAR WORKSHOP, INC. 2012 FORM 10-K
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders
Build-A-Bear Workshop, Inc.:
We have audited the accompanying consolidated statements of operations, comprehensive income (loss), stockholders’
equity, and cash flows of Build-A-Bear Workshop, Inc. and subsidiaries (the Company) for the fiscal year ended January 1,
2011. These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to
express an opinion on these consolidated financial statements based on our audit.
We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board
(United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that
our audit provides a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, Build-A-Bear
Workshop Inc. and subsidiaries’ results of its operations and its cash flows for the fiscal year ended January 1, 2011, in
conformity with U.S. generally accepted accounting principles.
/s/ KPMG
St. Louis, Missouri
March 17, 2011
44