Buffalo Wild Wings 2006 Annual Report Download - page 32

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Report of Independent Registered Public Accounting Firm
The Board of Directors and Stockholders
Buffalo Wild Wings, Inc.:
We have audited the accompanying consolidated balance sheets of Buffalo Wild Wings, Inc. and subsidiaries (the
Company) as of December 31, 2006 and December 25, 2005, and the related consolidated statements of earnings,
stockholders’ equity, and cash flows for each of the fiscal years in the three-year period ended December 31, 2006. These
consolidated financial statements are the responsibility of the Company’ s management. Our responsibility is to express an
pinion on these consolidated financial statements based on our audits. o
We conducted our audits 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 audits
rovide a reasonable basis for our opinion. p
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the
financial position of Buffalo Wild Wings, Inc. and subsidiaries as of December 31, 2006 and December 25, 2005, and the
results of their operations and their cash flows for each of the fiscal years in the three-year period ended December 31, 2006,
in conformity with U.S. generally accepted accounting principles.
As discussed in Note 1 to the consolidated financial statements, the Company adopted Statement of Financial
Accounting Standards No. 123R, “Share-Based Payment,” on December 26, 2005.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United
States), the effectiveness of the Company’ s internal control over financial reporting as of December 31, 2006, based on the
criteria established in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations of the
Treadway Commission (“COSO”), and our report dated March 8, 2007 expressed an unqualified opinion on management’ s
assessment of, and the effective operation of internal controls over financial reporting.
.
/S/ KPMG LLP
Minneapolis, Minnesota
March 8, 2007
32