Buffalo Wild Wings 2006 Annual Report Download - page 58

Download and view the complete annual report

Please find page 58 of the 2006 Buffalo Wild Wings annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 77

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77

Report of Independent Registered Public Accounting Firm on Financial Statement Schedule
The Board of Directors and Stockholders
Buffalo Wild Wings, Inc.:
Under the date of March 8, 2007 we reported on the 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,
which is included herein. In connection with our audits of the aforementioned consolidated financial statements, we have
also audited the related financial statement schedule as listed in the accompanying index. This financial statement schedule is
the responsibility of the Company’ s management. Our responsibility is to express an opinion on this financial statement
hedule based on our audits. sc
In our opinion, such financial statement schedule, when considered in relation to the basic consolidated financial
statements taken as a whole, presents fairly, in all material respects, the information set forth therein.
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.
.
/s/ KPMG LLP
Minneapolis, Minnesota
March 8, 2007
Buffalo Wild Wings, Inc.
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
Description
Balance
at
Beginning
of Period
Additions
Charged
to Costs
and
Expenses
Deductions
From
Reserves
Balance
at End of
Period
Allowance for doubtful accounts 2006 $ 25 51 29 47
2005 25 25
2004 25 3 3 25
Store closing reserves 2006 54 54
2005 136 136
2004 222 (10) 76 136
58