Buffalo Wild Wings 2009 Annual Report Download - page 38

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ITEM 6. SELECTED FINANCIAL DATA
The following summary information should be read in conjunction with the Consolidated Financial Statements and related
notes thereto set forth in Item 8 of this Form 10-K.
Fiscal Years Ended (1)
Dec. 27,
2009
Dec. 28,
2008
Dec. 30,
2007
Dec. 31,
2006
Dec. 25,
2005
(in thousands, except share and per share data)
Consolidated Statements of Earnings Data:
Revenue:
Restaurant sales $ 488,702 379,686 292,824 247,150 185,823
Franchising royalties and fees 50,222 42,731 36,828 31,033 23,877
Total revenue 538,924 422,417 329,652 278,183 209,700
Costs and expenses:
Restaurant operating costs:
Cost of sales 147,659 113,266 90,065 76,087 58,771
Labor 146,555 114,609 87,784 73,030 55,403
Operating 76,358 60,205 47,974 41,087 29,717
Occupancy 32,362 25,157 19,986 17,529 14,172
Depreciation and amortization 32,605 23,622 16,987 14,492 11,765
General and administrative 49,404 40,151 35,740 30,374 22,303
Preopening 7,702 7,930 4,520 3,077 2,599
Loss on asset disposals and impairment 1,928 2,083 987 1,008 1,991
Total costs and expenses 494,573 387,023 304,043 256,684 196,721
Income from operations 44,351 35,394 25,609 21,499 12,979
Investment income 1,077 970 2,909 2,339 1,340
Earnings before income taxes 45,428 36,364 28,518 23,838 14,319
Income tax expense 14,757 11,929 8,864 7,565 5,439
Net earnings $ 30,671 24,435 19,654 16,273 8,880
Earnings per common share – basic $ 1.70 1.37 1.12 0.95 0.53
Earnings per common share – diluted 1.69 1.36 1.10 0.92 0.51
Weighted average shares outstanding – basic 18,010,000 17,813,000 17,554,000 17,157,000 16,892,000
Weighted average shares outstanding – diluted 18,177,000 17,995,000 17,833,000 17,629,000 17,417,000
Consolidated Statements of Cash Flow Data:
Net cash provided by operating activities $ 79,286 66,107 43,579 33,031 24,618
Net cash used in investing activities (79,172) (60,134) (54,687) (26,829) (33,919)
Net cash provided by financing activities 1,119 853 873 1,568 730
As Of (1)
Dec. 27,
2009
Dec. 28,
2008
Dec. 30,
2007
Dec. 31,
2006
Dec. 25,
2005
(in thousands)
Consolidated Balance Sheets Data:
Total current assets $ 98,523 68,568 84,506 74,950 61,079
Total assets 309,073 243,818 197,098 161,183 133,123
Source: BUFFALO WILD WINGS INC, 10-K, February 26, 2010 Powered by Morningstar® Document Research℠