Buffalo Wild Wings (BWLD) 10-Q 26 Jul 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 25, 2017	Jul. 19, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	BUFFALO WILD WINGS INC
Entity Central Index Key	1,062,449
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 25, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		15,500,482
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 25, 2017	Dec. 25, 2016
Current assets:
Cash	$ 19,941	$ 49,266
Accounts receivable, net of allowance of $251	37,927	34,225
Inventory	15,080	16,532
Prepaid expenses	7,503	9,075
Refundable income taxes	4,483	1,018
Restricted assets	24,532	66,471
Total current assets	109,466	176,587
Property and equipment, net	551,317	592,806
Reacquired franchise rights, net	112,348	118,973
Other assets	39,889	41,625
Goodwill	117,228	117,228
Total assets	930,248	1,047,219
Current liabilities:
Deferred revenue	8,316	3,089
Accounts payable	37,887	45,797
Accrued compensation and benefits	43,944	47,304
Accrued expenses	33,367	32,347
Current portion of long-term debt and capital lease obligations	3,599	3,745
Current portion of deferred lease credits	4,685	873
System-wide payables	58,588	108,814
Total current liabilities	190,386	241,969
Long-term liabilities:
Other liabilities	16,529	16,109
Deferred income taxes	15,166	21,588
Long-term debt and capital lease obligations, net of current portion	426,074	205,312
Deferred lease credits, net of current portion	40,866	44,341
Total liabilities	689,021	529,319
Commitments and Contingencies
Stockholders’ equity:
Common stock, no par value. Authorized 44,000,000 shares; issued and outstanding 15,491,688 and 17,462,465 shares, respectively	139,334	147,234
Retained earnings	106,135	374,683
Accumulated other comprehensive loss	(3,808)	(3,878)
Total stockholders’ equity	241,661	518,039
Noncontrolling interests	(434)	(139)
Total equity	241,227	517,900
Total liabilities and equity	$ 930,248	$ 1,047,219

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jun. 25, 2017	Dec. 25, 2016
Statement of Financial Position [Abstract]
Accounts Receivable, allowance	$ 251	$ 251
Undesignated stock, shares authorized (in shares)	1,000,000	1,000,000
Common stock, par value (in Dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	44,000,000	44,000,000
Common stock, shares issued (in shares)	15,491,688	17,462,465
Common stock, shares outstanding (in shares)	15,491,688	17,462,465

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Revenue:
Restaurant sales	$ 475,665	$ 466,583	$ 984,870	$ 950,494
Franchise royalties and fees	24,315	23,595	49,873	47,941
Total revenue	499,980	490,178	1,034,743	998,435
Restaurant operating costs:
Cost of sales	152,714	138,480	312,715	282,303
Labor	154,324	149,375	315,358	298,504
Operating	74,628	68,180	152,168	137,860
Occupancy	28,126	27,205	56,589	53,928
Depreciation and amortization	38,103	37,953	76,980	75,502
General and administrative	39,155	29,821	71,907	61,486
Preopening	917	1,838	1,504	3,701
Loss on asset disposals and impairment	2,628	1,874	4,356	3,096
Total costs and expenses	490,595	454,726	991,577	916,380
Income from operations	9,385	35,452	43,166	82,055
Interest expense	3,334	846	5,692	1,686
Interest expense	(5,940)	1,028	(4,780)	161
Earnings before income taxes	11,991	33,578	42,254	80,208
Income tax expense	3,342	10,033	12,218	23,985
Net earnings including noncontrolling interests	8,649	23,545	30,036	56,223
Net loss attributable to noncontrolling interests	(133)	(157)	(295)	(252)
Net earnings attributable to Buffalo Wild Wings	$ 8,782	$ 23,702	$ 30,331	$ 56,475
Earnings per common share – basic (in Dollars per share)	$ 0.55	$ 1.27	$ 1.83	$ 3.01
Earnings per common share – diluted (in Dollars per share)	$ 0.55	$ 1.27	$ 1.83	$ 3
Weighted average shares outstanding – basic (in Shares)	15,983,236	18,604,746	16,573,288	18,763,812
Weighted average shares outstanding – diluted (in Shares)	16,048,146	18,635,798	16,619,016	18,796,829

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 8,649	$ 23,545	$ 30,036	$ 56,223
Other comprehensive income:
Foreign currency translation adjustments, net of tax	(2)	(134)	(70)	(381)
Other comprehensive income, net of tax	(2)	(134)	(70)	(381)
Comprehensive income including noncontrolling interests	8,651	23,679	30,106	56,604
Comprehensive loss attributable to noncontrolling interests	(133)	(157)	(295)	(252)
Comprehensive income attributable to Buffalo Wild Wings	$ 8,784	$ 23,836	$ 30,401	$ 56,856

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016
Cash flows from operating activities:
Net earnings including noncontrolling interests	$ 30,036	$ 56,223
Adjustments to reconcile net earnings to net cash provided by operations:
Depreciation and amortization	76,980	75,502
Loss on asset disposals and impairment	4,356	3,096
Deferred lease credits	1,548	3,380
Deferred income taxes	(6,489)	2,397
Stock-based compensation	4,021	2,108
Excess tax benefit from stock issuance	0	(35)
Change in fair value of contingent consideration	359	(1,106)
Gain on sale of investment in affiliate	(5,692)	0
Loss on investments in affiliate	1,488	1,247
Change in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable	(6,007)	802
Inventory	1,458	1,418
Prepaid expenses	1,573	567
Other assets	(4,334)	(2,462)
Deferred revenue	5,227	118
Accounts payable	(2,004)	(3,520)
Income taxes	(3,465)	16,607
Accrued expenses	(294)	(6,943)
Net cash provided by operating activities	98,761	149,399
Cash flows from investing activities:
Acquisition of property and equipment	(34,553)	(70,630)
Acquisition of businesses	0	(3,862)
Proceeds from sale of investment in affiliate	8,126	0
Net cash used in investing activities	(26,427)	(74,492)
Cash flows from financing activities:
Proceeds from revolving credit facility	330,000	286,873
Repayments of revolving credit facility	(110,000)	(263,343)
Borrowings from (payments to) restricted funds	(6,533)	12,288
Repurchases of common stock	(312,249)	(99,981)
Other financing activities	(1,715)	(1,065)
Issuance of common stock	2,570	1,960
Excess tax benefit from stock issuance	0	35
Tax payments for restricted stock units	(3,796)	(9,172)
Net cash used in financing activities	(101,723)	(72,405)
Effect of exchange rate changes on cash	64	(87)
Net increase (decrease) in cash	(29,325)	2,415
Cash at beginning of period	49,266	11,220
Cash at end of period	$ 19,941	$ 13,635

Basis of Financial Statement Pr

Basis of Financial Statement Presentation	6 Months Ended
	Jun. 25, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation The consolidated financial statements as of June 25, 2017 and December 25, 2016 , and for the three- and six -month periods ended June 25, 2017 and June 26, 2016 have been prepared by Buffalo Wild Wings, Inc. pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). The financial information as of June 25, 2017 and for the three- and six -month periods ended June 25, 2017 and June 26, 2016 is unaudited, but, in the opinion of management, reflects all adjustments and accruals necessary for a fair presentation of the financial position, results of operations, and cash flows for the interim periods. References in the remainder of this document to “the Company,” “we,” “us” and “our” refer to the business of Buffalo Wild Wings, Inc. and its wholly and majority owned subsidiaries. We operate Buffalo Wild Wings ® and R Taco ® restaurants, as well as sell Buffalo Wild Wings and R Taco restaurant franchises. In exchange for initial and continuing franchise fees, we give franchisees the right to use the brand names. We operate as a single segment for reporting purposes. At June 25, 2017 and June 26, 2016 , we operated 635 and 609 company-owned restaurants, respectively, and had 624 and 596 franchised restaurants, respectively. The financial information as of December 25, 2016 is derived from our audited consolidated financial statements and notes thereto for the fiscal year ended December 25, 2016 , which are included in Part II, Item 8, of our Annual Report on Form 10-K for the fiscal year ended December 25, 2016 , and should be read in conjunction with such financial statements. The results of operations for the three- and six -month periods ended June 25, 2017 are not necessarily indicative of the results of operations that may be achieved for the entire year ending December 31, 2017 .

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 25, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Our significant accounting policies are disclosed in Part II, Item 8, of our Annual Report on Form 10-K for the fiscal year ended December 25, 2016 . In 2017, we completed our implementation of a customer loyalty program, Blazin' Rewards ® . The program allows members to earn points when they make purchases at our restaurants. We record the retail value of the points as a reduction of restaurant sales and establish a liability within deferred revenue as the points are earned. The revenue associated with the points is recognized upon the earlier of redemption or expiration of the points. Points generally expire after six months of inactivity. There have been no other significant changes in our accounting policies since December 25, 2016 . Recently Issued Accounting Standards In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09 “Revenue with Contracts from Customers (Topic 606).” ASU 2014-09 supersedes the current revenue recognition guidance, including industry-specific guidance. The guidance introduces a five-step model to achieve its core principal of the entity recognizing revenue to depict the transfer of goods or services to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In March 2016, the FASB issued ASU 2016-04, “Liabilities - Extinguishments of Liabilities: Recognition of Breakage for Certain Prepaid Stored-Value Products.” ASU 2016-04 provides specific guidance for the derecognition of prepaid stored-value product liabilities. In March 2016, the FASB issued ASU 2016-08, “Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross versus Net).” ASU 2016-08 provides specific guidance to determine whether an entity is providing a specified good or service itself or is arranging for the good or service to be provided by another party. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing.” ASU 2016-10 provides clarification on the subjects of identifying performance obligations and licensing implementation guidance. The requirements for these standards relating to Topic 606 will be effective for interim and annual periods beginning after December 15, 2017. The Company expects to adopt these standards upon their effective date. We do not expect the new revenue recognition standard to materially impact our recognition of restaurant sales from company-owned restaurants or our recognition of continuing royalty fees from franchisees. We expect adoption of the new revenue recognition standard to materially impact our accounting for advertising fees charged to franchisees and other transactions involving our advertising and gift card funds. Upon the adoption of Topic 606, we expect to present advertising contributions received from franchisees as revenue and to record all expenses of the national advertising fund as incurred and therefore expect that this will increase revenues and expenses on our consolidated statements of earnings. We currently record contributions to the national advertising fund related to company-owned restaurants as expenses when contributed. We also expect the adoption of Topic 606 to impact our accounting for initial franchise fees. Currently, we recognize revenue from initial franchise fees upon the opening of a franchised restaurant when we have performed all of our material obligations and initial services. Upon the adoption of Topic 606, we expect to recognize the revenue related to initial franchise fees over the term of the related franchise agreement. We are in the process of implementing this standard as we have drafted certain accounting policies. We will be finalizing accounting policies, selecting our transition method, quantifying the impact of adopting this standard, and designing internal controls during the fiscal year ended December 31, 2017 . We are currently unable to estimate the impact on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases.” ASU 2016-02 requires for lease arrangements spanning more than 12 months, an entity to recognize an asset and liability. The updated guidance is effective for interim and annual periods beginning after December 15, 2018, and early adoption is permitted. We believe the adoption of ASU 2016-02 will materially impact our consolidated financial statements by significantly increasing our non-current assets and non-current liabilities on our consolidated balance sheets in order to record the right of use assets and related lease liabilities for our existing operating leases. Operating leases comprise the majority of our current lease portfolio. In regards to implementation, we are currently reviewing the accounting standard. We are currently unable to estimate the impact on our consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, “Compensation - Stock Compensation: Scope of Modification Accounting.” ASU 2017-09 provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The updated guidance is effective for interim and annual periods beginning after December 15, 2017, and early adoption is permitted. We do not believe the updated requirements will materially impact our consolidated financial statements. We reviewed all other recently issued accounting pronouncements and concluded they are not applicable or not expected to be material to our financial statements.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 25, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to the valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under Accounting Standards Codification 820 are described as follows: • Level 1 – Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Company has the ability to access. • Level 2 – Inputs to the valuation methodology include: ◦ Quoted prices for similar assets or liabilities in active markets ◦ Quoted prices for identical or similar assets or liabilities in inactive markets ◦ Inputs other than quoted prices that are observable for the asset or liability ◦ Inputs that are derived principally from or corroborated by observable market data by correlation or other means If the asset or liability has a specified (contractual) term, the level 2 input must be observable for substantially the full term of the asset or liability. • Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement. The asset or liability's fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques maximize the use of relevant observable inputs and minimize the use of unobservable inputs. The following table summarizes the financial instruments measured at fair value on a recurring basis in our consolidated balance sheet as of June 25, 2017 : Fair Value Measurements Level 1 Level 2 Level 3 Total Assets Deferred Compensation - Mutual Funds $ 10,227 — — 10,227 Liabilities Deferred Compensation - Mutual Funds 9,489 — — 9,489 The following table summarizes the financial instruments measured at fair value on a recurring basis in our consolidated balance sheet as of December 25, 2016 : Fair Value Measurements Level 1 Level 2 Level 3 Total Assets Deferred Compensation - Mutual Funds $ 9,134 — — 9,134 Contingent Consideration — — 2,140 2,140 Liabilities Deferred Compensation - Mutual Funds 9,014 — — 9,014 Our deferred compensation assets and liabilities were composed of investments held for future needs of our non-qualified deferred compensation plan and are reported at fair market value, using the “market approach” valuation method. The “market approach” valuation method uses prices and other relevant information observable in market transactions involving identical assets and is a Level 1 approach. Our contingent consideration assets represented amounts due related to a fiscal year 2015 acquisition. These assets were initially valued using a Level 3 approach that utilized an option pricing model and the projected future performance of certain restaurants we acquired, and the valuation was updated for the actual performance of the restaurants. Estimates of fair value are inherently uncertain and represent only management's reasonable expectation regarding future developments. These estimates and the judgments and assumptions upon which the estimates are based will, in all likelihood, differ in some respects from actual future results. The following table summarizes the activity within Level 3 instruments: Three months ended Six months ended June 25, June 26, 2016 June 25, June 26, Beginning balance $ 1,970 (445 ) 2,140 (1,551 ) Mark to market adjustment (189 ) — (359 ) 1,106 Transfers out of Level 3 (a) (1,781 ) — (1,781 ) — Ending balance $ — (445 ) — (445 ) (a) The Company's policy is to recognize transfers in and out of Level 3 as of the date of the event or circumstances that caused the transfer. Adjustments to the contingent consideration assets and liabilities are recognized in other expense (income) on the consolidated statements of earnings. There were no significant transfers between the levels of the fair value hierarchy during either of the six -month periods ended June 25, 2017 or June 26, 2016 . Non-financial assets and liabilities that are measured at fair value on a non-recurring basis For purposes of our impairment analysis, we generally estimate long-lived asset fair values, including property, plant and equipment and leasehold improvements, using the income approach. The inputs used to determine fair value relate primarily to future assumptions regarding restaurant sales and profitability and our discount rate assumption. These inputs are categorized as Level 3 inputs. The inputs used represent management’s assumptions about what information market participants would use in pricing the assets and are based upon the best information available at the balance sheet date. During the three months ended June 25, 2017 and June 26, 2016 , we recorded impairment charges of $1,676 and $0 , respectively, for our underperforming restaurants in the loss on asset disposals and impairment line item on our consolidated statements of earnings. During the six months ended June 25, 2017 and June 26, 2016 , we recorded impairment charges of $2,871 and $0 , respectively.

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 25, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consisted of the following: June 25, December 25, Construction in process $ 21,170 19,120 Buildings 100,332 100,974 Capital leases and buildings under deemed landlord financing 31,467 29,840 Furniture, fixtures, and equipment 391,458 386,233 Leasehold improvements 621,874 614,307 Property and equipment, gross 1,166,301 1,150,474 Less accumulated depreciation (614,984 ) (557,668 ) Property and equipment, net $ 551,317 592,806 As of June 25, 2017 and December 25, 2016 , we recorded assets under capital leases of $23,701 and $22,074 , respectively and related accumulated amortization of $4,653 and $3,422 , respectively. Amortization expense under capital leases is included within depreciation and amortization on the Consolidated Statements of Earnings. Depreciation expense for the three-month periods ending June 25, 2017 and June 26, 2016 was $32,871 and $31,841 , respectively. Depreciation expense for the six-month periods ending June 25, 2017 and June 26, 2016 was $66,436 and $66,393 , respectively.

Reacquired Franchise Rights

Reacquired Franchise Rights	6 Months Ended
	Jun. 25, 2017
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Reacquired Franchise Rights	Reacquired Franchise Rights Reacquired franchise rights consisted of the following: June 25, December 25, Reacquired franchise rights $ 153,870 153,870 Accumulated amortization (41,522 ) (34,897 ) Reacquired franchise rights, net $ 112,348 118,973 Amortization expense is primarily related to amortization of reacquired franchise rights, and also includes amortization of capital lease assets and software licenses. Amortization expense for the three-month periods ended June 25, 2017 and June 26, 2016 was $5,232 and $6,112 , respectively. Amortization expense for the six -month periods ended June 25, 2017 and June 26, 2016 was $10,544 and $9,109 , respectively.

Long-Term Debt and Capital Leas

Long-Term Debt and Capital Lease Obligations	6 Months Ended
	Jun. 25, 2017
Debt Disclosure [Abstract]
Long-Term Debt and Capital Lease Obligations	Long-Term Debt and Capital Lease Obligations Our long-term debt and capital lease obligations consisted of the following: Average interest rate for the six months ended June 25, 2017 Maturity June 25, December 25, 2016 Revolving credit facility 2.2% October 2021 $ 390,000 170,000 Capital lease and deemed landlord financing obligations 8.9% Various through November 2030 39,673 39,057 Total debt and capital lease obligations 429,673 209,057 Less current maturities (3,599 ) (3,745 ) Total long-term debt and capital lease obligations $ 426,074 205,312 On October 6, 2016, we terminated our then-existing revolving credit facility and entered into a new credit agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association and other lenders. The Credit Agreement provides the Company with a committed $700,000 unsecured revolving credit facility, which expires on October 6, 2021. The revolving credit facility includes a letter of credit subfacility of $40,000 and a swingline loan of $20,000 . Amounts borrowed on the revolving credit facility bear interest at either a base rate as set forth in the Credit Agreement plus an applicable margin ranging between 0.00% and 0.75% , or a LIBOR rate plus an applicable margin ranging between 1.00% and 1.75% , at the Company's option. The applicable margins are based on our consolidated total leverage ratio. We also pay a commitment fee ranging from 0.125% to 0.250% on the average unused portion of the facility at a rate per annum based on our consolidated total leverage ratio. As defined in our Credit Agreement, our consolidated total leverage ratio is calculated, as of any date of determination, as our consolidated funded indebtedness on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters ending on or immediately prior to such date. Consolidated funded indebtedness is defined as sum of all interest-bearing indebtedness of the Company. As of June 25, 2017 , our consolidated total leverage ratio was 1.57 . The Credit Agreement also contains covenants that require us to maintain certain financial ratios, including consolidated coverage and consolidated total leverage. The Credit Agreement also contains other customary affirmative and negative covenants. As of June 25, 2017 , we were in compliance with all of these covenants.

Stockholder's Equity

Stockholder's Equity	6 Months Ended
	Jun. 25, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stockholder's Equity	Stockholders' Equity During the six -month period ended June 25, 2017 , we repurchased 2,022,488 shares of our common stock at an aggregate purchase price of $312,249 . The repurchased shares were concurrently retired and credited to authorized but unissued stock as we are able to reissue these shares. The repurchase of these shares and other activity resulted in a decrease in common stock of $13,371 and a decrease in retained earnings of $298,878 . The shareholders of the Company approved the Company’s 2017 Incentive Compensation Plan (the “2017 Plan”) on June 2, 2017 (the “Approval Date”). The Company’s authority to grant new awards under the 2012 Equity Incentive Plan ( the “2012 Plan”) terminated upon shareholder approval of the 2017 Plan on the Approval Date. The number of shares of our common stock that may be the subject of awards and issued under the 2017 Plan was initially 2,250,000 , less the number of shares granted under the 2012 Plan after December 25, 2016 and before the Approval Date. Shares subject to awards outstanding under the 2012 Plan or the 2003 Equtiy Incentive Plan, as amended, that expire, are forfeited, or settled in cash on or after December 26, 2016, will become available for grant under the 2017 Plan. The Plan had 1,864,993 shares available for grant as of June 25, 2017 . Stock Options The exercise price for stock options issued under the Plan is to be not less than the fair market value on the date of grant with respect to incentive and nonqualified stock options. Incentive stock options vest in 4 equal annual installments from the date of grant and have a contractual life of seven years. Nonqualified stock options issued pursuant to the Plan have a four -year vesting period, which vest in ratable annual installments, and have a contractual life of seven years. Incentive stock options may be granted under this plan until March 12, 2022. We issue new shares of common stock upon the exercise of stock options. Option activity for the six months ended June 25, 2017 is summarized as follows: Number of shares Weighted average exercise price Average remaining contractual life (years) Aggregate intrinsic value Outstanding, December 25, 2016 145,624 $ 129.89 4.1 $ 5,076 Granted 51,795 145.85 Exercised (12,761 ) 95.90 Cancelled (7,089 ) 161.99 Outstanding, June 25, 2017 177,569 $ 135.71 4.5 $ 2,099 Exercisable, June 25, 2017 82,118 $ 116.49 2.9 $ 2,099 The aggregate intrinsic value in the table above is before applicable income taxes, based on our closing stock price of $127.35 as of the last business day of the six -month period ended June 25, 2017 , which would have been received by the optionees had all options been exercised and sold on that date. As of June 25, 2017 , total unrecognized stock-based compensation expense related to nonvested stock options was approximately $2,265 , which is expected to be recognized over a weighted average period of approximately 2.7 years . During the six -month periods ended June 25, 2017 and June 26, 2016 , the total intrinsic value of stock options exercised was $714 and $563 , respectively. During the six -month periods ended June 25, 2017 and June 26, 2016 , the weighted average grant date fair value of options was $45.90 and $47.67 , respectively. No options vested during either of the six -month periods ended June 25, 2017 or June 26, 2016 . Restricted Stock Units Restricted stock units are granted annually under the Plan at the discretion of the Compensation Committee of our Board of Directors. We grant restricted stock units subject to service conditions (“time-based”) as well as units subject to both service and performance conditions (“performance-based”). Our performance-based restricted stock units are granted subject to a three -year cliff vesting and cumulative three -year financial targets. Our time-based restricted stock units are generally granted subject to a two -year graded vesting schedule. The number of performance-based restricted stock units that vest at the end of the three-year period is based on actual performance against the targets. These restricted stock units are subject to forfeiture if they have not vested at the end of the three -year period. Stock-based compensation is recognized for the number of units expected to vest at the end of the period and is expensed beginning on the grant date through the end of the performance period. For each performance-based grant, restricted stock units meeting the performance criteria will vest as of the end of the third fiscal year in the performance period, subject to a Plan-specified maximum number of shares that may be issued to any individual in any year in settlement of restricted stock units. The distribution of vested restricted stock units as common stock typically occurs in March of the following year. The common stock is issued to participants net of the number of shares required for employee withholding taxes, which can be withheld between the relevant jurisdiction's minimum and maximum statutory rates. We issue new shares of common stock upon the disbursement of restricted stock units. Restricted stock units are contingently issuable shares, and the activity for the six months ended June 25, 2017 was as follows: Number of shares Weighted average grant date fair value Outstanding, December 25, 2016 202,047 $ 160.03 Granted 194,256 154.03 Cancelled (24,107 ) 161.37 Outstanding, June 25, 2017 372,196 $ 156.81 As of June 25, 2017 , the total stock-based compensation expense related to nonvested awards not yet recognized was $12,008 , which is expected to be recognized over a weighted average period of 2.0 years. The weighted average grant date fair value of restricted stock units granted during the six -month periods ended June 25, 2017 and June 26, 2016 was $154.03 and $146.95 , respectively. No shares of restricted stock vested during the six-month periods ended June 25, 2017 and June 26, 2016 . During the six -month periods ended June 25, 2017 and June 26, 2016 , we recognized $1,742 and $1,079 , respectively, of stock-based compensation expense related to restricted stock units. Employee Stock Purchase Plan We have reserved 600,000 shares of common stock for issuance under our Employee Stock Purchase Plan (ESPP). The ESPP is available to substantially all employees subject to employment eligibility requirements. Participants may purchase our common stock at 85% of the beginning or ending closing price, whichever is lower, for each six-month period ending in May and November. During the six -month periods ended June 25, 2017 , and June 26, 2016 , we issued 9,942 and 12,857 shares of common stock, respectively, under the ESPP. As of June 25, 2017 , we had 151,197 shares available for future issuance under the ESPP.

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 25, 2017
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share The following is a reconciliation of basic and fully diluted earnings per common share for the three- and six -month periods ended June 25, 2017 and June 26, 2016 : Three Months Ended June 25, 2017 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 8,782 Earnings per common share 8,782 15,983,236 $ 0.55 Effect of dilutive securities – stock options — 21,312 Effect of dilutive securities – restricted stock units — 43,598 Earnings per common share – assuming dilution $ 8,782 16,048,146 $ 0.55 Three Months Ended June 26, 2016 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 23,702 Earnings per common share 23,702 18,604,746 $ 1.27 Effect of dilutive securities – stock options — 31,052 Earnings per common share – assuming dilution $ 23,702 18,635,798 $ 1.27 Six Months Ended June 25, 2017 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 30,331 Earnings per common share 30,331 16,573,288 $ 1.83 Effect of dilutive securities – stock options — 22,609 Effect of dilutive securities – restricted stock units — 23,119 Earnings per common share – assuming dilution $ 30,331 16,619,016 $ 1.83 Six Months Ended June 26, 2016 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 56,475 Earnings per common share 56,475 18,763,812 $ 3.01 Effect of dilutive securities – stock options — 33,017 Earnings per common share – assuming dilution $ 56,475 18,796,829 $ 3.00 The following is a summary of those securities outstanding at the end of the respective periods, which have been excluded from the fully diluted calculations because the effect on net earnings per common share would have been anti-dilutive or were performance-based restricted stock units for which the performance criteria had not yet been met: Three months ended Six months ended June 25, June 26, June 25, June 26, Stock options 127,647 83,952 103,747 66,983 Restricted stock units 294,698 296,048 294,698 296,048

Supplemental Disclosures of Cas

Supplemental Disclosures of Cash Flow Information	6 Months Ended
	Jun. 25, 2017
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosures of Cash Flow Information	Supplemental Disclosures of Cash Flow Information Six months ended June 25, June 26, Cash paid during the period for: Income taxes $ 22,036 4,934 Interest 5,125 1,682 Noncash financing and investing transactions: Decrease in property and equipment not yet paid for 5,923 61 Increase in deemed owner assets and obligations 161 2,383 Increase in other assets and liabilities from hosted software arrangements — 1,550 Increase in capital lease assets and obligations 1,631 —

Contingencies

Contingencies	6 Months Ended
	Jun. 25, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies On June 2, 2015, two of our former employees (the “plaintiffs”) filed a collective action under the Fair Labor Standards Act (“FLSA”) and putative class action under New York state law against us in the United States District Court for the Western District of New York. The claim alleges that we have a policy or procedure requiring employees who receive compensation in part through tip credits to perform work that is ineligible for tip credit compensation at a tip credit rate in violation of the FLSA and New York state law. On September 27, 2016, the plaintiffs amended their complaint to include putative class action claims under the laws of seven additional states: Arizona, Colorado, Florida, Illinois, Iowa, Pennsylvania and Wisconsin. We intend to vigorously defend this lawsuit. We believe there is a reasonable possibility of loss related to these claims; however, given the early stage of the case, we are currently unable to determine the potential range of exposure, if any. In addition to the litigation described above, we are involved in various other legal matters arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these other matters will not have a material adverse effect on our consolidated financial position, results of operations, or cash flows.

Sale of investment in affiliate

Sale of investment in affiliate	6 Months Ended
	Jun. 25, 2017
Equity Method Investments and Joint Ventures [Abstract]
Sale of investment in affiliate	Sale of investment in affiliate On May 22, 2017, we sold our investment in an affiliate, Pie Squared Holdings, and recorded a gain of $5,692 before income taxes. This gain is included in other expense (income) on our consolidated statement of earnings.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 25, 2017
Accounting Policies [Abstract]
Recently Issued Accounting Standards	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09 “Revenue with Contracts from Customers (Topic 606).” ASU 2014-09 supersedes the current revenue recognition guidance, including industry-specific guidance. The guidance introduces a five-step model to achieve its core principal of the entity recognizing revenue to depict the transfer of goods or services to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In March 2016, the FASB issued ASU 2016-04, “Liabilities - Extinguishments of Liabilities: Recognition of Breakage for Certain Prepaid Stored-Value Products.” ASU 2016-04 provides specific guidance for the derecognition of prepaid stored-value product liabilities. In March 2016, the FASB issued ASU 2016-08, “Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross versus Net).” ASU 2016-08 provides specific guidance to determine whether an entity is providing a specified good or service itself or is arranging for the good or service to be provided by another party. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing.” ASU 2016-10 provides clarification on the subjects of identifying performance obligations and licensing implementation guidance. The requirements for these standards relating to Topic 606 will be effective for interim and annual periods beginning after December 15, 2017. The Company expects to adopt these standards upon their effective date. We do not expect the new revenue recognition standard to materially impact our recognition of restaurant sales from company-owned restaurants or our recognition of continuing royalty fees from franchisees. We expect adoption of the new revenue recognition standard to materially impact our accounting for advertising fees charged to franchisees and other transactions involving our advertising and gift card funds. Upon the adoption of Topic 606, we expect to present advertising contributions received from franchisees as revenue and to record all expenses of the national advertising fund as incurred and therefore expect that this will increase revenues and expenses on our consolidated statements of earnings. We currently record contributions to the national advertising fund related to company-owned restaurants as expenses when contributed. We also expect the adoption of Topic 606 to impact our accounting for initial franchise fees. Currently, we recognize revenue from initial franchise fees upon the opening of a franchised restaurant when we have performed all of our material obligations and initial services. Upon the adoption of Topic 606, we expect to recognize the revenue related to initial franchise fees over the term of the related franchise agreement. We are in the process of implementing this standard as we have drafted certain accounting policies. We will be finalizing accounting policies, selecting our transition method, quantifying the impact of adopting this standard, and designing internal controls during the fiscal year ended December 31, 2017 . We are currently unable to estimate the impact on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases.” ASU 2016-02 requires for lease arrangements spanning more than 12 months, an entity to recognize an asset and liability. The updated guidance is effective for interim and annual periods beginning after December 15, 2018, and early adoption is permitted. We believe the adoption of ASU 2016-02 will materially impact our consolidated financial statements by significantly increasing our non-current assets and non-current liabilities on our consolidated balance sheets in order to record the right of use assets and related lease liabilities for our existing operating leases. Operating leases comprise the majority of our current lease portfolio. In regards to implementation, we are currently reviewing the accounting standard. We are currently unable to estimate the impact on our consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, “Compensation - Stock Compensation: Scope of Modification Accounting.” ASU 2017-09 provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The updated guidance is effective for interim and annual periods beginning after December 15, 2017, and early adoption is permitted. We do not believe the updated requirements will materially impact our consolidated financial statements. We reviewed all other recently issued accounting pronouncements and concluded they are not applicable or not expected to be material to our financial statements.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 25, 2017
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis	The following table summarizes the financial instruments measured at fair value on a recurring basis in our consolidated balance sheet as of June 25, 2017 : Fair Value Measurements Level 1 Level 2 Level 3 Total Assets Deferred Compensation - Mutual Funds $ 10,227 — — 10,227 Liabilities Deferred Compensation - Mutual Funds 9,489 — — 9,489 The following table summarizes the financial instruments measured at fair value on a recurring basis in our consolidated balance sheet as of December 25, 2016 : Fair Value Measurements Level 1 Level 2 Level 3 Total Assets Deferred Compensation - Mutual Funds $ 9,134 — — 9,134 Contingent Consideration — — 2,140 2,140 Liabilities Deferred Compensation - Mutual Funds 9,014 — — 9,014
Schedule of Changes in Assets Measured on Recurring Basis with Unobservable Inputs	The following table summarizes the activity within Level 3 instruments: Three months ended Six months ended June 25, June 26, 2016 June 25, June 26, Beginning balance $ 1,970 (445 ) 2,140 (1,551 ) Mark to market adjustment (189 ) — (359 ) 1,106 Transfers out of Level 3 (a) (1,781 ) — (1,781 ) — Ending balance $ — (445 ) — (445 ) (a) The Company's policy is to recognize transfers in and out of Level 3 as of the date of the event or circumstances that caused the transfer.
Schedule of Changes in Liabilities Measured on Recurring Basis with Unobservable Inputs	The following table summarizes the activity within Level 3 instruments: Three months ended Six months ended June 25, June 26, 2016 June 25, June 26, Beginning balance $ 1,970 (445 ) 2,140 (1,551 ) Mark to market adjustment (189 ) — (359 ) 1,106 Transfers out of Level 3 (a) (1,781 ) — (1,781 ) — Ending balance $ — (445 ) — (445 ) (a) The Company's policy is to recognize transfers in and out of Level 3 as of the date of the event or circumstances that caused the transfer.

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 25, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property and equipment consisted of the following: June 25, December 25, Construction in process $ 21,170 19,120 Buildings 100,332 100,974 Capital leases and buildings under deemed landlord financing 31,467 29,840 Furniture, fixtures, and equipment 391,458 386,233 Leasehold improvements 621,874 614,307 Property and equipment, gross 1,166,301 1,150,474 Less accumulated depreciation (614,984 ) (557,668 ) Property and equipment, net $ 551,317 592,806

Reacquired Franchise Rights (Ta

Reacquired Franchise Rights (Tables)	6 Months Ended
	Jun. 25, 2017
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Schedule of Reacquired Franchise Rights	Reacquired franchise rights consisted of the following: June 25, December 25, Reacquired franchise rights $ 153,870 153,870 Accumulated amortization (41,522 ) (34,897 ) Reacquired franchise rights, net $ 112,348 118,973

Long-Term Debt and Capital Le22

Long-Term Debt and Capital Lease Obligations (Tables)	6 Months Ended
	Jun. 25, 2017
Debt Disclosure [Abstract]
Schedule of Line of Credit Facilities	Our long-term debt and capital lease obligations consisted of the following: Average interest rate for the six months ended June 25, 2017 Maturity June 25, December 25, 2016 Revolving credit facility 2.2% October 2021 $ 390,000 170,000 Capital lease and deemed landlord financing obligations 8.9% Various through November 2030 39,673 39,057 Total debt and capital lease obligations 429,673 209,057 Less current maturities (3,599 ) (3,745 ) Total long-term debt and capital lease obligations $ 426,074 205,312

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 25, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Activity	Option activity for the six months ended June 25, 2017 is summarized as follows: Number of shares Weighted average exercise price Average remaining contractual life (years) Aggregate intrinsic value Outstanding, December 25, 2016 145,624 $ 129.89 4.1 $ 5,076 Granted 51,795 145.85 Exercised (12,761 ) 95.90 Cancelled (7,089 ) 161.99 Outstanding, June 25, 2017 177,569 $ 135.71 4.5 $ 2,099 Exercisable, June 25, 2017 82,118 $ 116.49 2.9 $ 2,099
Restricted Stock and Restricted Stock Units Activity	Restricted stock units are contingently issuable shares, and the activity for the six months ended June 25, 2017 was as follows: Number of shares Weighted average grant date fair value Outstanding, December 25, 2016 202,047 $ 160.03 Granted 194,256 154.03 Cancelled (24,107 ) 161.37 Outstanding, June 25, 2017 372,196 $ 156.81

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 25, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following is a reconciliation of basic and fully diluted earnings per common share for the three- and six -month periods ended June 25, 2017 and June 26, 2016 : Three Months Ended June 25, 2017 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 8,782 Earnings per common share 8,782 15,983,236 $ 0.55 Effect of dilutive securities – stock options — 21,312 Effect of dilutive securities – restricted stock units — 43,598 Earnings per common share – assuming dilution $ 8,782 16,048,146 $ 0.55 Three Months Ended June 26, 2016 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 23,702 Earnings per common share 23,702 18,604,746 $ 1.27 Effect of dilutive securities – stock options — 31,052 Earnings per common share – assuming dilution $ 23,702 18,635,798 $ 1.27 Six Months Ended June 25, 2017 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 30,331 Earnings per common share 30,331 16,573,288 $ 1.83 Effect of dilutive securities – stock options — 22,609 Effect of dilutive securities – restricted stock units — 23,119 Earnings per common share – assuming dilution $ 30,331 16,619,016 $ 1.83 Six Months Ended June 26, 2016 Earnings (numerator) Shares (denominator) Per-share amount Net earnings attributable to Buffalo Wild Wings $ 56,475 Earnings per common share 56,475 18,763,812 $ 3.01 Effect of dilutive securities – stock options — 33,017 Earnings per common share – assuming dilution $ 56,475 18,796,829 $ 3.00
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following is a summary of those securities outstanding at the end of the respective periods, which have been excluded from the fully diluted calculations because the effect on net earnings per common share would have been anti-dilutive or were performance-based restricted stock units for which the performance criteria had not yet been met: Three months ended Six months ended June 25, June 26, June 25, June 26, Stock options 127,647 83,952 103,747 66,983 Restricted stock units 294,698 296,048 294,698 296,048

Supplemental Disclosures of C25

Supplemental Disclosures of Cash Flow Information (Tables)	6 Months Ended
	Jun. 25, 2017
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Six months ended June 25, June 26, Cash paid during the period for: Income taxes $ 22,036 4,934 Interest 5,125 1,682 Noncash financing and investing transactions: Decrease in property and equipment not yet paid for 5,923 61 Increase in deemed owner assets and obligations 161 2,383 Increase in other assets and liabilities from hosted software arrangements — 1,550 Increase in capital lease assets and obligations 1,631 —

Basis of Financial Statement 26

Basis of Financial Statement Presentation (Details) - restaurant	Jun. 25, 2017	Jun. 26, 2016
Company Owned
Real Estate Properties [Line Items]
Number of Restaurants	635	609
Franchise
Real Estate Properties [Line Items]
Number of Restaurants	624	596

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value Measurements - USD ($)	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016	Dec. 25, 2016
Fair Value Measurements (Details) - Fair Value Measurements [Line Items]
Deferred compensation, asset	$ 10,227,000		$ 10,227,000		$ 9,134,000
Contingent consideration, asset					2,140,000
Deferred compensation, liability	9,489,000		9,489,000		9,014,000
Fair Value, Changes In Liabilities Measured At Level 3 Fair Value Hierarchy [Roll Forward]
Asset impairment charges	1,676,000	$ 0	2,871,000	$ 0
Level 1
Fair Value Measurements (Details) - Fair Value Measurements [Line Items]
Deferred compensation, asset	10,227,000		10,227,000		9,134,000
Contingent consideration, asset					0
Deferred compensation, liability	9,489,000		9,489,000		9,014,000
Level 2
Fair Value Measurements (Details) - Fair Value Measurements [Line Items]
Deferred compensation, asset	0		0		0
Contingent consideration, asset					0
Deferred compensation, liability	0		0		0
Level 3
Fair Value Measurements (Details) - Fair Value Measurements [Line Items]
Deferred compensation, asset	0		0		0
Contingent consideration, asset					2,140,000
Deferred compensation, liability	0		0		$ 0
Fair Value, Changes In Liabilities Measured At Level 3 Fair Value Hierarchy [Roll Forward]
Beginning balance	1,970,000	(445,000)	2,140,000	(1,551,000)
Mark to market adjustment	(189,000)	0	(359,000)	1,106,000
Transfers out of Level 3	(1,781,000)	0	(1,781,000)	0
Ending balance	$ 0	$ (445,000)	$ 0	$ (445,000)

Property and Equipment (Details

Property and Equipment (Details) - Property and Equipment - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016	Dec. 25, 2016
Property, Plant and Equipment [Abstract]
Construction in process	$ 21,170		$ 21,170		$ 19,120
Buildings	100,332		100,332		100,974
Capital leases and buildings under deemed landlord financing	31,467		31,467		29,840
Furniture, fixtures, and equipment	391,458		391,458		386,233
Leasehold improvements	621,874		621,874		614,307
Property and equipment, gross	1,166,301		1,166,301		1,150,474
Less accumulated depreciation	(614,984)		(614,984)		(557,668)
Property and equipment, net	551,317		551,317		592,806
Assets under capital lease	23,701		23,701		22,074
Amortization of capital leases	4,653		4,653		$ 3,422
Depreciation expense	$ 32,871	$ 31,841	$ 66,436	$ 66,393

Reacquired Franchise Rights (De

Reacquired Franchise Rights (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016	Dec. 25, 2016
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 5,232	$ 6,112	$ 10,544	$ 9,109
Franchise Rights
Finite-Lived Intangible Assets [Line Items]
Reacquired franchise rights	153,870		153,870		$ 153,870
Accumulated amortization	(41,522)		(41,522)		(34,897)
Reacquired franchise rights, net	$ 112,348		$ 112,348		$ 118,973

Long-Term Debt and Capital Le30

Long-Term Debt and Capital Lease Obligations (Details) - USD ($)	Oct. 06, 2016	Jun. 25, 2017	Dec. 25, 2016
Revolving Credit Facility (Details) [Line Items]
Debt and capital lease obligations including current maturities		$ 429,673,000	$ 209,057,000
Less current maturities		(3,599,000)	(3,745,000)
Long-term debt and capital lease obligations, net of current portion		$ 426,074,000	205,312,000
Leverage ratio		157.00%
Revolving credit facility | Revolving Credit Facility
Revolving Credit Facility (Details) [Line Items]
Interest rate during period		2.20%
Debt and capital lease obligations including current maturities		$ 390,000,000	170,000,000
Revolving credit facility | Revolving Credit Facility | Minimum
Revolving Credit Facility (Details) [Line Items]
Commitment fee (as a percent)	0.125%
Revolving credit facility | Revolving Credit Facility | Maximum
Revolving Credit Facility (Details) [Line Items]
Commitment fee (as a percent)	0.25%
Revolving credit facility | Revolving Credit Facility | Base Rate | Minimum
Revolving Credit Facility (Details) [Line Items]
Basis spread on variable rate (as a percent)	0.00%
Revolving credit facility | Revolving Credit Facility | Base Rate | Maximum
Revolving Credit Facility (Details) [Line Items]
Basis spread on variable rate (as a percent)	0.75%
Revolving credit facility | Revolving Credit Facility | LIBOR | Minimum
Revolving Credit Facility (Details) [Line Items]
Basis spread on variable rate (as a percent)	1.00%
Revolving credit facility | Revolving Credit Facility | LIBOR | Maximum
Revolving Credit Facility (Details) [Line Items]
Basis spread on variable rate (as a percent)	1.75%
Revolving credit facility | Letter of Credit
Revolving Credit Facility (Details) [Line Items]
Line of credit facility	$ 40,000,000
Revolving credit facility | Swingline Loan Facility
Revolving Credit Facility (Details) [Line Items]
Line of credit facility	20,000
Capital lease and deemed landlord financing obligations
Revolving Credit Facility (Details) [Line Items]
Interest rate during period		8.90%
Debt and capital lease obligations including current maturities		$ 39,673,000	$ 39,057,000
Unsecured Debt | Revolving Credit Facility
Revolving Credit Facility (Details) [Line Items]
Line of credit facility	$ 700,000,000

Stockholders' Equity (Details)

Stockholders' Equity (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 25, 2017USD ($)installment$ / sharesshares	Jun. 26, 2016USD ($)$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shares repurchased and concurrently retired during period	2,022,488
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares repurchased and retired during period | $	$ 312,249
Closing stock price | $ / shares	$ 127.35
Weighted average grant date fair value of options (in dollars per share) | $ / shares	$ 45.90	$ 47.67
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual life of share based award	7 years
Nonvested stock awards, cost not yet recognized | $	$ 2,265
Nonvested stock awards, cost not yet recognized, period for recognition	2 years 8 months
Total intrinsic value of options exercised | $	$ 714	$ 563
Number of shares vested	0	0
Performance-based restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Performance period	3 years
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	2 years
Nonvested stock awards, cost not yet recognized | $	$ 12,008
Nonvested stock awards, cost not yet recognized, period for recognition	2 years
Number of shares vested	0	0
Expiration period (in years)	3 years
Restricted Stock Units, Granted, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 154.03	$ 146.95
Restricted Stock or Unit Expense | $	$ 1,742	$ 1,079
Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares reserved for issuance to employees	2,250,000
Shares available for grant	1,864,993
Equity Incentive Plan | Incentive Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of installments for stock incentive plans | installment	4
Equity Incentive Plan | Nonqualified Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Equity Incentive Plan | Nonqualified Stock Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual life of share based award	7 years
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares reserved for issuance to employees	600,000
Shares available for grant	151,197
Employee stock purchase plan, market price less discount (as a percent)	85.00%
Shares of common stock issued under the ESPP	9,942	12,857
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares repurchased and retired during period | $	$ 13,371
Retained Earnings
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares repurchased and retired during period | $	$ 298,878

Stockholder's Equity - Stock Op

Stockholder's Equity - Stock Options Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Dec. 25, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options Outstanding, Number of Shares Beginning of Period (in shares)	145,624
Options Granted in Period (in shares)	51,795
Options Exercises in Period (in shares)	(12,761)
Options Canceled in Period (in shares)	(7,089)
Options Outstanding, Number of Shares End of Period (in shares)	177,569
Options Exercisable, Number (in shares)	82,118
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Options Outstanding, Weighted Average Exercise Price Beginning of Period (in Dollars per share)	$ 129.89
Options Granted in Period, Weighted Average Exercise Price (in Dollars per share)	145.85
Options Exercised in Period, Weighted Average Exercise Price (in Dollars per share)	95.90
Options Canceled in Period, Weighted Average Exercise Price (in Dollars per share)	161.99
Options Outstanding, Weighted Average Exercise Price End of Period (in Dollars per share)	135.71
Options Exercisable, Weighted Average Exercise Price (in Dollars per share)	$ 116.49
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Options Outstanding, Weighted Average Remaining Contractual Term (in years)	4 years 5 months 22 days	4 years 1 month
Options Exercisable, Weighted Average Remaining Contractual Term (in years)	2 years 11 months 10 days
Options Outstanding, Intrinsic Value	$ 2,099		$ 5,076
Options Exercisable, Intrinsic Value	$ 2,099

Stockholder's Equity - Restrict

Stockholder's Equity - Restricted Stock Activity (Details) - Restricted stock units - $ / shares	6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted Stock Units Outstanding Beginning of Period (in shares)	202,047
Restricted Stock Units Granted (in shares)	194,256
Restricted Stock Units Cancelled (in shares)	(24,107)
Restricted Stock Units Outstanding End of Period (in shares)	372,196
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Restricted Stock Units Outstanding, Weighted Average Grant Date Fair Value, Beginning Balance (in dollars per share)	$ 160.03
Restricted Stock Units, Granted, Weighted Average Grant Date Fair Value (in dollars per share)	154.03	$ 146.95
Restricted Stock Units, Canceled, Weighted Average Grant Date Fair Value (in dollars per share)	161.37
Restricted Stock Units Outstanding, Weighted Average Grant Date Fair Value, Ending Balance (in dollars per share)	$ 156.81

Earnings Per Common Share - Rec

Earnings Per Common Share - Reconciliation of Basic and Fully Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Earnings Per Common Share (Details) - Reconciliation of Basic and Fully Diluted Earnings Per Common Share [Line Items]
Net earnings attributable to Buffalo Wild Wings	$ 8,782	$ 23,702	$ 30,331	$ 56,475
Net earnings to calculate earnings per share	$ 8,782	$ 23,702	$ 30,331	$ 56,475
Weighted average shares outstanding – basic (in Shares)	15,983,236	18,604,746	16,573,288	18,763,812
Earnings per common share – basic (in Dollars per share)	$ 0.55	$ 1.27	$ 1.83	$ 3.01
Effect of dilutive securities – stock options (in shares)			23,119
Earnings per common share – assuming dilution	$ 8,782	$ 23,702	$ 30,331	$ 56,475
Weighted average shares outstanding – diluted (in Shares)	16,048,146	18,635,798	16,619,016	18,796,829
Earnings per common share – diluted (in Dollars per share)	$ 0.55	$ 1.27	$ 1.83	$ 3
Stock options
Earnings Per Common Share (Details) - Reconciliation of Basic and Fully Diluted Earnings Per Common Share [Line Items]
Effect of dilutive securities – stock options (in shares)	21,312	31,052	22,609	33,017
Restricted stock units
Earnings Per Common Share (Details) - Reconciliation of Basic and Fully Diluted Earnings Per Common Share [Line Items]
Effect of dilutive securities – stock options (in shares)	43,598

Earnings Per Common Share - Sec

Earnings Per Common Share - Securities Excluded From Fully Diluted Calculations (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from fully diluted computations	127,647	83,952	103,747	66,983
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from fully diluted computations	294,698	296,048	294,698	296,048

Supplemental Disclosures of C36

Supplemental Disclosures of Cash Flow Information (Details) - Supplemental Disclosures of Cash Flow Information - USD ($) $ in Thousands	6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016
Income Taxes Paid
Cash paid for income taxes	$ 22,036	$ 4,934
Interest Paid
Cash paid for interest	5,125	1,682
Noncash financing and investing transactions:
Decrease in property and equipment not yet paid for	5,923	61
Increase in deemed owner assets and obligations	161	2,383
Increase in other assets and liabilities from hosted software arrangements	0	1,550
Increase in capital lease assets and obligations	$ 1,631	$ 0

Contingencies (Details)

Contingencies (Details) - FLSA, Collective Action	Sep. 27, 2016state	Jun. 02, 2015plaintiff
Guarantor Obligations [Line Items]
Number of plaintiffs in collective action | plaintiff		2
Number of additional states included in suit amendment | state	7

Sale of investment in affilia38

Sale of investment in affiliate (Details) $ in Thousands	May 22, 2017USD ($)
Pie Squared Holdings
Schedule of Equity Method Investments [Line Items]
Gain on sale of affiliate	$ 5,692