Cabela’s review of its prior accounting policies did not impact the Company’s revenue, net income, total assets, stockholders equity, or earnings per share for any prior periods. However, it did impact the company’s statements of cash flow.
As a result of this review, the Company will file as soon as practicable a Form 10-Q/A for the first quarter of fiscal 2006 to restate its statements of cash flows for the three months ended April 1, 2006 and April 2, 2005 and a Form 10-K/A for the fiscal year ended December 31, 2005 to restate its balance sheet as of January 1, 2005 as well as its statements of cash flows for the fiscal years ended December 31, 2005, January 1, 2005 and January 3, 2004.
