Cracker Barrel 2015 Annual Report Download - page 26

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24
To the Boardof Directors and Shareholders
of Cracker BarrelOld Country Store, Inc.
Lebanon, Tennessee
We have audited the accompanying consolidated balance sheets
of Cracker BarrelOld Country Store, Inc. and its subsidiaries
(the “Company”) as of July 31, 2015 and August 1, 2014, and
the related consolidated statementsof income, comprehensive
income, changes in shareholders’ equity, andcash owsfor
each ofthe three scal yearsin the period ended July 31, 2015.
ese nancial statements are the responsibilityof the
Company’smanagement. Our responsibility is to express an
opinion on these consolidated nancial statements based
on our audits.
We conducted our audits in accordance with the standards
of the PublicCompanyAccounting Oversight Board
(United States).ose standards require that we plan and
perform the audit to obtain reasonableassurance about
whether the nancial statements are free of materialmisstate-
ment. An audit includes examining, on a test basis,evidence
supporting the amounts and disclosures in the nancial
statements. An audit also includes assessingthe accounting
principles used andsignicant estimates made by
management, as well as evaluating the overallnancial
statement presentation. We believe that our audits provide a
reasonable basis for our opinion.
ReportOf Independent Registered Public Accounting Firm
CRACKER BARRELOLD COUNTRY STORE, INC.
In our opinion, such consolidated nancial statements
present fairly, in all materialrespects, the nancial position of
Cracker Barrel Old Country Store, Inc. and its subsidiaries
as of July 31, 2015 and August 1, 2014, and the results of
their operations and their cash owsfor each of the three
scal years in the period endedJuly 31, 2015, in conformity
with accounting principles generally acceptedin the
UnitedStates of America.
We have also audited, in accordance with the standards
of the PublicCompanyAccounting Oversight Board (United
States), the Company’s internal control over nancial
reporting as of July 31, 2015, based on the criteria established
in Internal Control – Integrated Framework(2013) issued by
the Commiee of Sponsoring Organizations of the Treadway
Commission and our report dated September 28, 2015
expressed an unqualied opinion on the Company’s internal
control over nancial reporting.
Nashville, Tennessee
September 28, 2015