Pep Boys 2013 Annual Report Download - page 108

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ITEM 8 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Stockholders of
The Pep Boys—Manny, Moe & Jack
Philadelphia, Pennsylvania
We have audited the accompanying consolidated balance sheets of The Pep Boys—Manny, Moe &
Jack and subsidiaries (the ‘‘Company’’) as of February 1, 2014 and February 2, 2013, and the related
consolidated statements of operations and comprehensive income, stockholders’ equity, and cash flows
for each of the three fiscal years in the period ended February 1, 2014. Our audits also included the
financial statement schedule listed in the Index at Item 15. These financial statements and financial
statement schedule are the responsibility of the Company’s management. Our responsibility is to
express an opinion on the financial statements and financial statement schedule based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting
Oversight Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial statement presentation. We
believe that our audits provide a reasonable basis for our opinion.
In our opinion, such consolidated financial statements present fairly, in all material respects, the
financial position of The Pep Boys—Manny, Moe & Jack and subsidiaries as of February 1, 2014 and
February 2, 2013, and the results of their operations and their cash flows for each of the three fiscal
years in the period ended February 1, 2014, in conformity with accounting principles generally accepted
in the United States of America. Also, 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.
We have also audited, in accordance with the standards of the Public Company Accounting
Oversight Board (United States), the Company’s internal control over financial reporting as of
February 1, 2014, based on the criteria established in Internal Control—Integrated Framework (1992)
issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report
dated April 17, 2014 expressed an unqualified opinion on the Company’s internal control over financial
reporting.
DELOITTE & TOUCHE LLP
Philadelphia, Pennsylvania
April 17, 2014
36