Ulta 2011 Annual Report Download - page 45

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Item 9A. Controls and Procedures
Evaluation of Disclosure Controls and Procedures over Financial Reporting
We have established disclosure controls and procedures to ensure that material information relating to the
Company is made known to the officers who certify our financial reports and to the members of our senior
management and board of directors.
Based on management’s evaluation as of January 28, 2012, our Chief Executive Officer and Chief Financial
Officer have concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities Exchange Act of 1934) are effective to ensure that the information required to be disclosed
by us in our reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules
and forms, and that such information is accumulated and communicated to our management, including the Chief
Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required
disclosure.
Management’s Annual Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial
reporting for the Company. Internal control over financial reporting is a process designed by, or under the
supervision of the principal executive officer and principal financial officer and effected by the board of
directors, management and other personnel, to provide reasonable assurance regarding the reliability of our
financial reporting and the preparation of financial statements for external purposes in accordance with
accounting principles generally accepted in the United States of America.
Under the supervision and with the participation of our principal executive officer and our principal financial
officer, management evaluated the effectiveness of our internal control over financial reporting as of January 28,
2012, based on the criteria established in “Internal Control — Integrated Framework” issued by the Committee
of Sponsoring Organizations of the Treadway Commission (COSO). Based on this evaluation, our principal
executive officer and principal financial officer concluded that our internal controls over financial reporting were
effective as of January 28, 2012. Ernst & Young LLP, the independent registered public accounting firm that
audited our financial statements included in this Annual Report on Form 10-K, has audited the effectiveness of
our internal control over financial reporting as of January 28, 2012 and has issued the attestation report included
in Item 15 of this Annual Report on Form 10-K.
Changes in Internal Control over Financial Reporting
There were no changes to our internal controls over financial reporting during the three months ended
January 28, 2012 that have materially affected, or are reasonably likely to materially affect, our internal controls
over financial reporting.
Item 9B. Other Information
None.
41