Cracker Barrel 2012 Annual Report Download - page 32

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To the Board of Directors and Shareholders
of Cracker Barrel Old Country Store, Inc.
Lebanon, Tennessee
We have audited the accompanying consolidated balance
sheets of Cracker Barrel Old Country Store, Inc. and subsid-
iaries (the “Company”) as of August 3, 2012 and July 29,
2011, and the related consolidated statements of income,
changes in shareholders’ equity, and cash ows for each of the
three scal years in the period ended August 3, 2012. ese
nancial statements are the responsibility of the Company’s
management. Our responsibility is to express an opinion on
these nancial statements based on our audits.
We conducted our audits in accordance with the standards
of the Public Company Accounting Oversight Board
(United States). ose standards require that we plan and
perform the audit to obtain reasonable assurance about
whether the nancial statements are free of material misstate-
ment. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the nancial
statements. An audit also includes assessing the accounting
principles used and signicant estimates made by
management, as well as evaluating the overall nancial
statement presentation. We believe that our audits provide a
reasonable basis for our opinion.
In our opinion, such consolidated nancial statements
present fairly, in all material respects, the nancial position of
Cracker Barrel Old Country Store, Inc. and subsidiaries
as of August 3, 2012 and July 29, 2011, and the results of their
operations and their cash ows for each of the three scal
years in the period ended August 3, 2012, in conformity with
accounting principles generally accepted in the United States
of America.
We have also audited, in accordance with the standards of
the Public Company Accounting Oversight Board (United
States), the Company’s internal control over nancial
reporting as of August 3, 2012, based on the criteria estab-
lished in Internal Control—Integrated Framework issued by
the Commiee of Sponsoring Organizations of the Treadway
Commission and our report dated September 25, 2012
expressed an unqualied opinion on the Company’s internal
control over nancial reporting.
Nashville, Tennessee
September 25, 2012
Report Of Independent Registered Public Accounting Firm
CRACKER BARREL OLD COUNTRY STORE, INC.
30