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O’REILLY AUTOMOTIVE 2008 ANNUAL REPORT PG.37
REPORT OF INDEPENDENT REGIS TERED PUBL IC ACCOUNT ING F IRM
e Board of Directors and Shareholders of O’Reilly Automotive, Inc. and Subsidiaries:
We have audited the accompanying consolidated balance sheets of O’Reilly Automotive, Inc. and Subsidiaries as of December 31, 2008 and
2007, and the related consolidated statements of income, shareholders’ equity, and cash ows for each of the three years in the period ended
December 31, 2008. Our audits also included nancial statement schedule listed in the Index at Item 15(a). ese nancial statements and
schedule are the responsibility of the Company’s management. Our responsibility is to express an opinion on these nancial statements and
schedule 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
misstatement. 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, the nancial statements referred to above present fairly, in all material respects, the consolidated nancial position of O’Reilly
Automotive, Inc. and Subsidiaries at December 31, 2008 and 2007, and the consolidated results of their operations and their cash ows for
each of the three years in the period ended December 31, 2008, in conformity with U.S. generally accepted accounting principles. Also, in our
opinion, the related nancial statement schedule, when considered in relation to the basic nancial statements taken as a whole, presents fairly
in all material respects the information set forth therein.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), O’Reilly
Automotive, Inc. and Subsidiaries’ internal control over nancial reporting as of December 31, 2008, based on criteria established in Internal
Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated
February 27, 2009 expressed an unqualied opinion thereon.
Kansas City, Missouri
February 27, 2009