Pier 1 2014 Annual Report Download - page 105

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EQUITY COMPENSATION PLAN INFORMATION
Independent Registered Public Accounting Firm Fees
The following table presents fees incurred for professional services rendered by Ernst & Young LLP, Pier 1 Imports’ independent
registered public accounting firm, for fiscal years ended March 1, 2014 and March 2, 2013.
March 1, 2014 March 2, 2013
Audit Fees (1) $ 958,000 $ 953,880
Audit Related Fees (2) $ 28,000 $ 27,500
Tax Fees (3) $ 188,545 $ 364,844
All Other Fees (4) $ 2,160 $ 2,008
Total Fees $1,176,705 $1,348,232
(1) Includes fees for services related to the annual audit of the consolidated financial statements, required statutory audits, if any, reviews of Pier 1 Imports’ quarterly reports on Form 10-Q, the
registered public accounting firm’s report on Pier 1 Imports’ internal control over financial reporting, as required under Section 404 of the Sarbanes-Oxley Act of 2002, and any registration
statements during the respective periods.
(2) Includes fees for services related to the Pier 1 Imports, Inc. Stock Purchase Plan and Pier 1 Imports’ consolidated balance sheet audits.
(3) Includes fees for services related to tax compliance, tax advice and tax planning.
(4) Includes fees for subscription to online research tool.
Pre-approval of Nonaudit Fees
The audit committee has adopted a policy that requires advance approval of all audit, audit related, tax and other services
performed by the independent registered public accounting firm. The policy provides for pre-approval by the audit committee of
specifically defined audit, audit related and tax services. Unless the specific service has been previously pre-approved with
respect to a fiscal year, the audit committee must approve the permitted service before the independent registered public
accounting firm is engaged to perform it. The audit committee has delegated to the chair of the audit committee, or any of its
other members, authority to approve permitted services up to $50,000 per engagement provided that any pre-approval
decisions are reported to the committee at its next scheduled meeting.
PIER 1 IMPORTS, INC. 2014 Proxy Statement 27