Refer to Exhibit 13.1 to review Papa John’s balance sheet disclosures of stockholders’

Refer to Exhibit 13.1 to review Papa John’s balance sheet disclosures of stockholders’ equity. What information would the auditor expect to be included

in Papa’s John’s footnote disclosure related to stockholders’ equity? Obtain a copy of the Papa John’s 2011 annual report and compare your response with the company’s footnote disclosure.