Attached files

file filename
10-K - FORM 10-K - AUTOZONE INCc91285e10vk.htm
EX-21.1 - EXHIBIT 21.1 - AUTOZONE INCc91285exv21w1.htm
EX-31.2 - EXHIBIT 31.2 - AUTOZONE INCc91285exv31w2.htm
EX-32.2 - EXHIBIT 32.2 - AUTOZONE INCc91285exv32w2.htm
EX-32.1 - EXHIBIT 32.1 - AUTOZONE INCc91285exv32w1.htm
EX-31.1 - EXHIBIT 31.1 - AUTOZONE INCc91285exv31w1.htm
EX-23.1 - EXHIBIT 23.1 - AUTOZONE INCc91285exv23w1.htm
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)
                                         
    Fiscal Year Ended August  
    2009     2008     2007     2006     2005  
    (52 weeks)     (53 weeks)     (52 weeks)     (52 weeks)     (52 weeks)  
Earnings:
                                       
Income before income taxes
  $ 1,033,746     $ 1,007,389     $ 936,150     $ 902,036     $ 873,221  
Fixed charges
    204,017       173,311       170,852       156,976       144,930  
Less: Capitalized interest
    (1,301 )     (1,313 )     (1,376 )     (1,985 )     (1,079 )
 
                             
Adjusted earnings
  $ 1,236,462     $ 1,179,387     $ 1,105,626     $ 1,057,027     $ 1,017,072  
 
                             
 
                                       
Fixed charges:
                                       
Gross interest expense
  $ 143,860     $ 120,006     $ 121,592     $ 110,568     $ 102,341  
Amortization of debt expense
    3,644       1,837       1,719       1,559       2,343  
Interest portion of rent expense
    56,513       51,468       47,541       44,849       40,246  
 
                             
Total fixed charges
  $ 204,017     $ 173,311     $ 170,852     $ 156,976     $ 144,930  
 
                             
 
                                       
Ratio of earnings to fixed charges
    6.1       6.8       6.5       6.7       7.0