Attached files
Exhibit 12.1
Sbarro, Inc.
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||
Fixed charges: |
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Interest expense |
$ | 28,240 | $ | 28,408 | $ | 31,449 | $ | 30,783 | $ | 30,680 | ||||||||
Rental expense |
26,421 | 26,275 | 24,701 | 21,946 | 23,109 | |||||||||||||
Total fixed charges (1) |
$ | 54,661 | $ | 54,683 | $ | 56,150 | $ | 52,729 | $ | 53,789 | ||||||||
Earnings (loss) available for fixed charges: |
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Earnings (2) |
$ | (46,335 | ) | $ | (81,672 | ) | $ | (27,871 | ) | $ | 9,929 | $ | 3,280 | |||||
Add fixed charges |
54,661 | 54,683 | 56,150 | 52,729 | 53,789 | |||||||||||||
Total earnings available for fixed charges |
$ | 8,326 | $ | (26,989 | ) | $ | 28,279 | $ | 62,658 | $ | 57,069 | |||||||
Ratio of earnings to fixed charges (3) |
0.2 | (0.5 | ) | 0.5 | 1.2 | 1.1 | ||||||||||||
(1) | Total fixed charges consist of actual interest and a reasonable approximation of the interest factor for rent. |
(2) | Earnings represent income before income taxes, equity in net income (loss) of unconsolidated affiliates and net (income) loss attributable to noncontrolling interests. |
(3) | The ratio of earnings to fixed charges has been computed based on dividing total earnings available for fixed charges by total fixed charges. |