Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - STATER BROS HOLDINGS INC | v58081e10vk.htm |
| EX-32.1 - EX-32.1 - STATER BROS HOLDINGS INC | v58081exv32w1.htm |
| EX-31.2 - EX-31.2 - STATER BROS HOLDINGS INC | v58081exv31w2.htm |
| EX-31.1 - EX-31.1 - STATER BROS HOLDINGS INC | v58081exv31w1.htm |
Exhibit 12.1
STATER BROS. HOLDINGS INC.
Computation of Ratio of Earnings to Fixed Charges
(Dollar amounts in thousands)
(Unaudited)
Computation of Ratio of Earnings to Fixed Charges
(Dollar amounts in thousands)
(Unaudited)
| Sept. 24, | Sept. 30, | Sept. 28, | Sept. 27, | Sept. 26, | ||||||||||||||||
| 2006(1) | 2007(1) | 2008(1) | 2009(1) | 2010(1) | ||||||||||||||||
Consolidated Cash Flow: |
||||||||||||||||||||
Net income |
$ | 26,066 | $ | 49,395 | $ | 40,630 | $ | 34,769 | $ | 24,584 | ||||||||||
Income taxes |
17,945 | 33,279 | 26,000 | 19,481 | 16,587 | |||||||||||||||
Interest expense |
57,238 | 59,586 | 57,464 | 68,252 | 68,516 | |||||||||||||||
Interest expense related to debt purchase |
— | 3,953 | — | — | — | |||||||||||||||
Amortization of capitalized interest |
219 | 226 | 469 | 849 | 843 | |||||||||||||||
Depreciation and amortization |
58,570 | 60,395 | 66,690 | 68,179 | 62,090 | |||||||||||||||
Deferred benefits |
8,569 | 14,468 | 12,112 | 11,023 | 7,910 | |||||||||||||||
Consolidated cash flow |
$ | 168,607 | $ | 221,302 | $ | 203,365 | $ | 202,553 | $ | 180,530 | ||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expense |
$ | 57,238 | $ | 59,586 | $ | 57,464 | $ | 68,252 | $ | 68,516 | ||||||||||
Interest expense related to debt purchase |
— | 3,953 | — | — | — | |||||||||||||||
Interest Capitalized |
4,276 | 9,806 | 11,261 | 522 | 16 | |||||||||||||||
Fixed Charges |
$ | 61,514 | $ | 73,345 | $ | 68,725 | $ | 68,774 | $ | 68,532 | ||||||||||
Fixed Charge Coverage Ratio |
2.74 | 3.02 | 2.96 | 2.95 | 2.63 | |||||||||||||||
| (1) | “Consolidated Cash Flow”, “Fixed Charges” and “Fixed Charge Coverage Ratio” are defined by the Indentures governing our Senior Notes. We are providing the calculations as it may be of interest to our Bond Holders and other interested parties. | |
| (2) | Fiscal years 2006, 2008, 2009 and 2010 are 52-week years while fiscal 2007 is a 53-week year. |