American Tire Distributors Holdings, Inc. - FORM 10-K - EX-12.1 - STATEMENT SETTING FORTH THE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - March 15, 2011

Attached files

file filename
10-K - FORM 10-K - American Tire Distributors Holdings, Inc.d10k.htm
EX-32.1 - CERTIFICATIONS PURSUANT TO SECTION 906 - American Tire Distributors Holdings, Inc.dex321.htm
EX-21.1 - CHART OF THE SUBSIDIARIES OF AMERICAN TIRE DISTRIBUTORS HOLDINGS, INC. - American Tire Distributors Holdings, Inc.dex211.htm
EX-31.2 - CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO SECTION 302 - American Tire Distributors Holdings, Inc.dex312.htm
EX-31.1 - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO SECTION 302 - American Tire Distributors Holdings, Inc.dex311.htm

Exhibit 12.1

American Tire Distributors Holdings, Inc.

Statement Regarding: Computation of Ratio of Earnings to Fixed Charges

(Amounts in thousands, except ratio amounts)

 

        Predecessor          Successor  
              Twelve
months
Ended
December 30,
2006
(unaudited)		     Twelve
months
Ended
December 29,
2007
(unaudited)		     Twelve
months
Ended
January 3,
2009
(unaudited)		     Twelve
months
Ended
January 2,
2010
(unaudited)		           Five
months
Ended
May 28,
2010
(unaudited)		          Seven
months
Ended
January 1,
2011
(unaudited)		  

Consolidated pretax income (loss) from operations

       $ (6,089 )    $ 4,240      $ 21,044      $ 12,258        $ (51,303 )        $ (59,607 ) 

Interest

         60,065        61,633        59,169        54,415          32,669            37,391   

Interest portion of rent expense

         9,957        11,169        12,390        15,822          6,599            9,738   
                                                                     

Earnings

       $ 63,933      $ 77,042      $ 92,603      $ 82,495        $ (12,035 )        $ (12,478 ) 
                                                                     

Interest

       $ 60,065      $ 61,633      $ 59,169      $ 54,415        $ 32,669          $ 37,391   

Interest portion of rent expense

         9,957        11,169        12,390        15,822          6,599            9,738   
                                                                     

Fixed Charges

       $ 70,022      $ 72,802      $ 71,559      $ 70,237        $ 39,268          $ 47,129   
                                                                     

Ratio of Earnings to Fixed Charges

         —   (a)      1.06        1.29        1.17          —   (b)          —   (c) 
                                                                     

 

(a) In the twelve months ended December 30, 2006, earnings were insufficient to cover fixed charges by $6.1 million
(b) In the five months ended May 28, 2010, earnings were insufficient to cover fixed charges by $51.3 million
(c) In the seven months ended January 1, 2011, earnings were insufficient to cover fixed charges by $59.6 million

American Tire Distributors Holdings, Inc. Reports