Attached files
Exhibit 12.1
LANDRYS RESTAURANTS, INC.
RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December, 31 | ||||||||
2010 | 2009 | |||||||
Income from continuing operations, before taxes |
$ | (7,098,415 | ) | $ | (17,085,779 | ) | ||
Fixed charges, as adjusted |
139,256,531 | 168,884,795 | ||||||
$ | 132,158,116 | $ | 151,799,016 | |||||
Fixed charges: |
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Interest expense including amortization of debt costs |
$ | 118,959,917 | $ | 150,539,755 | ||||
Capitalized interest |
518,273 | 8,237,191 | ||||||
Interest factor on rent (1/3 rent expense) |
20,296,614 | 18,345,040 | ||||||
Total fixed charges |
139,774,804 | 177,121,986 | ||||||
Less capitalized interest |
(518,273 | ) | (8,237,191 | ) | ||||
Fixed charges, as adjusted |
$ | 139,256,531 | $ | 168,884,795 | ||||
Ratio of earnings to fixed charges |
0.9 | 0.9 | ||||||