STATER BROS HOLDINGS INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - December 13, 2011

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EXCEL - IDEA: XBRL DOCUMENT - STATER BROS HOLDINGS INCFinancial_Report.xls
EX-10.19 - AMENDMENT NO. 3 TO AMENDED AND RESTATED PHANTOM STOCK PLAN - STATER BROS HOLDINGS INCd235577dex1019.htm
EX-32.1 - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER - STATER BROS HOLDINGS INCd235577dex321.htm
EX-10.20 - AMENDMENT NO. 4 TO AMENDED AND RESTATED PHANTOM STOCK PLAN - STATER BROS HOLDINGS INCd235577dex1020.htm
10-K - FORM 10-K - STATER BROS HOLDINGS INCd235577d10k.htm
EX-31.2 - SECTION 302 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - STATER BROS HOLDINGS INCd235577dex312.htm
EX-31.1 - SECTION 302 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - STATER BROS HOLDINGS INCd235577dex311.htm

Exhibit 12.1

STATER BROS. HOLDINGS INC.

Computation of Ratio of Earnings to Fixed Charges

(Dollar amounts in thousands)

(Unaudited)

 

     Sept. 30,
2007(1)		     Sept. 28,
2008(1)		     Sept. 27,
2009(1)		     Sept. 26,
2010(1)		     Sept. 25,
2011(1)		  

Earnings:

           

Income before income taxes

    $ 82,674      $ 66,630      $ 54,250      $ 41,171      $ 44,446   

Amortization of capitalized interest

      226        469        849        843        829   

Interest

      67,849        65,531        65,572        65,330        51,640   

Less interest capitalized during the period

      (9,806 )      (11,261 )      (522 )      (16 )      (352 ) 

Net amortization of debt discount and premium and issuance expense

      5,496        3,193        3,202        3,202        6,008   

Interest portion of rental expense

      21,762        23,021        25,319        26,891        27,316   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Earnings as adjusted

    $ 168,201      $ 147,583      $ 148,670      $ 137,421      $ 129,887   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Fixed charges:

           

Interest

    $ 67,849      $ 65,531      $ 65,572      $ 65,330      $ 51,640   

Net amortization of debt discount and premium and issuance expense

      5,496        3,193        3,202        3,202        6,008   

Interest portion of rental expense

      21,762        23,021        25,319        26,891        27,316   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Fixed Charges

    $ 95,107      $ 91,745      $ 94,093      $ 95,423      $ 84,964   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Ration of earnings to fixed charges

      1.77        1.61        1.58        1.44        1.53   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) Fiscal years 2008, 2009, 2010 and 2011 were 52-week years while fiscal 2007 was a 53-week year.

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