Attached files
| file | filename |
|---|---|
| 8-K - 8-K - FLOWERS FOODS INC | d263898d8k.htm |
Exhibit 12.1
Flowers Foods, Inc.
Computation of Ratio of Earnings to Fixed Charges
Twenty-Eight Weeks Ended July 16, 2016
(000’s Omitted, Except Ratio Amounts)
| Twenty-Eight Weeks Ended |
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| July 16, 2016 | ||||
| Fixed Charges: |
||||
| Interest expense |
$ | 16,717 | ||
| Interest portion of rent expense(1) |
$ | 19,793 | ||
| Total Fixed Charges |
$ | 36,510 | ||
| Earnings: |
||||
| Income before income taxes |
$ | 170,803 | ||
| Plus: Fixed charges(2) |
$ | 36,510 | ||
| Earnings Available to Cover Fixed Charges |
$ | 207,313 | ||
| Ratio of Earnings to Fixed Charges |
5.7x | |||
| (1) | One-third of total rent expense is the portion deemed representative of the interest factor. |
| (2) | Fixed charges represent gross interest expense plus the interest portion of rent expense. |