RUBY TUESDAY INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES - August 21, 2017

Attached files

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EX-10.3 - PLEDGE AGREEMENT WITH REVOLVING CREDIT AGREEMENT, DATED MAY 26, 2017 AMONG RUBY - RUBY TUESDAY INCex10-3.htm
10-K - FORM 10-K, FISCAL YEAR ENDED 6/06/17 - RUBY TUESDAY INCrt20170606_10k.htm
EX-32.2 - EXHIBIT 32.2 SECTION 906 CERTIFICATION FOR CFO - RUBY TUESDAY INCex32-2.htm
EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATION FOR CEO - RUBY TUESDAY INCex32-1.htm
EX-31.2 - EXHIBIT 31.2 SECTION 302 CERTIFICATION FOR CFO - RUBY TUESDAY INCex31-2.htm
EX-31.1 - EXHIBIT 31.1 SECTION 302 CERTIFICATION FOR CEO - RUBY TUESDAY INCex31-1.htm
EX-23.1 - CONSENT OF KPMG - RUBY TUESDAY INCex23-1.htm
EX-21.1 - EXHIBIT 21.1 - RUBY TUESDAY INCex21-1.htm
EX-10.5 - EXHIBIT 10.5 OFFER LETTER, DATED AS OF APRIL 4, 2017, BY AND BETWEEN RUBY TUESDA - RUBY TUESDAY INCex10-5.htm
EX-10.4 - LOAN MODIFICATION AGREEMENT DATED MAY 25, 2017 AMONG RUBY TUESDAY, INC. AND THE - RUBY TUESDAY INCex10-4.htm
EX-10.2 - SECURITY AGREEMENT WITH REVOLVING CREDIT AGREEMENT, DATED MAY 26, 2017 AMONG RUB - RUBY TUESDAY INCex10-2.htm
EX-10.1 - REVOLVING CREDIT AGREEMENT, DATED MAY 26, 2017 AMONG RUBY TUESDAY, INC. AND UBS - RUBY TUESDAY INCex10-1.htm

Ruby Tuesday, Inc

                    

Unaudited Computation of Ratio of Consolidated Earnings to Fixed Charges

                    

(Dollar Amounts in Millions)

                    
                     
                     
 

Fiscal Year Ended

  
 

June 6, 2017

May 31, 2016

June 2, 2015

 

June 3, 2014

 

June 4, 2013

  

Earnings before fixed charges:

                      

Loss from continuing operations before income taxes

$

        (107.9)

$

        (52.9)

$

             (5.1)

$

           (69.6)

$

           (21.9)

  

Less Capitalized interest

 

 0.9 

 

            0.6

 

               0.5

 

               0.5

 

               0.5

  
   

        (107.0)

  

        (52.3)

  

             (4.6)

  

           (69.1)

  

           (21.4)

  
                       

Fixed charges:

                      
                       

Interest expense

  

 20.9

  

         21.8

  

            22.8

  

            25.0

  

            26.7

  
                       

Interest portion of rent expense

  

 10.9

  

         13.6

  

            14.9

  

            16.0

  

            16.6

  
 

 

 

 

 

 

 

 

 

 

 

  

Total fixed charges

  

 31.8

  

         35.4

  

            37.7

  

            41.0

  

            43.3

  
                       

Adjusted earnings from continuing operations before income taxes available to cover fixed charges

$

        (75.2)

$

        (16.9)

$

            33.1

$

           (28.1)

$

            21.9

  
                       

Ratio of earnings to fixed charges

 

        (2.36)

 

        (0.48)

 

            0.88

 

           (0.69)

 

            0.51

  
                       

Amount by which earnings were insufficient to cover fixed charges

$

        (107.0)

$

        (52.3)

$

             (4.6)

$

           (69.1)

$

           (21.4)

  
                       

* We are presenting the ratio above solely pursuant to the requirement set forth in Item 503 of Regulation S-K.  The earnings and fixed charges in the above ratio are calculated using the definitions as set for by Regulation S-K.  

  

 

 

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