Page 1 | Exhibit 12.1 |
American Tire Distributors, Inc.
Statement Regarding: Computation of Ratio of Earnings to Fixed Charges
and Preferred Stock Dividends
(Amounts in thousands, except ratio amounts)
Twelve months Ended January 1, 2005 (unaudited) | Twelve months Ended December 27, 2003 (unaudited) | Twelve months Ended December 28, 2002 (unaudited) | Twelve months Ended December 29, 2001 (unaudited) | Twelve months Ended December 30, 2000 (unaudited) | |||||||
Consolidated pretax income (loss) from continuing operations | 41,277 | 27,176 | 62,693 | (23,798 | ) | 1,657 | |||||
Interest | 13,371 | 14,071 | 18,705 | 28,639 | 26,447 | ||||||
Interest portion of rent expense | 8,412 | 8,104 | 8,194 | 8,500 | 7,051 | ||||||
Earnings | 63,060 | 49,351 | 89,592 | 13,341 | 35,155 | ||||||
Interest | 13,371 | 14,071 | 18,705 | 28,639 | 26,447 | ||||||
Interest portion of rent expense | 8,412 | 8,104 | 8,194 | 8,500 | 7,051 | ||||||
Fixed Charges | 21,783 | 22,175 | 26,899 | 37,139 | 33,498 | ||||||
Ratio of Earnings to Fixed Charges | 2.89 | 2.23 | 3.33 | — | (a) | 1.05 | |||||
(a) | In fiscal 2001, earnings were insufficient to cover fixed charges by $23.8 million |