EXHIBIT 12.1
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Year-ended | ||||||||||||||||||||
Dec. 31, | Jan. 1, | Jan. 2, | Dec. 28, | Dec. 29, | ||||||||||||||||
2010 | 2010 | 2009 | 2007 | 2006 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) before income taxes | $ | 49,325 | $ | (18,177 | ) | $ | 20,517 | $ | 23,919 | $ | 23,534 | |||||||||
Pretax credits | — | — | (162 | ) | (21 | ) | — | |||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | 7,839 | 9,930 | 10,435 | 5,427 | 3,966 | |||||||||||||||
Capitalized interest | — | — | 171 | 22 | — | |||||||||||||||
Discounts & deferred financing fees | 10,680 | 10,106 | 9,583 | 6,967 | 719 | |||||||||||||||
Interest portion of rental expense | 848 | 1,053 | 850 | 574 | 584 | |||||||||||||||
Total earnings and fixed charges | $ | 68,692 | $ | 2,912 | $ | 41,394 | $ | 36,888 | $ | 28,803 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 7,839 | $ | 9,930 | $ | 10,435 | $ | 5,427 | $ | 3,966 | ||||||||||
Capitalized interest | — | — | 171 | 22 | — | |||||||||||||||
Discounts & deferred financing fees | 10,680 | 10,106 | 9,583 | 6,967 | 719 | |||||||||||||||
Interest portion of rental expense | 848 | 1,053 | 850 | 574 | 584 | |||||||||||||||
Total fixed charges | $ | 19,367 | $ | 21,089 | $ | 21,039 | $ | 12,990 | $ | 5,269 | ||||||||||
Ratio of earnings to fixed charges | 3.5 | 0.1 | 2.0 | 2.8 | 5.5 | |||||||||||||||