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S-3ASR Filing
Flowers Foods (FLO) S-3ASRAutomatic shelf registration
Filed: 8 Feb 11, 12:00am
Fiscal Year | ||||||||||||||||||||||||
40 Weeks Ended | ||||||||||||||||||||||||
October 9, 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest expense | $ | 6,559 | $ | 11,587 | $ | 6,137 | $ | 3,450 | $ | 4,923 | $ | 3,576 | ||||||||||||
Interest portion of rent expense (1) | $ | 15,748 | $ | 19,569 | $ | 18,480 | $ | 17,920 | $ | 15,080 | $ | 13,000 | ||||||||||||
Total Fixed Charges | $ | 22,307 | $ | 31,156 | $ | 24,617 | $ | 21,370 | $ | 20,003 | $ | 16,576 | ||||||||||||
Earnings: | ||||||||||||||||||||||||
Income before income taxes | $ | 163,243 | $ | 207,759 | $ | 190,051 | $ | 153,085 | $ | 123,439 | $ | 105,623 | ||||||||||||
Plus: Fixed charges (2) | $ | 22,307 | $ | 31,156 | $ | 24,617 | $ | 21,370 | $ | 20,003 | $ | 16,576 | ||||||||||||
Earnings Available to Cover Fixed Charges | $ | 185,550 | $ | 238,915 | $ | 214,668 | $ | 174,455 | $ | 143,442 | $ | 122,199 | ||||||||||||
Ratio of Earnings to Fixed Charges | 8.3 | 7.7 | 8.7 | 8.2 | 7.2 | 7.4 | ||||||||||||||||||
(1) | One-third of total rent expense is the portion deemed representative of the interest factor. | |
(2) | Fixed charges represents gross interest expense plus the interest portion of rent expense. |