EXHIBIT 12.1
CENTRAL GARDEN & PET COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(dollars in thousands)
| Fiscal Year Ended | Nine-Months Ended June 27, 2009 | ||||||||||||||||||
| September 25, 2004 | September 24, 2005 | September 30, 2006 | September 29, 2007 | September 27, 2008 | |||||||||||||||
Income (loss) before income taxes and minority interest and after eliminating undistributed earnings of equity method investees | $ | 65,789 | $ | 83,896 | $ | 101,882 | $ | 54,700 | $ | (360,454 | ) | $ | 88,954 | ||||||
Fixed charges (1) | 19,157 | 24,582 | 42,912 | 52,093 | 40,394 | 18,890 | |||||||||||||
Total earnings and fixed charges | 84,946 | 108,478 | 144,794 | 106,793 | (320,060 | ) | 108,501 | ||||||||||||
Fixed charges (1) | $ | 19,157 | $ | 24,582 | $ | 42,912 | $ | 52,093 | $ | 40,394 | 18,890 | ||||||||
Ratio of earnings to fixed charges (2) | 4.43 | 4.41 | 3.37 | 2.05 | N/A | 5.71 | |||||||||||||
| (1) | Fixed charges consist of interest expense incurred, the portion of rental expense under operating leases deemed by management to be representative of the interest factor and amortization of deferred financing costs. |
| (2) | For the year ended September 27, 2008, earnings were insufficient to cover fixed charges by approximately $360.5 million, and the ratio for that fiscal year is not considered meaningful. |