Exhibit 12.1
American Tire Distributors Holdings, Inc.
Statement Regarding: Computation of Ratio of Earnings to Fixed Charges
(Amounts in thousands, except ratio amounts)
Predecessor | Successor | ||||||||||||||
Twelve months Ended December 27, 2003 (unaudited) | Twelve months Ended January 1, 2005 (unaudited) | Three months Ended April 2, 2005 (unaudited) | Nine months Ended December 31, 2005 (unaudited) | Twelve months Ended December 30, 2006 (unaudited) | Twelve months Ended December 29, 2007 (unaudited) | ||||||||||
Consolidated pretax income (loss) from continuing operations | 27,176 | 41,277 | (20,947 | ) | (2,329 | ) | (6,089 | ) | 4,240 | ||||||
Interest | 14,071 | 13,371 | 3,682 | 41,359 | 60,065 | 61,633 | |||||||||
Interest portion of rent expense | 8,104 | 8,412 | 2,214 | 7,010 | 9,957 | 11,169 | |||||||||
Earnings | 49,351 | 63,060 | (15,051 | ) | 46,040 | 63,933 | 77,042 | ||||||||
Interest | 14,071 | 13,371 | 3,682 | 41,359 | 60,065 | 61,633 | |||||||||
Interest portion of rent expense | 8,104 | 8,412 | 2,214 | 7,010 | 9,957 | 11,169 | |||||||||
Fixed Charges | 22,175 | 21,783 | 5,896 | 48,369 | 70,022 | 72,802 | |||||||||
Ratio of Earnings to Fixed Charges | 2.23 | 2.89 | — | (a) | — | (b) | — | (c) | 1.06 | ||||||
(a) | In first quarter fiscal 2005, earnings were insufficient to cover fixed charges by $20.9 million |
(b) | In the nine months ended December 31, 2005, earnings were insufficient to cover fixed charges by $2.3 million |
(b) | In the twelve months ended December 30, 2006, earnings were insufficient to cover fixed charges by $6.1 million |