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 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) | Twelve months Ended January 3, 2009 (unaudited) | ||||||||||||||||||
Consolidated pretax income (loss) from operations | $ | 41,277 | $ | (20,947 | ) | $ | (2,329 | ) | $ | (6,089 | ) | $ | 4,240 | $ | 21,044 | ||||||||
Interest | 13,371 | 3,682 | 41,359 | 60,065 | 61,633 | 59,169 | |||||||||||||||||
Interest portion of rent expense | 8,412 | 2,214 | 7,010 | 9,957 | 11,169 | 12,390 | |||||||||||||||||
Earnings | $ | 63,060 | $ | (15,051 | ) | $ | 46,040 | $ | 63,933 | $ | 77,042 | $ | 92,603 | ||||||||||
Interest | $ | 13,371 | $ | 3,682 | $ | 41,359 | $ | 60,065 | $ | 61,633 | $ | 59,169 | |||||||||||
Interest portion of rent expense | 8,412 | 2,214 | 7,010 | 9,957 | 11,169 | 12,390 | |||||||||||||||||
Fixed Charges | $ | 21,783 | $ | 5,896 | $ | 48,369 | $ | 70,022 | $ | 72,802 | $ | 71,559 | |||||||||||
Ratio of Earnings to Fixed Charges | 2.89 | — | (a) | — | (b) | — | (c) | 1.06 | 1.29 | ||||||||||||||
(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. |
(c) | In the twelve months ended December 30, 2006, earnings were insufficient to cover fixed charges by $6.1 million. |