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 30, 2006 (unaudited) | Twelve months Ended December 29, 2007 (unaudited) | Twelve months Ended January 3, 2009 (unaudited) | Twelve months Ended January 2, 2010 (unaudited) | Five months Ended May 28, 2010 (unaudited) | Seven months Ended January 1, 2011 (unaudited) | |||||||||||||||||||||||||||||||
Consolidated pretax income (loss) from operations | $ | (6,089 | ) | $ | 4,240 | $ | 21,044 | $ | 12,258 | $ | (51,303 | ) | $ | (59,607 | ) | |||||||||||||||||||||
Interest | 60,065 | 61,633 | 59,169 | 54,415 | 32,669 | 37,391 | ||||||||||||||||||||||||||||||
Interest portion of rent expense | 9,957 | 11,169 | 12,390 | 15,822 | 6,599 | 9,738 | ||||||||||||||||||||||||||||||
Earnings | $ | 63,933 | $ | 77,042 | $ | 92,603 | $ | 82,495 | $ | (12,035 | ) | $ | (12,478 | ) | ||||||||||||||||||||||
Interest | $ | 60,065 | $ | 61,633 | $ | 59,169 | $ | 54,415 | $ | 32,669 | $ | 37,391 | ||||||||||||||||||||||||
Interest portion of rent expense | 9,957 | 11,169 | 12,390 | 15,822 | 6,599 | 9,738 | ||||||||||||||||||||||||||||||
Fixed Charges | $ | 70,022 | $ | 72,802 | $ | 71,559 | $ | 70,237 | $ | 39,268 | $ | 47,129 | ||||||||||||||||||||||||
Ratio of Earnings to Fixed Charges | — | (a) | 1.06 | 1.29 | 1.17 | — | (b) | — | (c) | |||||||||||||||||||||||||||
(a) | In the twelve months ended December 30, 2006, earnings were insufficient to cover fixed charges by $6.1 million |
(b) | In the five months ended May 28, 2010, earnings were insufficient to cover fixed charges by $51.3 million |
(c) | In the seven months ended January 1, 2011, earnings were insufficient to cover fixed charges by $59.6 million |