Exhibit 12.1
GAMESTOP CORP.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Fiscal Year | Fiscal Year | Fiscal Year | Fiscal Year | Fiscal Year | ||||||||||||||||
| Ended | Ended | Ended | Ended | Ended | ||||||||||||||||
| January 30, | January 31, | February 2, | February 3, | January 28, | ||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||
Earnings: | ||||||||||||||||||||
| Earnings before income taxes | $ | 588,533 | $ | 633,951 | $ | 441,056 | $ | 254,296 | $ | 159,922 | ||||||||||
| Fixed charges | 144,561 | 135,500 | 133,026 | 148,215 | 65,864 | |||||||||||||||
| Adjusted earnings | $ | 733,094 | $ | 769,451 | $ | 574,082 | $ | 402,511 | $ | 225,786 | ||||||||||
| Ratio of earnings to fixed charges | 5.1 | 5.7 | 4.3 | 2.7 | 3.4 | |||||||||||||||
Fixed Charges: | ||||||||||||||||||||
| Interest expense | $ | 44,429 | $ | 49,497 | $ | 60,610 | $ | 83,722 | $ | 30,111 | ||||||||||
| Amortization of issue discount | 925 | 959 | 943 | 940 | 316 | |||||||||||||||
| Interest portion of net rental expense (1) | 99,207 | 85,044 | 71,473 | 63,553 | 35,437 | |||||||||||||||
| Total fixed charges | $ | 144,561 | $ | 135,500 | $ | 133,026 | $ | 148,215 | $ | 65,864 | ||||||||||
| (1) | The interest portion of net rental expense is estimated to be equal to 28% of the minimum rental expense for the period. |