Exhibit 12.1
PLY GEM HOLDINGS, INC. AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES
| Fiscal Year Ended December 31, | For the three | For the three | ||||||||||||||||||||||||||
| months ended | months ended | |||||||||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | April 2, 2011 | April 3, 2010 | ||||||||||||||||||||||
| (unaudited) | (unaudited) | |||||||||||||||||||||||||||
| Earnings: | ||||||||||||||||||||||||||||
| Earnings (loss) from continuing operations | $ | 27,667 | $ | (76,752 | ) | $ | (498,475 | ) | $ | 4,982 | $ | 7,062 | $ | (70,892 | ) | $ | 54,102 | |||||||||||
| Provision (benefit) for income taxes | 5,027 | (17,966 | ) | (69,951 | ) | 3,634 | 4,147 | 2,472 | 6,532 | |||||||||||||||||||
| Earnings (loss) | 32,694 | (94,718 | ) | (568,426 | ) | 8,616 | 11,209 | (68,420 | ) | 60,634 | ||||||||||||||||||
| Fixed charges: | ||||||||||||||||||||||||||||
| Interest expense including amortization | ||||||||||||||||||||||||||||
| of debt expense and discount (premium) | 122,992 | 135,514 | 110,418 | 99,698 | 76,680 | 26,460 | 34,007 | |||||||||||||||||||||
| Interest portion of rental expense | 7,380 | 7,830 | 9,090 | 7,119 | 5,190 | 1,845 | 2,251 | |||||||||||||||||||||
| Fixed charges | 130,372 | 143,344 | 119,508 | 106,817 | 81,870 | 28,305 | 36,258 | |||||||||||||||||||||
| Earnings available for fixed charges | $ | 163,066 | $ | 48,626 | $ | (448,918 | ) | $ | 115,433 | $ | 93,079 | $ | (40,115 | ) | $ | 96,892 | ||||||||||||
| Ratio of earnings to fixed charges (1) | 1.25 | x | - | - | 1.1 | x | 1.1 | x | - | 2.7 | x | |||||||||||||||||
| (1) | For the years ended December 31, 2009 and 2008, the deficiency in the ratio of earnings to fixed charges to achieve a one to one | ||||||||||
| ratio was $94.7 million and $568.4 million, respectively, which resulted from the depressed residential U.S. housing market. For the | |||||||||||
| three months ended April 2, 2011, the deficiency in the ratio of earnings to fixed charges to achieve a one to one ratio was $68.4 million. | |||||||||||