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- S-4 Registration of securities issued in business combination transactions
- 3.1.4 EX-3.1.4
- 3.1.5 EX-3.1.5
- 3.1.6 EX-3.1.6
- 3.1.7 EX-3.1.7
- 3.1.8 EX-3.1.8
- 3.1.9 EX-3.1.9
- 3.1.10 EX-3.1.10
- 3.1.11 EX-3.1.11
- 3.1.12 EX-3.1.12
- 3.1.13 EX-3.1.13
- 3.1.14 EX-3.1.14
- 3.1.15 EX-3.1.15
- 3.1.16 EX-3.1.16
- 3.1.17 EX-3.1.17
- 3.1.18 EX-3.1.18
- 3.1.19 EX-3.1.19
- 3.2.2 EX-3.2.2
- 3.2.3 EX-3.2.3
- 3.2.4 EX-3.2.4
- 3.2.5 EX-3.2.5
- 3.2.6 EX-3.2.6
- 3.2.7 EX-3.2.7
- 3.2.8 EX-3.2.8
- 3.2.9 EX-3.2.9
- 3.2.10 EX-3.2.10
- 3.2.11 EX-3.2.11
- 3.2.12 EX-3.2.12
- 3.2.13 EX-3.2.13
- 3.2.14 EX-3.2.14
- 3.2.15 EX-3.2.15
- 3.2.16 EX-3.2.16
- 3.2.17 EX-3.2.17
- 5 EX-5
- 12 EX-12
- 23.1 EX-23.1
- 23.2 EX-23.2
- 25 EX-25
- 99.1 EX-99.1
- 99.2 EX-99.2
- 99.3 EX-99.3
Exhibit 12
The Men’s Wearhouse, Inc.
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratio data)
|
| Fiscal Year Ended(1) |
| |||||||||||||
|
| January 31, |
| February 1, 2014 |
| February 2, |
| January 28, |
| January 29, |
| |||||
Earnings |
|
|
|
|
|
|
|
|
|
|
| |||||
Earnings before income taxes |
| $ | 5,376 |
| $ | 126,808 |
| $ | 197,672 |
| $ | 184,410 |
| $ | 100,530 |
|
Add: |
|
|
|
|
|
|
|
|
|
|
| |||||
Fixed charges |
| 145,771 |
| 61,244 |
| 57,454 |
| 55,939 |
| 54,815 |
| |||||
Adjusted Earnings |
| 151,147 |
| 188,052 |
| 255,126 |
| 240,349 |
| 155,345 |
| |||||
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
| |||||
Interest expense |
| 68,190 |
| 3,205 |
| 1,544 |
| 1,446 |
| 1,456 |
| |||||
Loss on extinguishment of debt |
| 2,158 |
| — |
| — |
|
|
| — |
| |||||
Portion of rent expense under operating leases deemed to be the equivalent of interest |
| 77,581 |
| 58,039 |
| 55,910 |
| 54,493 |
| 53,359 |
| |||||
Total Fixed Charges |
| 145,771 |
| 61,244 |
| 57,454 |
| 55,939 |
| 54,815 |
| |||||
Ratio of Earnings to Fixed Charges(2) |
| 1.0 | x | 3.1 | x | 4.4 | x | 4.3 | x | 2.8 | x | |||||
(1) All fiscal years for which financial information is included herein had 52 weeks with the exception of the fiscal year ended February 2, 2013 which had 53 weeks.
(2) For purposes of computing the ratio of earnings to fixed charges, earnings consist of earnings before income taxes plus fixed charges. Fixed charges consists of interest incurred on indebtedness, including amortization of debt expenses including any discount on indebtedness, loss on extinguishment of debt, if any, and the portion of rental expense under operating leases deemed to be the equivalent of interest.