EXHIBIT 12.1
THE WARNACO GROUP, INC.
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
2005 | 2004 | |||||||||||
(As Restated) | ||||||||||||
Interest expense | $ | 18.1 | $ | 19.8 | ||||||||
Capitalized interest | 1.1 | — | ||||||||||
Interest on operating leases | 17.7 | 15.0 | ||||||||||
Total fixed charges | $ | 36.9 | $ | 34.8 | ||||||||
Pre-tax income (loss) from continuing operations | $ | 78.8 | $ | 78.5 | ||||||||
Fixed charges | 36.9 | 34.8 | ||||||||||
Less: Capitalized interest | (1.1 | ) | — | |||||||||
Total adjusted earnings | $ | 114.6 | $ | 113.3 | ||||||||
Fixed charge coverage | 3.11 | 3.26 | ||||||||||
Deficit of earnings to fixed charges | n/a | n/a | ||||||||||