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- S-4 Registration of securities issued in business combination transactions
- 3.3 Exhibit 3.3
- 3.4 Exhibit 3.4
- 3.5 Exhibit 3.5
- 3.6 Exhibit 3.6
- 3.7 Exhibit 3.7
- 3.8 Exhibit 3.8
- 3.9 Exhibit 3.9
- 3.10 Exhibit 3.10
- 3.11 Exhibit 3.11
- 3.12 Exhibit 3.12
- 3.13 Exhibit 3.13
- 3.14 Exhibit 3.14
- 3.15 Exhibit 3.15
- 3.16 Exhibit 3.16
- 3.17 Exhibit 3.17
- 3.18 Exhibit 3.18
- 3.19 Exhibit 3.19
- 3.20 Exhibit 3.20
- 3.21 Exhibit 3.21
- 3.22 Exhibit 3.22
- 3.23 Exhibit 3.23
- 3.24 Exhibit 3.24
- 3.25 Exhibit 3.25
- 3.26 Exhibit 3.26
- 3.27 Exhibit 3.27
- 3.28 Exhibit 3.28
- 3.29 Exhibit 3.29
- 3.30 Exhibit 3.30
- 3.31 Exhibit 3.31
- 3.32 Exhibit 3.32
- 3.33 Exhibit 3.33
- 3.34 Exhibit 3.34
- 3.35 Exhibit 3.35
- 3.36 Exhibit 3.36
- 3.37 Exhibit 3.37
- 3.38 Exhibit 3.38
- 3.39 Exhibit 3.39
- 3.40 Exhibit 3.40
- 3.41 Exhibit 3.41
- 3.42 Exhibit 3.42
- 3.43 Exhibit 3.43
- 3.44 Exhibit 3.44
- 3.45 Exhibit 3.45
- 3.46 Exhibit 3.46
- 3.47 Exhibit 3.47
- 3.48 Exhibit 3.48
- 3.49 Exhibit 3.49
- 3.50 Exhibit 3.50
- 3.51 Exhibit 3.51
- 3.52 Exhibit 3.52
- 3.53 Exhibit 3.53
- 3.54 Exhibit 3.54
- 3.55 Exhibit 3.55
- 3.56 Exhibit 3.56
- 4.1 Exhibit 4.1
- 4.2 Exhibit 4.2
- 4.3 Exhibit 4.3
- 5.1 Exhibit 5.1
- 10.13 Exhibit 10.13
- 10.14 Exhibit 10.14
- 10.22 Exhibit 10.22
- 12.1 Exhibit 12.1
- 21.1 Exhibit 21.1
- 23.1 Exhibit 23.1
- 25.1 Exhibit 25.1
- 99.1 Exhibit 99.1
- 99.2 Exhibit 99.2
- 99.3 Exhibit 99.3
- 99.4 Exhibit 99.4
- 12 Jul 13 Registration of securities issued in business combination transactions (amended)
- 4 Jun 13 Registration of securities issued in business combination transactions
- 13 Aug 04 Registration of securities issued in business combination transactions (amended)
- 1 Jul 04 Registration of securities issued in business combination transactions
- 22 May 03 Registration of securities issued in business combination transactions
- 21 Dec 01 Registration of securities issued in business combination transactions (amended)
- 14 Aug 01 Registration of securities issued in business combination transactions
Exhibit 12.1
Sealy Corporation
Computation of Ratio of Earnings to Fixed Charges
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| Fiscal Year Ended |
| Three Months Ended |
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| November 28, 1999 |
| November 26, 2000 |
| December 2, 2001 |
| December 1, 2002 |
| November 30, 2003 |
| March 2, 2003 |
| February 29, 2004 |
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(Dollars in thousands) |
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Pre-tax income from operations |
| $ | 32,382 |
| $ | 57,372 |
| $ | (8,464 | ) | $ | 24,151 |
| $ | 36,465 |
| $ | 15,431 |
| $ | 19,551 |
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Fixed charges: |
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Interest expense and amortization |
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of debt discount and financing costs |
| 65,991 |
| 69,009 |
| 78,047 |
| 72,571 |
| 68,525 |
| 17,077 |
| 16,944 |
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Rentals — 33% (b) |
| 3,476 |
| 3,305 |
| 4,407 |
| 4,551 |
| 4,543 |
| 1,136 |
| 1,260 |
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Total Fixed charges |
| 69,467 |
| 72,314 |
| 82,454 |
| 77,122 |
| 73,068 |
| 18,213 |
| 18,204 |
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Earnings before income taxes and |
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fixed charges |
| 101,849 |
| 129,686 |
| 73,990 |
| 101,273 |
| 109,533 |
| 33,644 |
| 37,755 |
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Ratio of earnings to fixed charges (a) |
| 1.5x |
| 1.8x |
| — |
| 1.3x |
| 1.5x |
| 1.8x |
| 2.1x |
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(a) For the year ended December 2, 2001, earnings were insufficient to cover fixed charges by $8.5 million.
(b) The percent of rent included in the calculation is a reasonable approximation of the interest factor in the Company’s operating leases.