EXHIBIT 12.1
NCI Building Systems, Inc.
Computation of Ratios of Earnings to Fixed Charges
Computation of Ratios of Earnings to Fixed Charges
Pro Forma | ||||||||||||||||||||||||||||||||||||
Fiscal Nine | Fiscal Year | |||||||||||||||||||||||||||||||||||
Fiscal Year Ended | Fiscal Nine Months Ended | Months Ended | Ended | |||||||||||||||||||||||||||||||||
October 30, | October 29, | October 29, | October 28, | November 2, | August 2, | July 27, | August 2, | November 2, | ||||||||||||||||||||||||||||
2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2008 | 2009 | 2008 | ||||||||||||||||||||||||||||
Income (loss) from continuing operations | 44,890 | 55,951 | 73,796 | 63,729 | 78,881 | (644,846 | ) | 54,267 | (642,241 | ) | 89,214 | |||||||||||||||||||||||||
Income taxes for continuing operations | 29,767 | 40,260 | 45,236 | 41,096 | 51,499 | (46,863 | ) | 33,536 | (47,248 | ) | 55,425 | |||||||||||||||||||||||||
Pretax income (loss) from continuing operations | 74,657 | 96,211 | 119,032 | 104,825 | 130,380 | (691,709 | ) | 87,803 | (689,489 | ) | 144,639 | |||||||||||||||||||||||||
Add: | ||||||||||||||||||||||||||||||||||||
Fixed charges as defined: | ||||||||||||||||||||||||||||||||||||
Interest cost | 15,126 | 14,459 | 25,250 | 29,489 | 23,875 | 13,350 | 18,097 | 14,685 | 18,808 | |||||||||||||||||||||||||||
Interest component of rentals charged to operating expense | 1,525 | 1,754 | 2,326 | 2,371 | 2,427 | 1,816 | 1,833 | 1,816 | 2,427 | |||||||||||||||||||||||||||
Total fixed charges | 16,651 | 16,213 | 27,576 | 31,860 | 26,302 | 15,166 | 19,930 | 16,501 | 21,235 | |||||||||||||||||||||||||||
Amortization of Capitalized Interest | — | — | 11 | 44 | 78 | 77 | 58 | 77 | 78 | |||||||||||||||||||||||||||
Subtract: | ||||||||||||||||||||||||||||||||||||
Interest Capitalized | — | — | (335 | ) | (660 | ) | (340 | ) | (321 | ) | (238 | ) | (321 | ) | (340 | ) | ||||||||||||||||||||
Earnings, as defined | $ | 91,308 | $ | 112,424 | $ | 146,284 | $ | 136,069 | $ | 156,420 | $ | (676,787 | ) | $ | 107,553 | $ | (673,232 | ) | $ | 165,612 | ||||||||||||||||
Ratio of earnings (loss) to fixed charges | 5.48 | 6.93 | 5.30 | 4.27 | 5.95 | (44.63 | ) | 5.40 | (40.80 | ) | 7.80 | |||||||||||||||||||||||||