Exhibit 12
DAVE & BUSTER’S, INC.
COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES
(dollars in thousands, except ratios)
26 Weeks Ended | ||||
August 1, | ||||
2004 | ||||
Income before provision for income taxes | $ | 8,920 | ||
Add: Total fixed charges (per below) | 7,272 | |||
Less:Capitalized interest | 262 | |||
Total income before provision for income taxes, plus fixed charges, less capitalized interest | $ | 15,930 | ||
Ratio of earnings to fixed charges | 2.19 | |||
Fixed charges: | ||||
Interest expense ** | 2,892 | |||
Capitalized interest | 262 | |||
Estimate of interest included in rental expense *** | 4,118 | |||
Total fixed charges | $ | 7,272 | ||
** Interest expense includes interest in association with debt and amortization of debt issuance costs.
*** Fixed charges include our estimate of interest included in rental payments (one-third of rent expense under operating leases).