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Exhibit 12.1
DAVE & BUSTER’S, INC.
COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES
(dollars in thousands, except ratios)
Thirteen Weeks Ended May 4, 2008 | Thirteen Weeks Ended May 6, 2007 | |||||||
Income (loss) before provision for income taxes | $ | 7,968 | $ | (2,014 | ) | |||
Add: Total fixed charges (per below) | 9,755 | 10,945 | ||||||
Less: Capitalized interest | 100 | 10 | ||||||
Total income before provision for income taxes, plus fixed charges, less capitalized interest | 17,623 | 8,921 | ||||||
Fixed charges: | ||||||||
Interest expense(1) | 6,367 | 7,697 | ||||||
Capitalized interest | 100 | 10 | ||||||
Estimate of interest included in rental expense(2) | 3,288 | 3,238 | ||||||
Total fixed charges | $ | 9,755 | $ | 10,945 | ||||
Ratio of earnings to fixed charges(3) | 1.81 | x | .82 | x |
(1) | Interest expense includes interest in association with debt and amortization of debt issuance costs. |
(2) | Fixed charges include our estimate of interest included in rental payments (one-third of rent expense under operating leases). |
(3) | Earnings for the thirteen weeks ended May 6, 2007 were insufficient to cover the fixed charges by $2,024. |