Exhibit 12.1
DAVE & BUSTER’S, INC.
COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES
(dollars in thousands, except ratios)
Twenty-Six Weeks Ended August 3, 2008 | Twenty-Six Weeks Ended August 5, 2007 | ||||||
Income (loss) before provision for income taxes | $ | 9,126 | $ | (3,560 | ) | ||
Add: Total fixed charges (per below) | 19,318 | 20,809 | |||||
Less: Capitalized interest | 244 | 112 | |||||
Total income before provision for income taxes, plus fixed charges, less capitalized interest | 28,200 | 17,137 | |||||
Fixed charges: | |||||||
Interest expense(1) | 12,284 | 14,151 | |||||
Capitalized interest | 244 | 112 | |||||
Estimate of interest included in rental expense(2) | 6,790 | 6,546 | |||||
Total fixed charges | $ | 19,318 | $ | 20,809 | |||
Ratio of earnings to fixed charges(3) | 1.46x | .82x |
(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 twenty-six ended August 5, 2007 were insufficient to cover the fixed charges by $3,672. |