Exhibit 12.1
Ratio of Earnings to Fixed Charges
Mohawk Industries, Inc.
Fiscal Year
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1997 1998 1999 2000 2001
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Fixed charges:
Portion of rent expense representative
of interest $ 6,989 9,115 9,468 12,129 13,023
Capitalized interest 799 1,661 3,213 3,097 1,885
Interest expensed 36,474 31,023 32,632 38,044 29,787
--------- -------- -------- -------- --------
Total fixed charges (1) $ 44,262 41,799 45,313 53,270 44,695
========= ======== ======== ======== ========
Earnings:
Earnings before income taxes $ 131,429 194,806 259,899 267,629 291,416
Fixed charges 44,262 41,799 45,313 53,270 44,695
less:
Capitalized interest (799) (1,661) (3,213) (3,097) (1,885)
--------- -------- -------- -------- --------
Total earnings (2) $ 174,892 234,944 301,999 317,802 334,226
========= ======== ======== ======== ========
Ratio of earnings to fixed charges 3.95 5.62 6.66 5.97 7.48
Insufficiency of earnings to cover - - - - -
fixed charges
(1) Fixed charges are equal to lease interest on leases, capitalized interest
and interest expense.
(2) Earnings are earnings before income taxes plus fixed charges less
capitalized interest.