Exhibit 12.1
COUNTY SEAT STORES, INC. AND SUBSIDIARY
Computation of Earnings to Fixed Charges
(Amounts in Thousands)
| Predecessor Company
| ---------------------------------------------------------------
13 Weeks | 39 Weeks
Ended | Ended
January 31, | November 1,
1998 | 1997 1996 1995 1994 1993
----------- | ----------- ----------- ----------- ----------- -----------
|
Income (loss) before Income Taxes and |
Extraordinary Items $ 8,654 | $ (57,687) $ (74,937) $ (79,401) $ 10,518 $ (1,647)
|
ADD: |
Interest Expense, net 2,645 | 3,481 14,610 19,163 18,426 17,722
Amortization of debt expense and debt discount 648 | 538 835 1,272 2,599 1,857
----------- | ----------- ----------- ----------- ----------- -----------
Income as adjusted $ 11,947 | $ (53,668) $ (59,492) $ (58,966) $ 31,543 $ 17,932
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|
FIXED CHARGES: |
Interest Expense, net $ 2,645 | $ 3,481 $ 14,610 $ 19,163 $ 18,426 $ 17,722
Amortization of debt expense and debt discount 648 | 538 835 1,272 2,599 1,857
----------- | ----------- ----------- ----------- ----------- -----------
Total fixed Charges $ 3,293 | $ 4,019 $ 15,445 $ 20,435 $ 21,025 $ 19,579
----------- | ----------- ----------- ----------- ----------- -----------
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|
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Ratio of earnings to fixed charges 3.6 | n/a n/a n/a 1.5 0.9
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When there is a loss, there is no ratio of earnings to fixed charges, as
is indicated by n/a ("not applicable").