EX-12.1 3 dex121.htm STATEMENT RE: COMPUTATION OF RATIOS Statement re: Computation of Ratios

Page 1

  Exhibit 12.1

 

American Tire Distributors, Inc.

Statement Regarding: Computation of Ratio of Earnings to Fixed Charges

and Preferred Stock Dividends

(Amounts in thousands, except ratio amounts)

 

     Twelve months
Ended
January 1, 2005
(unaudited)


   Twelve months
Ended
December 27, 2003
(unaudited)


   Twelve months
Ended
December 28, 2002
(unaudited)


   Twelve months
Ended
December 29, 2001
(unaudited)


    Twelve months
Ended
December 30, 2000
(unaudited)


Consolidated pretax income (loss) from continuing operations

   41,277    27,176    62,693    (23,798 )   1,657

Interest

   13,371    14,071    18,705    28,639     26,447

Interest portion of rent expense

   8,412    8,104    8,194    8,500     7,051
    
  
  
  

 

Earnings

   63,060    49,351    89,592    13,341     35,155
    
  
  
  

 

Interest

   13,371    14,071    18,705    28,639     26,447

Interest portion of rent expense

   8,412    8,104    8,194    8,500     7,051
    
  
  
  

 

Fixed Charges

   21,783    22,175    26,899    37,139     33,498
    
  
  
  

 

Ratio of Earnings to Fixed Charges

   2.89    2.23    3.33    —   (a)   1.05
    
  
  
  

 

 

(a) In fiscal 2001, earnings were insufficient to cover fixed charges by $23.8 million