EX-12.1 10 dex121.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement Regarding Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

Tempur-Pedic International Inc.

Ratio of Earnings To Fixed Charges (Unaudited)

   
    Pre-Predecessor

    Predecessor

   

Tempur-Pedic International Inc.


    (a)                          
   

Twelve Months

Ended
December 31,
1999


    Twelve Months
Ended
December 31,
2000


  Twelve Months
Ended
December 31,
2001


 

Period from
January 1,
2002 to

October 31,
2002


   

Period from
November 1,
2002 to

December 31,
2002


    Twelve Months
Ended
December 31,
2003


FIXED CHARGES:

                             

Interest Expense

      —       4,626,238   6,952,564   6,604,562     3,046,460     18,929,319
   

Interest Portion of Rental Expense (b)

  —       70,193   44,987   105,365     4,358     228,444

Amortization of debt issue costs and

                             

Discount or Premium Relating to Indebtedness

  —       —     159,073   1,115,608     370,969     2,266,685
   

 
 
 

 

 

TOTAL FIXED CHARGES

  —       4,696,431   7,156,624   7,825,535     3,421,787     21,424,448
   

 
 
 

 

 

EARNINGS:

                             

Income From Continuing Operation

                             

Before Income Taxes

  —       19,265,000   23,500,000   32,377,000     (1,965,000 )   61,201,742

Fixed charges

  —       4,696,431   7,156,624   7,825,535     3,421,787     21,424,448
   

 
 
 

 

 

TOTAL

  —       23,961,431   30,656,624   40,202,535     1,456,787     82,626,190
   

 
 
 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

  —       5.10   4.28   5.14     0.43     3.86

 

(a)   The pre-predecessor consolidated information is unavailable for these periods.

 

(b)   Interest portion of rental expense is based upon 11.1% the average imputed interest rate within the Company’s operating leases.