EX-12.1 4 a2142986zex-12_1.txt EXHIBIT 12.1 Exhibit 12.1 PRESTIGE BRANDS INTERNATIONAL RATIO OF EARNINGS TO FIXED CHARGES FISCAL YEAR UNLESS OTHERWISE INDICATED ($ IN THOUSANDS)
Period from Period from April 1, 2003 February 7, 2004 Pro Forma 2001 2002 2003 to February 6, 2004 to March 31, 2004 2004 --------- --------- --------- ------------------- ------------------- --------- Pre-tax income (loss) from continuing operations $ 2,391 $ 938 $ 6,909 $ 4,077 $ 2,844 $ 29,818 Fixed charges: Interest expense $ 2,086 $ 8,847 $ 9,806 $ 8,195 $ 1,735 $ 43,434 One third of rent expense 84 104 113 118 25 263 --------- --------- --------- ------------------- ------------------- --------- Total fixed charges 2,170 8,951 9,919 8,313 1,760 43,697 --------- --------- --------- ------------------- ------------------- --------- Pre-tax income (loss) from continuing operations plus fixed charges $ 4,561 $ 9,889 $ 16,828 $ 12,390 $ 4,604 $ 73,515 Ratio of earnings to fixed charges 2.1 1.1 1.7 1.5 2.6 1.7 ========= ========= ========= =================== =================== ========= Three Months Ended June 30, ----------------------------------- Pro Forma 2003 2004 2004 --------- --------- ---------- Pre-tax income (loss) from continuing operations $ 2,198 $ (7,963) $ (204) Fixed charges: Interest expense $ 2,171 $ 11,049 $ 10,819 One third of rent expense 36 62 62 --------- --------- ---------- Total fixed charges 2,207 11,111 10,881 --------- --------- ---------- Pre-tax income (loss) from continuing operations plus fixed charges $ 4,405 $ 3,148 $ 10,677 Ratio of earnings to fixed charges 2.0 (A) (A) ========== ========= =========
(A) Due to the pre tax loss on an actual and pro forma basis for the three months ended June 30, 2004, the ratio coverage is less than 1:1. The dollar amount of earnings required to attain a ratio of 1:1 is $7,963 and $204 on an actual and pro forma basis, respectively.