EX-12.1 2 d287053dex121.htm STATEMENT SETTING FORTH THE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement setting forth the Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

American Tire Distributors Holdings, Inc.

Statement Regarding: Computation of Ratio of Earnings to Fixed Charges

(Amounts in thousands, except ratio amounts)

 

             Predecessor          Successor  
             Twelve
months
Ended
December 29,
2007
(unaudited)		     Twelve
months
Ended
January 3,
2009
(unaudited)		     Twelve
months
Ended
January 2,
2010
(unaudited)		     Five
months
Ended
May 28,
2010
(unaudited)		          Seven
months
Ended
January 1,
2011
(unaudited)		     Twelve
months
Ended
December 31,
2011
(unaudited)		  

Consolidated pretax income (loss) from operations

        $ 4,240      $ 21,044      $ 12,258      $ (51,303 )        $ (59,607 )    $ 4,474   

Interest

          61,633        59,169        54,415        32,669            37,391        67,580   

Interest portion of rent expense

          11,169        12,390        15,822        6,599            9,738        19,499   
      

 

 

    

 

 

    

 

 

    

 

 

        

 

 

    

 

 

  

Earnings

        $ 77,042      $ 92,603      $ 82,495      $ (12,035 )        $ (12,478 )    $ 91,553   
      

 

 

    

 

 

    

 

 

    

 

 

        

 

 

    

 

 

  

Interest

        $ 61,633      $ 59,169      $ 54,415      $ 32,669          $ 37,391      $ 67,580   

Interest portion of rent expense

          11,169        12,390        15,822        6,599            9,738        19,499   
      

 

 

    

 

 

    

 

 

    

 

 

        

 

 

    

 

 

  

Fixed Charges

        $ 72,802      $ 71,559      $ 70,237      $ 39,268          $ 47,129      $ 87,079   
      

 

 

    

 

 

    

 

 

    

 

 

        

 

 

    

 

 

  

Ratio of Earnings to Fixed Charges

          1.06        1.29        1.17        —   (a)          —   (b)      1.05   
      

 

 

    

 

 

    

 

 

    

 

 

        

 

 

    

 

 

  

 

 

(a) In the five months ended May 28, 2010, earnings were insufficient to cover fixed charges by $51.3 million
(b) In the seven months ended January 1, 2011, earnings were insufficient to cover fixed charges by $59.6 million