EX-12.1 3 s001330x1_ex12-1.htm EXHIBIT 12.1

Exhibit 12.1

 

The Chefs’ Warehouse, Inc.

 

Ratio of Earnings to Fixed Charges

 

(in thousands)

 

   THREE MONTHS ENDED  FISCAL YEAR ENDED
DESCRIPTION  MARCH 25, 2016  DECEMBER 25, 2015  DECEMBER 26, 2014  DECEMBER 24, 2013  DECEMBER 28, 2012  DECEMBER 30, 2011
Earnings:                              
Pretax income    1,701    27,711    24,848    28,798    25,075    13,301 
Plus:                              
Fixed Charges    3,656    13,723    8,989    7,865    3,689    14,570 
Less:                              
Capitalized Interest    —      (739)   (822)   (90)   (15)     
Earnings    5,357    40,695    33,015    36,573    28,749    27,871 
Fixed Charges:                              
Expensed Interest (1)    3,656    12,984    8,167    7,775    3,674    14,570 
Capitalized Interest    —      739    822    90    15      
Amortized Deferred
Financing Costs 		   —      —      —      —             
Fixed Charges    3,656    13,723    8,989    7,865    3,689    14,570 
Ratio of Earnings to Fixed Charges    1.47x   2.97x   3.67x   4.65x   7.79x   1.91x

 

(1)Expensed interest includes amortized debt premiums, discounts and deferred financing costs for each of the periods presented.