EX-12.1 2 l26296eexv12w1.htm EX-12.1 EX-12.1
 

Exhibit 12.1
RATIO OF EARNINGS TO FIXED CHARGES
     The following table shows the ratio of earnings to fixed charges for the year ended December 31, 2002, the period from January 1, 2003 to December 4, 2003, the period from December 5, 2003 to December 31, 2003, the years ended December 31, 2004, 2005 and 2006, the period from January 1, 2007 to March 15, 2007, the period from March 16, 2007 to June 30, 2007, and the six months ended June 30, 2006. We have computed these ratios by dividing earnings available for fixed charges (income before income taxes and fixed charges) by fixed charges (interest cost, amortization of debt expense, and the portion of rental expenses deemed to be representative of the interest factor in those rentals.)
Computation of General Nutrition Centers, Inc. Ratio of Earnings to Fixed Charges
(Dollars in millions, except ratios)
                                                                         
    Predecessor              
            Period     Period                                     Successor     Predecessor  
            from     from                                     Period     Six  
    Year     January     December     Year     Year     Year     Period     from March     Months  
    Ended     1, 2003 to     5, 2003 to     Ended     Ended     Ended     ended     16, 2007     Ended  
    December     December     December     December     December     December     March     to June     June  
    31, 2002     4, 2003     31, 2003     31, 2004     31, 2005     31, 2006     15, 2007     30, 2007     30, 2006  
 
                                                                        
Earnings (deficit) available for fixed charges:
                                                                        
Income (deficit) before income taxes
   $ (70.2 )   $ (759.4 )   $ 0.6     $ 67.7     $ 29.5     $ 59.6     $ (61.9 )   $ 17.0     $ 39.2  
Interest Expense
     138.0       122.5       2.8       35.5       45.5       43.7       43.3       51.5       19.8  
Estimated interest component of net rental expense
     38.9       35.2       2.7       36.7       36.8       38.0       8.1       19.3       18.7  
Amortization of debt expense
     —       91.8       —       —       2.0       2.0       0.3       0.4       1.0  
 
                                                      
Earnings available for fixed charges
   $ 106.7     $ (509.9 )   $ 6.1     $ 139.9     $ 113.8     $ 143.3     $ (10.2 )   $ 88.2     $ 78.7  
 
                                                      
Fixed Charges:
                                                                        
Interest Expense
   $ 138.0     $ 122.5     $ 2.8     $ 35.5     $ 45.5     $ 43.7     $ 43.3     $ 51.5     $ 19.8  
Amortization of debt expense
     —       91.8       —       —       2.0       2.0       0.3       0.4       1.0  
Estimated interest component of net rental expense
     38.9       35.2       2.7       36.7       36.8       38.0       8.1       19.3       18.7  
 
                                                      
Total fixed charges
   $ 176.9     $ 249.5     $ 5.5     $ 72.2     $ 84.3     $ 83.7     $ 51.7     $ 71.2     $ 39.5  
 
                                                      
Consolidated Ratio of Earnings to Fixed Charges
     0.60       (2.04 )     1.11       1.94       1.35       1.71       (0.20 )     1.24       1.99  
 
(1)   Earnings were insufficient to cover fixed charges for the year ended December 31, 2002, the period ended December 4, 2003, and the period ended March 15, 2007.