EX-12 8 cmw4442d.htm RATIO OF EARNINGS

The Marcus Corporation
Ratio of Earnings to Fixed Charges

(dollars in thousands)

Fiscal Year Ended
05/28/2009
05/29/2008
05/31/2007
05/25/2006
05/26/2005
Earnings:                        
Earnings from continuing operations  
  before income taxes   $ 27,366   $ 33,699   $ 43,503   $ 32,887   $ 31,320  

Add: Equity losses from unconsolidated
  
          joint ventures, net    476    411    1,366    1,868    1,090  
Add: Fixed charges (below)    18,235    17,945    16,554    16,167    16,753  
Add: Amortization of capitalized interest    19    18    18    20    22  
Less: Capitalized interest    (127 )  (62 )  (856 )  --    (835 )





    Total Earnings   $ 45,969   $ 52,011   $ 60,585   $ 50,942   $ 48,350  






Fixed Charges:
  
Interest expensed   $ 13,963   $ 15,157   $ 13,921   $ 14,397   $ 14,874  
Interest capitalized    127    62    856    --    835  
Amortized debt issuance costs    263    249    209    253    149  
Estimate of interest within rental expense    3,882    2,477    1,568    1,517    895  





    Total Fixed Charges   $ 18,235   $ 17,945   $ 16,554   $ 16,167   $ 16,753  






Ratio of Earnings to Fixed Charges (unaudited)
    2.52    2.90    3.66    3.15    2.89