EX-12 2 exhibit12_1.htm EXHIBIT 12.1 exhibit12_1.htm - Generated by SEC Publisher for SEC Filing  

 

Exhibit 12.1

 

NASH-FINCH COMPANY AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 

 

 

Fiscal Year Ended

(in thousands, except ratios)

January 3,

 2009

  

January 2,

 2010

  

January 1,

2011

  

December 31,

2011

  

December 29,

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense on indebtedness

$

26,466

 

$

24,372

 

$

23,403

 

$

24,894

 

$

24,944

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rent expense (1/3 of total rent expense)

 

7,299

 

 

8,565

 

 

8,164

 

 

6,400

 

 

7,612

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

$

33,765

 

$

32,937

 

$

31,567

 

$

31,294

 

$

32,556

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) before provision for income taxes

$

53,791

 

$

23,750

 

$

72,126

 

$

58,428

 

$

(121,694)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

33,765

 

 

32,937

 

 

31,567

 

 

31,294

 

 

32,556

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total earnings (loss)

$

87,556

 

$

56,687

 

$

103,693

 

$

89,722

 

$

(89,138)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio

 

2.59

 

 

1.72

 

 

3.28

 

 

2.87

 

 

(2.74)