EX-12 2 exhibit12_1.htm EXHIBIT 12.1 exhibit12_1.htm -    

 

Exhibit 12.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NASH FINCH COMPANY AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended

 

40 Weeks Ended

 

Jan. 3,

2009

 

Jan. 2,

2010

 

Jan. 1,

2011

 

Dec. 31,

2011

 

Dec. 29,

2012

 

Oct. 6,

2012

 

Oct. 5,

2013

(In thousands, except ratios)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense on

$

26,466

 

24,372

 

23,403

 

24,894

 

24,944

 

18,672

 

15,571

Indebtedness

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rent expense (1/3 of total

 

7,299

 

8,565

 

8,164

 

6,400

 

7,612

 

5,614

 

6,420

rent expense)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

$

33,765

 

32,937

 

31,567

 

31,294

 

32,556

 

24,286

 

21,991

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before

$

53,791

 

23,750

 

72,126

 

58,428

 

(121,694)

 

(81,276)

 

27,271

provision for income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

33,765

 

32,937

 

31,567

 

31,294

 

32,556

 

24,286

 

21,991

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total earnings (loss)

$

87,556

 

56,687

 

103,693

 

89,722

 

(89,138)

 

(56,990)

 

49,262

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio

 

2.59x

 

1.72x

 

3.28x

 

2.87x

 

-2.74x

 

-2.35x

 

2.24x