EX-12.1 7 file003.htm RATIO OF EARNINGS TO FIXED CHARGE COVERAGE



                                                                  EXHIBIT 12.1

                             THE WARNACO GROUP, INC.
                       RATIO OF EARNINGS TO FIXED CHARGES




                                                        PERIOD          PERIOD
                                                         FROM            FROM
                                                       FEBRUARY 5,     JANUARY 5,
                                                         2003            2003
                                                          to              to                           Fiscal
                                                        JANUARY 3,     FEBRUARY 4,   ------------------------------------------
FIXED CHARGE COVERAGE RATIO:                             2004             2003         2002        2001        2000     1999
                                                      ------------    ------------   -------    --------     -------   --------


Details of fixed charges coverage ratio:
    Interest expense                                     $ 20.6           $ 1.8      $ 20.0     $ 122.2      $ 170.2    $ 79.9
    Capitalized interest                                      -               -           -           -            -         -
    Interest on operating leases                           16.4             1.3        27.6        45.2         59.3      53.8
                                                         ------         -------      ------     -------      -------    ------
    Total fixed charges                                    37.0             3.0        47.6       167.4        229.5     133.7
                                                         ======         =======      ======     =======      =======    ======

    Pre-tax income (loss) from continuing operations       32.4         2,437.2      (104.3)     (642.5)      (342.1)    124.0
    Fixed charges                                          37.0             3.0        47.6       167.4        229.5     133.7
                                                         ======         =======      ======     =======      =======    ======
    Total adjusted earnings                                69.4         2,440.2       (56.7)     (475.1)      (112.6)    257.7
                                                         ======         =======      ======     =======      =======    ======

    FIXED CHARGE COVERAGE                                  1.87          802.92         n/a         n/a          n/a      1.93
                                                         ======         =======      ======     =======      =======    ======

    DEFICIT OF EARNINGS TO FIXED CHARGES                    n/a             n/a     $ 104.3     $ 642.5      $ 342.1       n/a
                                                         ======         =======      ======     =======      =======    ======