EX-12.1 8 y61690a1exv12w1.txt STATEMENT OF COMPUTATION OF RATIO OF EARNINGS EXHIBIT 12.1 ASSOCIATED MATERIALS INCORPORATED COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (IN THOUSANDS, EXCEPT RATIOS)
One Hundred | Seventy Six Months Eight Days | Three Days Ended Ended | Ended Twelve Months Ended December 31, June 30, April 18, | June 30, ------------------------------------------ -------- --------- | ----------- 1997 1998 1999 2000 2001 2001 2002 (a) | 2002 ------ ------ ------------ ------ ------ -------- -------- | ---------- Predecessor Predecessor Predecessor| Successor -------------------------------------------------- ----------- -----------| --------- | Income (loss) before | income | tax expense $22,613 $24,438 $33,528 $40,110 $41,320 $10,238 $(4,780) | $ 8,021 | Fixed Charges | Interest expense $ 9,795 $ 7,978 $ 7,108 $ 7,177 $ 7,172 3,649 2,153 | 6,213 Portion of rents representative | of interest factor 3,904 4,016 4,337 4,842 5,893 2,745 1,996 | 993 Amortization of debt 398 295 275 274 274 138 69 | -- ------- ------- ------- ------- ------- ------- ------- | ------- | Total fixed charges $14,097 $12,289 $11,720 $12,293 $13,339 $ 6,532 $ 4,218 | $ 7,206 ======= ======= ======= ======= ======= ======= ======= | ======= | Earnings/(losses): $36,710 $36,727 $45,248 $52,403 $54,659 $16,770 $ (562) | $15,227 | Ratio of earnings to fixed charges 2.6 3.0 3.9 4.3 4.1 2.6 -- | 2.1 ======= ======= ======= ======= ======= ======= ======= | =======
(a) The deficiency in the ratio of earnings to fixed charges is approximately $4.8 million for the one hundred eight days ended April 18, 2002.