EX-12.1 5 d568081dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

Associated Materials, LLC

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

     Years Ended                        Years Ended     Quarter Ended  
     January 3,
2009
    January 2,
2010
     January 3, 2010
to
October 12, 2010
          October 13, 2010
to
January 1, 2011
    December 31,
2011
    December 29,
2012
    March 31,
2012
    March 30,
2013
 
     Predecessor           Successor  

Earnings:

                      

Income (loss) before income taxes

   $ (23,335   $ 23,048       $ (66,054        $ (56,462   $ (223,223   $ (32,762   $ (37,101   $ (31,175

Plus: Fixed charges

     93,727        88,812         67,895             18,621        87,982        87,544        21,821        21,848   
  

 

 

   

 

 

    

 

 

        

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings (loss)

   $ 70,392      $ 111,860       $ 1,841           $ (37,841   $ (135,241   $ 54,782      $ (15,280   $ (9,327
  

 

 

   

 

 

    

 

 

        

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed charges:

                      

Interest expense

   $ 82,567      $ 77,352       $ 58,759           $ 16,120      $ 75,729      $ 75,520      $ 18,687      $ 18,841   

Plus: Imputed interest on operating leases

     11,160        11,460         9,136             2,501        12,253        12,024        3,134        3,007   
  

 

 

   

 

 

    

 

 

        

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

   $ 93,727      $ 88,812       $ 67,895           $ 18,621      $ 87,982      $ 87,544      $ 21,821      $ 21,848   
  

 

 

   

 

 

    

 

 

        

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     0.75        1.26         0.03             —  (1     —  (1     0.63        —  (1     —  (1
  

 

 

   

 

 

    

 

 

        

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) For the predecessor year ended January 3, 2009, the predecessor period January 3, 2010 to October 12, 2010, the successor period October 13, 2010 to January 1, 2011, the years ended December 31, 2011 and December 29, 2012 and the quarters ended March 31, 2012 and March 30, 2013, earnings were not adequate to cover fixed charges by $23.3 million, $66.1 million, $56.5 million, $223.2 million, $32.8 million, $37.1 million and $31.1 million, respectively.