EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

 

Whole Foods Market, Inc.

Computation of Ratio of Earnings to Fixed Charges

 

     Sept 26,
2004


   Sept 28,
2003


   Sept 29,
2002


   Sept 30,
2001


   Sept 24,
2000


Earnings:

                        

Income from continuing operations before income taxes and equity in losses of unconsolidated affiliate

   228,328    172,813    140,818    95,455    77,585

Rent expense

   88,987    77,407    66,759    57,326    47,149
     x 1/3    x 1/3    x 1/3    x 1/3    x 1/3
    
  
  
  
  

One-third of rent expense

   29,662    25,802    22,253    19,109    15,716

Interest expense

   7,249    8,114    10,384    17,891    15,093
    
  
  
  
  

Fixed charges to add to earnings

   36,911    33,916    32,637    37,000    30,809
    
  
  
  
  

Total available earnings

   265,239    206,729    173,455    132,455    108,394
    
  
  
  
  

Fixed Charges:

                        

Interest expense

   7,249    8,114    10,384    17,891    15,093

Capitalized interest

   2,132    1,385    1,433    2,112    2,274
    
  
  
  
  

Total interest

   9,381    9,499    11,817    20,003    17,367

One-third of rent expense

   29,662    25,802    22,253    19,109    15,716
    
  
  
  
  

Total fixed charges

   39,043    35,301    34,070    39,112    33,083
    
  
  
  
  

Ratio of earnings to fixed charges

   6.79x    5.86x    5.09x    3.39x    3.28