EX-12 4 exhibit12.htm EXHIBIT 12 Exhibit 12

EXHIBIT 12

THE JONES GROUP INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions)

 

  Fiscal Nine Months Ended   Year Ended Deember 31,  
    October 2, 2010     October 3, 2009     2009     2008     2007     2006     2005  
Income (loss) from continuing operations before provision for income taxes $ 149.9   $ 67.7   $ (70.1 ) $ (772.9 ) $ (58.5 ) $ (245.1 ) $ 425.3  
Fixed charges:                                          
  Interest expense and amortization of financing costs.   41.7     46.5     55.6     49.1     51.5     50.5     76.2  
  Portion of rent expense representing interest   26.5     30.1     39.5     41.0     42.0     41.0     50.1  
  Total fixed charges   68.2     76.6     95.1     90.1     93.5     91.5     126.3  
Income (loss) from continuing operations before income taxes and fixed charges $ 218.1   $ 144.3   $ 25.0   $ (682.8 ) $ 35.0   $ (153.6 ) $ 551.6  
Ratio of earnings to fixed charges (1)   3.2     1.9     0.3 (2)   N/A (2)   0.4 (2)   N/A (2)   4.4  

 

(1) For purposes of the computation, the ratio of earnings to fixed charges has been calculated by dividing (a) income from continuing operations before income taxes and fixed charges by (b) fixed charges. Fixed charges are equal to interest expense plus the portion of the rent expense estimated to represent interest.
 
(2) Earnings were insufficient to cover fixed charges for the years 2009, 2008, 2007 and 2006 by $70.1 million, $772.9 million, $58.5 million and $245.1 million, respectively.