EX-12.1 4 dex121.htm COMPUTATION OF RATIOS Computation of Ratios

CKE RESTAURANTS, INC. AND SUBSIDIARIES

EXHIBITS AND REPORTS ON FORM 8-K

(Dollars in thousands)

 

Exhibit 12.1

Computation of Ratios

 

     Sixteen Weeks Ended

     May 19,
2003


    May 20,
2002


Income (loss) before fixed charges:

              

Income (loss) from continuing operations

   $ (3,702 )   $ 12,971

Fixed charges

     21,514       21,047
    


 

     $ 17,812     $ 34,018
    


 

Fixed charges:

              

Interest expense

   $ 12,176     $ 13,049

Interest expense component of rent expense (1)

     9,338       7,998
    


 

     $ 21,514     $ 21,047
    


 

Fixed charges coverage ratio

     0.83       1.6X

(1) Calculated as one-third of rent expense