EX-12.1 2 dex121.htm STATEMENT RE: COMPUTATION OF RATIOS Statement re: Computation of Ratios

Exhibit 12.1

 

American Tire Distributors, Inc.

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(Amounts in thousands, except ratio amounts)

 

    

Three months

Ended
April 2,

2005

(unaudited)


   

Three months

Ended
April 3,

2004

(unaudited)


   Twelve months
Ended
January 1,
2005
(unaudited)


   Twelve months
Ended
December 27,
2003
(unaudited)


   Twelve months
Ended
December 28,
2002
(unaudited)


   Twelve months
Ended
December 29,
2001
(unaudited)


    Twelve months
Ended
December 30,
2000
(unaudited)


Consolidated pretax income (loss) from continuing operations

   (20,947 )   9,398    41,277    27,176    62,693    (23,798 )   1,657

Interest

   3,682     3,494    13,371    14,071    18,705    28,639     26,447

Interest portion of rent expense

   2,214     1,994    8,412    8,104    8,194    8,500     7,051
    

 
  
  
  
  

 

Earnings

   (15,051 )   14,886    63,060    49,351    89,592    13,341     35,155
    

 
  
  
  
  

 

Interest

   3,682     3,494    13,371    14,071    18,705    28,639     26,447

Interest portion of rent expense

   2,214     1,994    8,412    8,104    8,194    8,500     7,051
    

 
  
  
  
  

 

Fixed Charges

   5,896     5,488    21,783    22,175    26,899    37,139     33,498
    

 
  
  
  
  

 

Ratio of Earnings to Fixed Charges

   (a)   2.71    2.89    2.23    3.33    (a)   1.05
    

 
  
  
  
  

 

 

(a) In first quarter fiscal 2005 and fiscal 2001, earnings were insufficient to cover fixed charges by $20.9 million and $23.8 million, respectively.