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

Exhibit 12.1

 

American Tire Distributors Holdings, Inc.

Statement Regarding: Computation of Ratio of Earnings to Fixed Charges

(Amounts in thousands, except ratio amounts)

 

     Predecessor

    Successor

 
     Twelve months
Ended
December 30,
2000
(unaudited)


   Twelve months
Ended
December 29,
2001
(unaudited)


    Twelve months
Ended
December 28,
2002
(unaudited)


   Twelve months
Ended
December 27,
2003
(unaudited)


   Twelve months
Ended
January 1,
2005
(unaudited)


  

Six months
Ended

July 3,
2004
(unaudited)


  

Three months
Ended

April 2,

2005
(unaudited)


   

Three months
Ended

July 2,

2005
(unaudited)


 

Consolidated pretax
income (loss) from
continuing operations

   1,657    (23,798 )   62,693    27,176    41,277    19,857    (20,947 )   (5,790 )

Interest

   26,447    28,639     18,705    14,071    13,371    5,844    3,682     13,402  

Interest portion of rent expense

   7,051    8,500     8,194    8,104    8,412    4,004    2,214     2,259  
    
  

 
  
  
  
  

 

Earnings

   35,155    13,341     89,592    49,351    63,060    29,705    (15,051 )   9,871  
    
  

 
  
  
  
  

 

Interest

   26,447    28,639     18,705    14,071    13,371    5,844    3,682     13,402  

Interest portion of rent expense

   7,051    8,500     8,194    8,104    8,412    4,004    2,214     2,259  
    
  

 
  
  
  
  

 

Fixed Charges

   33,498    37,139     26,899    22,175    21,783    9,848    5,896     15,661  
    
  

 
  
  
  
  

 

Ratio of Earnings
to Fixed Charges

   1.05    —   (a)   3.33    2.23    2.89    3.02    (b)   (c)
    
  

 
  
  
  
  

 

(a)   In fiscal 2001, earnings were insufficient to cover fixed charges by $23.8 million
(b)   In first quarter fiscal 2005, earnings were insufficient to cover fixed charges by $20.9 million
(c)   In second quarter fiscal 2005, earnings were insufficient to cover fixed charges by $5.8 million