EX-12.1 3 dex121.htm COMPUTATION OF RATIOS 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 29,
2001
(unaudited)
    Twelve months
Ended
December 28,
2002
(unaudited)
   Twelve months
Ended
December 27,
2003
(unaudited)
   Twelve months
Ended
January 1,
2005
(unaudited)
  

Three months
Ended

April 2,

2005
(unaudited)

    Nine months
Ended
December 1,
2005
(unaudited)
 

Consolidated pretax income (loss) from continuing operations

   (23,798 )   62,693    27,176    41,277    (20,947 )   (2,329 )

Interest

   28,639     18,705    14,071    13,371    3,682     41,359  

Interest portion of rent expense

   8,500     8,194    8,104    8,412    2,214     7,010  
                                 

Earnings

   13,341     89,592    49,351    63,060    (15,051 )   46,040  
                                 

Interest

   28,639     18,705    14,071    13,371    3,682     41,359  

Interest portion of rent expense

   8,500     8,194    8,104    8,412    2,214     7,010  
                                 

Fixed Charges

   37,139     26,899    22,175    21,783    5,896     48,369  
                                 

Ratio of Earnings to Fixed Charges

   —   (a)   3.33    2.23    2.89    —   (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 the nine months ended December 31, 2005, earnings were insufficient to cover fixed charges by $2.3 million