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 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 31,
2005

(unaudited)

   

Twelve months
Ended
December 30,
2006

(unaudited)

 

Consolidated pretax income (loss) from continuing operations

   62,693    27,176    41,277    (20,947 )   (2,329 )   (6,089 )

Interest

   18,705    14,071    13,371    3,682     41,359     60,065  

Interest portion of rent expense

   8,194    8,104    8,412    2,214     7,010     9,957  
                                 

Earnings

   89,592    49,351    63,060    (15,051 )   46,040     63,933  
                                 

Interest

   18,705    14,071    13,371    3,682     41,359     60,065  

Interest portion of rent expense

   8,194    8,104    8,412    2,214     7,010     9,957  
                                 

Fixed Charges

   26,899    22,175    21,783    5,896     48,369     70,022  
                                 

Ratio of Earnings to Fixed Charges

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

(a) In first quarter fiscal 2005, earnings were insufficient to cover fixed charges by $20.9 million
(b) In the nine months ended December 31, 2005, earnings were insufficient to cover fixed charges by $2.3 million
(b) In the twelve months ended December 30, 2006, earnings were insufficient to cover fixed charges by $6.1 million