EX-12.1 3 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 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)
    Twelve months
Ended
December 29,
2007
(unaudited)

Consolidated pretax income (loss) from continuing operations

   27,176    41,277    (20,947 )   (2,329 )   (6,089 )   4,240

Interest

   14,071    13,371    3,682     41,359     60,065     61,633

Interest portion of rent expense

   8,104    8,412    2,214     7,010     9,957     11,169
                                

Earnings

   49,351    63,060    (15,051 )   46,040     63,933     77,042
                                

Interest

   14,071    13,371    3,682     41,359     60,065     61,633

Interest portion of rent expense

   8,104    8,412    2,214     7,010     9,957     11,169
                                

Fixed Charges

   22,175    21,783    5,896     48,369     70,022     72,802
                                

Ratio of Earnings to Fixed Charges

   2.23    2.89    —   (a)   —   (b)   —   (c)   1.06
                                

 

(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