EX-12.1 4 a07-12748_2ex12d1.htm EX-12.1

Exhibit 12.1

DAVE & BUSTER’S, INC.

COMPUTATION OF RATIO OF EARNINGS

TO FIXED CHARGES

(dollars in thousands, except ratios)

 

334-Day Period from
March 8, 2006 to
February 4, 2007

 

 

37-Day Period from
January 30, 2006 to
March 7, 2006

 

January 29,
2006

 

 

 

(Successor)

 

 

(Predecessor)

 

(Predecessor)

 

 

 

 

 

 

 

 

 

 

Income before provision for income taxes

 

$

(20,655

)

 

$

908

 

$

6,304

 

Add: Total fixed charges (per below)

 

39,199

 

 

1,832

 

18,978

 

Less: Capitalized interest

 

252

 

 

70

 

295

 

Total income before provision for income taxes, plus fixed charges, less capitalized interest

 

18,292

 

 

2,670

 

24,987

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

Interest expense (1)

 

26,139

 

 

688

 

7,429

 

Bridge funding fee

 

1,313

 

 

 

 

Capitalized interest

 

252

 

 

70

 

295

 

Estimate of interest included in rental expense (2)

 

11,495

 

 

1,074

 

11,254

 

Total fixed charges

 

$

39,199

 

 

$

1,832

 

$

18,978

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges (3)

 

0.47

x

 

1.46

x

1.32

x

 


(1)

Interest expense includes interest in association with debt and amortization of debt issuance costs.

(2)

Fixed charges include our estimate of interest included in rental payments (one-third of rent expense under operating leases).

(3)

Earnings for the 334-day period ended February 4, 2007 (Successor) were insufficient to cover the fixed charges by $20,907.