EX-12.1 2 a07-16546_1ex12d1.htm EX-12.1

Exhibit 12.1

DAVE & BUSTER’S, INC.

COMPUTATION OF RATIO OF EARNINGS

TO FIXED CHARGES

(dollars in thousands, except ratios)

 

 

Thirteen Weeks

 

54-Day Period From

 

 

37-Day Period From

 

 

 

Ended

 

March 8, 2006 to

 

 

January 30, 2006 to

 

 

 

 

May 6, 2006

 

 

 

April 30, 2006

 

 

 

 

March 7, 2006

 

 

 

 

(Successor)

 

(Successor)

 

 

(Predecessor)

 

 

 

 

 

 

 

 

 

 

Income (loss) before provision for income taxes

 

 

$

(2,014

)

 

$

(3,244

)

 

 

$

908

 

Add: Total fixed charges (per below)

 

 

10,945

 

 

6,973

 

 

 

1,832

 

Less: Capitalized interest

 

 

10

 

 

39

 

 

 

70

 

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

 

 

8,921

 

 

3,690

 

 

 

2,670

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest expense (1)

 

 

7,697

 

 

3,975

 

 

 

688

 

Bridge funding fee

 

 

—

 

 

1,313

 

 

 

—

 

Capitalized interest

 

 

10

 

 

39

 

 

 

70

 

Estimate of interest included in rental expense (2)

 

 

3,238

 

 

1,646

 

 

 

1,074

 

Total fixed charges

 

 

$

10,945

 

 

$

6,973

 

 

 

$

1,832

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges (3)

 

 

0.82x

 

 

0.53x

 

 

 

1.46x

 

 

(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 thirteen weeks ended May 6, 2007 (Successor) were insufficient to cover the fixed charges by $2,024.