EX-12.1 2 a07-23997_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)

 

 

Twenty-Six
Weeks Ended
August 5, 2007

 

145-Day Period From
March 8, 2006 to
July 30, 2006

 

 

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

 

 

 

(Successor)

 

(Successor)

 

 

(Predecessor)

 

 

 

 

 

 

 

 

 

 

Income (loss) before provision for income taxes

 

$

(3,560

)

$

(9,248

)

 

$

908

 

Add: Total fixed charges (per below)

 

20,809

 

17,018

 

 

1,832

 

Less: Capitalized interest

 

112

 

80

 

 

70

 

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

 

17,137

 

7,690

 

 

2,670

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

Interest expense (1)

 

14,151

 

10,578

 

 

688

 

Bridge funding fee

 

 

1,313

 

 

 

Capitalized interest

 

112

 

80

 

 

70

 

Estimate of interest included in rental expense (2)

 

6,546

 

5,047

 

 

1,074

 

Total fixed charges

 

$

20,809

 

$

17,018

 

 

$

1,832

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges (3)

 

0.82

x

0.45

x

 

1.46

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 twenty-six weeks ended August 5, 2007 (Successor) were insufficient to cover the fixed charges by $3,672.