EX-12.1 2 dex121.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement Regarding Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

DAVE & BUSTER’S, INC.

COMPUTATION OF RATIO OF EARNINGS

TO FIXED CHARGES

(dollars in thousands, except ratios)

 

     Thirteen Weeks
Ended
May 4, 2008		     Thirteen Weeks
Ended
May 6, 2007		  

Income (loss) before provision for income taxes

    $ 7,968     $ (2,014 )

Add: Total fixed charges (per below)

      9,755       10,945  

Less: Capitalized interest

      100       10  
                

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

      17,623       8,921  

Fixed charges:

     

Interest expense (1)

      6,367       7,697  

Capitalized interest

      100       10  

Estimate of interest included in rental expense (2)

      3,288       3,238  
                

Total fixed charges

    $ 9,755     $ 10,945  

Ratio of earnings to fixed charges (3)

     1.81 x     .82 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 thirteen weeks ended May 6, 2007 were insufficient to cover the fixed charges by $2,024.