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)

 

     Twenty-Six
Weeks Ended
August 3, 2008		    Twenty-Six
Weeks Ended
August 5, 2007		  

Income (loss) before provision for income taxes

    $ 9,126    $ (3,560 )

Add: Total fixed charges (per below)

      19,318      20,809  

Less: Capitalized interest

      244      112  
               

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

      28,200      17,137  

Fixed charges:

      

Interest expense (1)

      12,284      14,151  

Capitalized interest

      244      112  

Estimate of interest included in rental expense (2)

      6,790      6,546  
               

Total fixed charges

    $ 19,318    $ 20,809  

Ratio of earnings to fixed charges (3)

     1.46x      .82x  

 

(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 ended August 5, 2007 were insufficient to cover the fixed charges by $3,672.