LANDRYS RESTAURANTS INC - FORM 10-Q - EX-12.1 - RATIO OF EARNINGS TO FIXED CHARGES - November 9, 2009

Attached files

file filename
10-Q - FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2009 - LANDRYS RESTAURANTS INCd10q.htm
EX-31.1 - SECTION 302 CERTIFICATION BY CEO - LANDRYS RESTAURANTS INCdex311.htm
EX-31.2 - SECTION 302 CERTIFICATION BY CFO - LANDRYS RESTAURANTS INCdex312.htm
EX-32 - SECTION 906 CERTIFICATIONS OF CEO AND CFO - LANDRYS RESTAURANTS INCdex32.htm

EXHIBIT 12.1

LANDRY’S RESTAURANTS, INC.

RATIO OF EARNINGS TO FIXED CHARGES

 

     Nine Months Ended
September 30,		  
     2009     2008  

Income from continuing operations, before taxes.

    $ 34,939,672      $ 14,121,639   

Fixed charges, as adjusted

      96,632,404        74,514,250   
                
   $ 131,572,076      $ 88,635,889   
                

Fixed charges:

     

Interest expense including amortization of debt costs.

    $ 82,696,295      $ 60,567,745   

Capitalized interest

      6,240,438        1,259,094   

Interest factor on rent (1/3 rent expense)

      13,936,109        13,946,505   
                

Total fixed charges.

      102,872,842        75,773,344   

Less capitalized interest

      (6,240,438 )      (1,259,094 ) 
                

Fixed charges, as adjusted.

    $ 96,632,404      $ 74,514,250   
                

Ratio of earnings to fixed charges

      1.3        1.2   
                

LANDRYS RESTAURANTS INC Reports