Attached files
| file | filename |
|---|---|
| 10-K - ANNUAL REPORT PURSUANT TO SECTION 13 AND 15(D) - WHOLE FOODS MARKET INC | a09-34257_110k.htm |
| EX-3.1 - EX-3.1 - WHOLE FOODS MARKET INC | a09-34257_1ex3d1.htm |
| EX-3.2 - EX-3.2 - WHOLE FOODS MARKET INC | a09-34257_1ex3d2.htm |
| EX-31.2 - EX-31.2 - WHOLE FOODS MARKET INC | a09-34257_1ex31d2.htm |
| EX-32.1 - EX-32.1 - WHOLE FOODS MARKET INC | a09-34257_1ex32d1.htm |
| EX-23.1 - EX-23.1 - WHOLE FOODS MARKET INC | a09-34257_1ex23d1.htm |
| EX-21.1 - EX-21.1 - WHOLE FOODS MARKET INC | a09-34257_1ex21d1.htm |
| EX-31.1 - EX-31.1 - WHOLE FOODS MARKET INC | a09-34257_1ex31d1.htm |
| EX-32.2 - EX-32.2 - WHOLE FOODS MARKET INC | a09-34257_1ex32d2.htm |
Exhibit 12.1
Whole Foods Market, Inc.
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratio data)
|
|
|
Sept 27, |
|
Sept 28, |
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Sept 30, |
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Sept 24, |
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Sept 25, |
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|
|
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2009 |
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2008 |
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2007 |
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2006 |
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2005 |
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Earnings: |
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|
|
|
|
|
|
|
|
|
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|||||
|
Income before income taxes |
|
$ |
250,942 |
|
$ |
206,519 |
|
$ |
304,567 |
|
$ |
339,713 |
|
$ |
237,133 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
Rent expense |
|
281,903 |
|
257,465 |
|
200,999 |
|
153,059 |
|
124,772 |
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|||||
|
|
|
x 1/3 |
|
x 1/3 |
|
x 1/3 |
|
x 1/3 |
|
x 1/3 |
|
|||||
|
One-third of rent expense |
|
93,968 |
|
85,822 |
|
67,000 |
|
51,020 |
|
41,591 |
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|||||
|
Interest expense |
|
36,856 |
|
36,416 |
|
4,208 |
|
32 |
|
2,223 |
|
|||||
|
Fixed charges to add to earnings |
|
130,824 |
|
122,238 |
|
71,208 |
|
51,052 |
|
43,814 |
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|||||
|
Total available earnings |
|
$ |
381,766 |
|
$ |
328,757 |
|
$ |
375,775 |
|
$ |
390,765 |
|
$ |
280,947 |
|
|
|
|
|
|
|
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Fixed Charges: |
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|
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|
Interest expense |
|
$ |
36,856 |
|
$ |
36,416 |
|
$ |
4,208 |
|
$ |
32 |
|
$ |
2,223 |
|
|
Capitalized interest |
|
5,171 |
|
6,028 |
|
882 |
|
928 |
|
2,976 |
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|||||
|
Total interest |
|
42,027 |
|
42,444 |
|
5,090 |
|
960 |
|
5,199 |
|
|||||
|
One-third of rent expense |
|
93,968 |
|
85,822 |
|
67,000 |
|
51,020 |
|
41,591 |
|
|||||
|
Preferred share dividends |
|
28,050 |
|
— |
|
— |
|
— |
|
— |
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|
Total fixed charges |
|
$ |
164,045 |
|
$ |
128,266 |
|
$ |
72,090 |
|
$ |
51,980 |
|
$ |
46,790 |
|
|
|
|
|
|
|
|
|
|
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|
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|
Ratio of earnings to fixed charges |
|
2.33x |
|
2.56x |
|
5.21x |
|
7.52x |
|
6.00x |
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