Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - AUTOZONE INC | Financial_Report.xls |
| EX-32.1 - EX.32.1 SECTION 906 CERTIFICATION OF PEO - AUTOZONE INC | c93404exv32w1.htm |
| EX-15.1 - EX.15.1 LETTER FROM ERNST & YOUNG LLP - AUTOZONE INC | c93404exv15w1.htm |
| EX-31.1 - EX.31.1 SECTION 302 CERTIFICATION OF PEO - AUTOZONE INC | c93404exv31w1.htm |
| EX-31.2 - EX.31.2 SECTION 302 CERTIFICATION OF PFO - AUTOZONE INC | c93404exv31w2.htm |
| EX-32.2 - EX.32.2 SECTION 906 CERTIFICATION OF PFO - AUTOZONE INC | c93404exv32w2.htm |
| 10-Q - FORM 10-Q - AUTOZONE INC | c93404e10vq.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(unaudited)
(in thousands, except ratios)
(unaudited)
(in thousands, except ratios)
| Twelve Weeks Ended | ||||||||
| November 21, | November 22, | |||||||
| 2009 | 2008 | |||||||
Earnings: |
||||||||
Income before income taxes |
$ | 224,088 | $ | 207,373 | ||||
Fixed charges |
51,128 | 45,066 | ||||||
Less: Capitalized interest |
(241 | ) | (172 | ) | ||||
Adjusted earnings |
$ | 274,975 | $ | 252,267 | ||||
Fixed charges: |
||||||||
Gross interest expense |
$ | 35,800 | $ | 31,920 | ||||
Amortization of debt expense |
1,489 | 620 | ||||||
Interest portion of rent expense |
13,839 | 12,526 | ||||||
Total fixed charges |
$ | 51,128 | $ | 45,066 | ||||
Ratio of earnings to fixed charges |
5.4 | 5.6 | ||||||
| Fiscal Year Ended August | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
| (52 weeks) | (53 weeks) | (52 weeks) | (52 weeks) | (52 weeks) | ||||||||||||||||
Earnings: |
||||||||||||||||||||
Income before income taxes |
$ | 1,033,746 | $ | 1,007,389 | $ | 936,150 | $ | 902,036 | $ | 873,221 | ||||||||||
Fixed charges |
204,017 | 173,311 | 170,852 | 156,976 | 144,930 | |||||||||||||||
Less: Capitalized interest |
(1,301 | ) | (1,313 | ) | (1,376 | ) | (1,985 | ) | (1,079 | ) | ||||||||||
Adjusted earnings |
$ | 1,236,462 | $ | 1,179,387 | $ | 1,105,626 | $ | 1,057,027 | $ | 1,017,072 | ||||||||||
Fixed charges: |
||||||||||||||||||||
Gross interest expense |
$ | 143,860 | $ | 120,006 | $ | 121,592 | $ | 110,568 | $ | 102,341 | ||||||||||
Amortization of debt expense |
3,644 | 1,837 | 1,719 | 1,559 | 2,343 | |||||||||||||||
Interest portion of rent expense |
56,513 | 51,468 | 47,541 | 44,849 | 40,246 | |||||||||||||||
Total fixed charges |
$ | 204,017 | $ | 173,311 | $ | 170,852 | $ | 156,976 | $ | 144,930 | ||||||||||
Ratio of earnings to fixed charges |
6.1 | 6.8 | 6.5 | 6.7 | 7.0 | |||||||||||||||