Attached files
| file | filename |
|---|---|
| EX-31.2 - EX-31.2 - STATER BROS HOLDINGS INC | v54599exv31w2.htm |
| EX-32.1 - EX-32.1 - STATER BROS HOLDINGS INC | v54599exv32w1.htm |
| EX-31.1 - EX-31.1 - STATER BROS HOLDINGS INC | v54599exv31w1.htm |
| 10-K - FORM 10-K - STATER BROS HOLDINGS INC | v54599e10vk.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(Dollar amounts in thousands)
| Sept. 25, | Sept. 24, | Sept. 30, | Sept. 28, | Sept. 27, | ||||||||||||||||
| 2005(1) | 2006(1) | 2007(1) | 2008(1) | 2009(1) | ||||||||||||||||
Earnings: |
||||||||||||||||||||
Income before income taxes |
$ | 39,908 | $ | 44,011 | $ | 82,674 | $ | 66,630 | $ | 54,250 | ||||||||||
Amortization of capitalized interest |
251 | 219 | 226 | 469 | 849 | |||||||||||||||
Interest |
55,211 | 58,476 | 67,849 | 65,531 | 65,572 | |||||||||||||||
Less interest capitalized during
the period |
(1,111 | ) | (4,276 | ) | (9,806 | ) | (11,261 | ) | (522 | ) | ||||||||||
Net amortization of debt discount
and premium and issuance
expense |
3,042 | 3,038 | 5,496 | 3,193 | 3,202 | |||||||||||||||
Interest portion of rental expense |
25,461 | 23,681 | 21,762 | 23,021 | 25,319 | |||||||||||||||
Earnings as adjusted |
$ | 122,762 | $ | 125,149 | $ | 168,201 | $ | 147,583 | $ | 148,670 | ||||||||||
Fixed charges: |
||||||||||||||||||||
Interest |
$ | 55,211 | $ | 58,476 | $ | 67,849 | $ | 65,531 | $ | 65,572 | ||||||||||
Net amortization of debt discount
and premium and issuance
expense |
3,042 | 3,038 | 5,496 | 3,193 | 3,202 | |||||||||||||||
Interest portion of rental expense |
25,461 | 23,681 | 21,762 | 23,021 | 25,319 | |||||||||||||||
Fixed charges |
$ | 83,714 | $ | 85,195 | $ | 95,107 | $ | 91,745 | $ | 94,093 | ||||||||||
Ratio of Earnings
to Fixed Charges |
1.47 | 1.47 | 1.77 | 1.61 | 1.58 | |||||||||||||||
| (1) | Fiscal years 2005, 2006, 2008 and 2009 were 52-week years while fiscal 2007 was a 53-week year. |