Attached files
file | filename |
---|---|
10-K - FORM 10-K - Hanesbrands Inc. | g21766e10vk.htm |
EX-10.7 - EX-10.7 - Hanesbrands Inc. | g21766exv10w7.htm |
EX-32.1 - EX-32.1 - Hanesbrands Inc. | g21766exv32w1.htm |
EX-10.4 - EX-10.4 - Hanesbrands Inc. | g21766exv10w4.htm |
EX-23.1 - EX-23.1 - Hanesbrands Inc. | g21766exv23w1.htm |
EX-31.2 - EX-31.2 - Hanesbrands Inc. | g21766exv31w2.htm |
EX-31.1 - EX-31.1 - Hanesbrands Inc. | g21766exv31w1.htm |
EX-32.2 - EX-32.2 - Hanesbrands Inc. | g21766exv32w2.htm |
EX-10.8 - EX-10.8 - Hanesbrands Inc. | g21766exv10w8.htm |
EX-21.1 - EX-21.1 - Hanesbrands Inc. | g21766exv21w1.htm |
EX-10.39 - EX-10.39 - Hanesbrands Inc. | g21766exv10w39.htm |
EX-10.40 - EX-10.40 - Hanesbrands Inc. | g21766exv10w40.htm |
EX-10.32 - EX-10.32 - Hanesbrands Inc. | g21766exv10w32.htm |
Exhibit 12.1
Hanesbrands Inc.
Ratio of Earnings to Fixed Charges
(Dollars in thousands)
(Unaudited)
Ratio of Earnings to Fixed Charges
(Dollars in thousands)
(Unaudited)
Six Months | ||||||||||||||||||||||||
Years Ended | Ended | Years Ended | ||||||||||||||||||||||
January 2, | January 3, | December 29, | December 30, | July 1, | July 2, | |||||||||||||||||||
2010 | 2009 | 2007 | 2006 | 2006 | 2005 | |||||||||||||||||||
Earnings, as defined: |
||||||||||||||||||||||||
Income from continuing operations before income
tax expense, noncontrolling interest and income/loss
from equity investees |
$ | 52,456 | $ | 163,195 | $ | 185,321 | $ | 112,830 | $ | 417,543 | $ | 343,099 | ||||||||||||
Fixed charges |
191,442 | 179,003 | 223,395 | 90,168 | 44,366 | 52,596 | ||||||||||||||||||
Amortization of capitalized interest |
3,722 | 3,632 | 3,676 | 2,024 | 4,227 | 5,000 | ||||||||||||||||||
Distributed income of equity investees |
| | | | | 3,030 | ||||||||||||||||||
Interest capitalized |
(6,559 | ) | (4,047 | ) | (2,184 | ) | (1,904 | ) | (4,656 | ) | (1,694 | ) | ||||||||||||
Noncontrolling interest in pre-tax income |
(1,173 | ) | (158 | ) | (1,195 | ) | (910 | ) | (1,224 | ) | (55 | ) | ||||||||||||
Total earnings, as defined |
$ | 239,888 | $ | 341,625 | $ | 409,013 | $ | 202,208 | $ | 460,256 | $ | 401,976 | ||||||||||||
Fixed charges, as defined: |
||||||||||||||||||||||||
Interest expense |
$ | 159,222 | $ | 155,280 | $ | 201,131 | $ | 78,692 | $ | 26,075 | $ | 35,244 | ||||||||||||
Amortized premiums, discounts and capitalized
expenses related to indebtedness |
10,967 | 6,032 | 6,475 | 2,279 | | | ||||||||||||||||||
Interest factor in rental expenses |
21,253 | 17,691 | 15,789 | 9,197 | 18,291 | 17,352 | ||||||||||||||||||
Total fixed charges, as defined |
$ | 191,442 | $ | 179,003 | $ | 223,395 | $ | 90,168 | $ | 44,366 | $ | 52,596 | ||||||||||||
Ratio of earnings to fixed charges |
1.25 | 1.91 | 1.83 | 2.24 | 10.37 | 7.64 |
Note: | The Ratio of Earnings to Fixed Charges should be read in conjunction with the Consolidated Financial Statements and Managements Discussion and Analysis of Financial Condition and Results of Operations in this Form 10-K. The interest expense included in the fixed charges calculation above excludes interest expense relating to the Companys uncertain tax positions. The percentage of rent included in the calculation is a reasonable approximation of the interest factor. |