Attached files

file filename
10-K - FORM 10-K - American Tire Distributors Holdings, Inc.d10k.htm
EX-32.1 - SECTION 906 CEO AND CFO CERTIFICATION - American Tire Distributors Holdings, Inc.dex321.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - American Tire Distributors Holdings, Inc.dex311.htm
EX-21.1 - CHART OF SUBSIDIARIES OF THE COMPANY - American Tire Distributors Holdings, Inc.dex211.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - American Tire Distributors Holdings, Inc.dex312.htm
EX-10.39 - FORM OF FIRST AMENDMENT TO INCENTIVE OPTION AGREEMENT - American Tire Distributors Holdings, Inc.dex1039.htm
EX-10.40 - FORM OF FIRST AMENDMENT TO BASE OPTION AGREEMENT - American Tire Distributors Holdings, Inc.dex1040.htm

Exhibit 12.1

American Tire Distributors Holdings, Inc.

Statement Regarding: Computation of Ratio of Earnings to Fixed Charges

(Amounts in thousands, except ratio amounts)

 

     Predecessor           Successor
     Three
months
Ended
April 2,
2005
(unaudited)
          Nine months
Ended
December 31,
2005
(unaudited)
    Twelve
months
Ended
December 30,
2006
(unaudited)
    Twelve
months
Ended
December 29,
2007
(unaudited)
   Twelve
months
Ended
January 3,
2009
(unaudited)
   Twelve
months
Ended
January 2,
2010
(unaudited)

Consolidated pretax income (loss) from operations

   $ (20,947        $ (2,329   $ (6,089   $ 4,240    $ 21,044    $ 12,258

Interest

     3,682             41,359        60,065        61,633      59,169      54,415

Interest portion of rent expense

     2,214             7,010        9,957        11,169      12,390      15,822
                                                 

Earnings

   $ (15,051        $ 46,040      $ 63,933      $ 77,042    $ 92,603    $ 82,495
                                                 

Interest

   $ 3,682           $ 41,359      $ 60,065      $ 61,633    $ 59,169    $ 54,415

Interest portion of rent expense

     2,214             7,010        9,957        11,169      12,390      15,822
                                                 

Fixed Charges

   $ 5,896           $ 48,369      $ 70,022      $ 72,802    $ 71,559    $ 70,237
                                                 

Ratio of Earnings to Fixed Charges

     —   (a)           —   (b)      —   (c)      1.06      1.29      1.17
                                                 

 

(a) In first quarter fiscal 2005, earnings were insufficient to cover fixed charges by $20.9 million
(b) In the nine months ended December 31, 2005, earnings were insufficient to cover fixed charges by $2.3 million
(c) In the twelve months ended December 30, 2006, earnings were insufficient to cover fixed charges by $6.1 million