Attached files
EXHIBIT 12.1
LANDRYS RESTAURANTS, INC
RATIO OF EARNINGS TO FIXED CHARGES
Three Months Ended March 31, |
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2010 | 2009 | |||||||
Income from continuing operations, before taxes |
$ | 19,252,202 | $ | 9,742,308 | ||||
Fixed charges, as adjusted |
33,972,987 | 29,008,246 | ||||||
$ | 53,225,189 | $ | 38,750,554 | |||||
Fixed charges: |
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Interest expense including amortization of debt costs |
$ | 29,378,888 | $ | 24,708,105 | ||||
Capitalized interest |
81,028 | 1,695,534 | ||||||
Interest factor on rent (1/3 rent expense) |
4,594,099 | 4,300,141 | ||||||
Total fixed charges |
34,054,015 | 30,703,780 | ||||||
Less capitalized interest |
(81,028 | ) | (1,695,534 | ) | ||||
Fixed charges, as adjusted |
$ | 33,972,987 | $ | 29,008,246 | ||||
Ratio of earnings to fixed charges |
1.6 | 1.3 | ||||||