Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - AUTOZONE INC | c09345e10vq.htm |
| EX-10.3 - EXHIBIT 10.3 - AUTOZONE INC | c09345exv10w3.htm |
| EX-10.4 - EXHIBIT 10.4 - AUTOZONE INC | c09345exv10w4.htm |
| EX-15.1 - EXHIBIT 15.1 - AUTOZONE INC | c09345exv15w1.htm |
| EX-10.2 - EXHIBIT 10.2 - AUTOZONE INC | c09345exv10w2.htm |
| EXCEL - IDEA: XBRL DOCUMENT - AUTOZONE INC | Financial_Report.xls |
| EX-32.1 - EXHIBIT 32.1 - AUTOZONE INC | c09345exv32w1.htm |
| EX-31.1 - EXHIBIT 31.1 - AUTOZONE INC | c09345exv31w1.htm |
| EX-31.2 - EXHIBIT 31.2 - AUTOZONE INC | c09345exv31w2.htm |
| EX-32.2 - EXHIBIT 32.2 - AUTOZONE INC | c09345exv32w2.htm |
| EX-10.5 - EXHIBIT 10.5 - AUTOZONE INC | c09345exv10w5.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 20, | November 21, | |||||||
| 2010 | 2009 | |||||||
Earnings: |
||||||||
Income before income taxes |
$ | 268,868 | $ | 224,088 | ||||
Fixed charges |
52,637 | 51,128 | ||||||
Less: Capitalized interest |
(132 | ) | (241 | ) | ||||
Adjusted earnings |
$ | 321,373 | $ | 274,975 | ||||
Fixed charges: |
||||||||
Gross interest expense |
$ | 36,092 | $ | 35,800 | ||||
Amortization of debt expense |
1,725 | 1,489 | ||||||
Interest portion of rent expense |
14,820 | 13,839 | ||||||
Fixed charges |
$ | 52,637 | $ | 51,128 | ||||
Ratio of earnings to fixed charges |
6.1 | 5.4 | ||||||
| Fiscal Year Ended August | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
| (52 weeks) | (52 weeks) | (53 weeks) | (52 weeks) | (52 weeks) | ||||||||||||||||
Earnings: |
||||||||||||||||||||
Income before income taxes |
$ | 1,160,505 | $ | 1,033,746 | $ | 1,007,389 | $ | 936,150 | $ | 902,036 | ||||||||||
Fixed charges |
223,608 | 204,017 | 173,311 | 170,852 | 156,976 | |||||||||||||||
Less: Capitalized interest |
(1,093 | ) | (1,301 | ) | (1,313 | ) | (1,376 | ) | (1,985 | ) | ||||||||||
Adjusted earnings |
$ | 1,383,020 | $ | 1,236,462 | $ | 1,179,387 | $ | 1,105,626 | $ | 1,057,027 | ||||||||||
Fixed charges: |
||||||||||||||||||||
Gross interest expense |
$ | 156,135 | $ | 143,860 | $ | 120,006 | $ | 121,592 | $ | 110,568 | ||||||||||
Amortization of debt expense |
6,495 | 3,644 | 1,837 | 1,719 | 1,559 | |||||||||||||||
Interest portion of rent expense |
60,978 | 56,513 | 51,468 | 47,541 | 44,849 | |||||||||||||||
Fixed charges |
$ | 223,608 | $ | 204,017 | $ | 173,311 | $ | 170,852 | $ | 156,976 | ||||||||||
Ratio of earnings to fixed charges |
6.2 | 6.1 | 6.8 | 6.5 | 6.7 | |||||||||||||||