HILLMAN COMPANIES INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES - March 31, 2011

Attached files

file filename
10-K - FORM 10-K - HILLMAN COMPANIES INCd10k.htm
EX-32.1 - CERTIFICATION PURSUANT TO SECTION 906 - HILLMAN COMPANIES INCdex321.htm
EX-21.1 - SUBSIDIARIES - HILLMAN COMPANIES INCdex211.htm
EX-4.13 - REGISTRATION RIGHTS AGREEMENT - HILLMAN COMPANIES INCdex413.htm
EX-31.1 - CERTIFICATION OF C.E.O. PURSUANT TO RULE 13A-14(A) OR 15D-14(A) - HILLMAN COMPANIES INCdex311.htm
EX-32.2 - CERTIFICATION PURSUANT TO SECTION 906 - HILLMAN COMPANIES INCdex322.htm
EX-31.2 - CERTIFICATION OF C.F.O. PURSUANT TO RULE 13A-14(A) OR 15D-14(A) - HILLMAN COMPANIES INCdex312.htm
EX-10.42 - PURCHASE AGREEMENT - HILLMAN COMPANIES INCdex1042.htm
EX-4.12 - FIRST SUPPLEMENTAL INDENTURE - HILLMAN COMPANIES INCdex412.htm

Exhibit 12.1

THE HILLMAN COMPANIES, INC.

Computation of Ratio of Income to Fixed Charges

Year Ended December 31, 2010

(Dollars in thousands)

 

Income before Income Taxes

    $ (38,836 ) 

Add fixed charges:

   

Interest expense

      47,137   

Amortization of debt expense

      1,450   

Interest portion of rent expense

      2,868   
        

Adjusted income

    $ 12,619   
        

Fixed charges:

   

Interest expense

      47,137   

Amortization of debt expense

      1,450   

Interest portion of rent expense

      2,868   
        

Fixed Charges

    $ 51,455   
        

Ratio of earnings to Fixed Charges (1)

      0.25   
        

 

(1) The ratio of earnings to fixed charges has been computed by adding income before income taxes and fixed charges to derive adjusted income, and dividing adjusted income by fixed charges. Fixed charges consist of interest expense on debt (including the amortization of debt expense) and one-third (the proportion deemed representative of the interest portion) of rent expense.

HILLMAN COMPANIES INC Reports