Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - ETHAN ALLEN INTERIORS INC | ethanallen_10k-063011.htm |
| EX-21 - EXHIBIT 21 - ETHAN ALLEN INTERIORS INC | ex21.htm |
| EX-23 - EXHIBIT 23 - ETHAN ALLEN INTERIORS INC | ex23.htm |
| EX-31.1 - EXHIBIT 31.1 - ETHAN ALLEN INTERIORS INC | ex31-1.htm |
| EX-32.2 - EXHIBIT 32.2 - ETHAN ALLEN INTERIORS INC | ex32-2.htm |
| EX-31.2 - EXHIBIT 31.2 - ETHAN ALLEN INTERIORS INC | ex31-2.htm |
| EX-32.1 - EXHIBIT 32.1 - ETHAN ALLEN INTERIORS INC | ex32-1.htm |
Exhibit 12(a)
Computation of Ratio Earnings to Fixed Charges
(dollars in thousands)
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Fiscal Year Ended June 30,
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2011
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2010
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2009
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Earnings:
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Income (loss) before income taxes
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$ | 26,371 | $ | (18,787 | ) | $ | (81,180 | ) | ||||
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Unconsolidated affiliates' interests, net
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- | - | - | |||||||||
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Amortization of capitalized interest
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10 | 61 | 46 | |||||||||
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Interest expense and other related financing costs
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11,126 | 11,924 | 11,764 | |||||||||
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Interest portion of rent expense (1)
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10,323 | 11,152 | 12,901 | |||||||||
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Adjusted earnings
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$ | 47,830 | $ | 4,350 | $ | (56,469 | ) | |||||
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Fixed Charges:
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Interest expense and other related financing costs
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$ | 11,126 | $ | 11,924 | $ | 11,764 | ||||||
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Interest portion of rent expense (1)
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10,323 | 11,152 | 12,901 | |||||||||
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Total fixed charges
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$ | 21,449 | $ | 23,076 | $ | 24,665 | ||||||
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Ratio of earnings to fixed charges
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2.23 | 0.19 | (2.29 | ) | ||||||||
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(1) One-third of rent expense is considered representative of the interest factor within rent expense
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