Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - AUTOZONE INC | Financial_Report.xls |
| 10-Q - 10-Q - AUTOZONE INC | d303963d10q.htm |
| EX-32.2 - EX-32.2 - AUTOZONE INC | d303963dex322.htm |
| EX-31.2 - EX-31.2 - AUTOZONE INC | d303963dex312.htm |
| EX-31.1 - EX-31.1 - AUTOZONE INC | d303963dex311.htm |
| EX-32.1 - EX-32.1 - AUTOZONE INC | d303963dex321.htm |
| EX-15.1 - EX-15.1 - AUTOZONE INC | d303963dex151.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(in thousands, except ratios)
| Twenty-Four Weeks Ended | ||||||||
| February 11, 2012 |
February 12, 2011 |
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| Earnings: |
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| Income before income taxes |
$ | 563,568 | $ | 501,039 | ||||
| Fixed charges |
111,419 | 108,190 | ||||||
| Less: Capitalized interest |
(409 | ) | (316 | ) | ||||
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| Adjusted earnings |
$ | 674,578 | $ | 608,913 | ||||
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| Fixed charges: |
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| Gross interest expense |
$ | 75,516 | $ | 74,153 | ||||
| Amortization of debt expense |
3,573 | 3,898 | ||||||
| Interest portion of rent expense |
32,330 | 30,139 | ||||||
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| Fixed charges |
$ | 111,419 | $ | 108,190 | ||||
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| Ratio of earnings to fixed charges |
6.1 | 5.6 | ||||||
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| Fiscal Year Ended August | ||||||||||||||||||||
| 2011 (52 weeks) |
2010 (52 weeks) |
2009 (52 weeks) |
2008 (53 weeks) |
2007 (52 weeks) |
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| Earnings: |
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| Income before income taxes |
$ | 1,324,246 | $ | 1,160,505 | $ | 1,033,746 | $ | 1,007,389 | $ | 936,150 | ||||||||||
| Fixed charges |
240,329 | 223,608 | 204,017 | 173,311 | 170,852 | |||||||||||||||
| Less: Capitalized interest |
(1,059 | ) | (1,093 | ) | (1,301 | ) | (1,313 | ) | (1,376 | ) | ||||||||||
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| Adjusted earnings |
$ | 1,563,516 | $ | 1,383,020 | $ | 1,236,462 | $ | 1,179,387 | $ | 1,105,626 | ||||||||||
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| Fixed charges: |
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| Gross interest expense |
$ | 164,712 | $ | 156,135 | $ | 143,860 | $ | 120,006 | $ | 121,592 | ||||||||||
| Amortization of debt expense |
8,962 | 6,495 | 3,644 | 1,837 | 1,719 | |||||||||||||||
| Interest portion of rent expense |
66,655 | 60,978 | 56,513 | 51,468 | 47,541 | |||||||||||||||
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| Fixed charges |
$ | 240,329 | $ | 223,608 | $ | 204,017 | $ | 173,311 | $ | 170,852 | ||||||||||
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| Ratio of earnings to fixed charges |
6.5 | 6.2 | 6.1 | 6.8 | 6.5 | |||||||||||||||
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