Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - AUTOZONE INC | Financial_Report.xls |
| 10-Q - FORM 10-Q - AUTOZONE INC | d539044d10q.htm |
| EX-10.2 - EX-10.2 - AUTOZONE INC | d539044dex102.htm |
| EX-31.1 - EX-31.1 - AUTOZONE INC | d539044dex311.htm |
| EX-31.2 - EX-31.2 - AUTOZONE INC | d539044dex312.htm |
| EX-15.1 - EX-15.1 - AUTOZONE INC | d539044dex151.htm |
| EX-32.1 - EX-32.1 - AUTOZONE INC | d539044dex321.htm |
| EX-32.2 - EX-32.2 - AUTOZONE INC | d539044dex322.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(in thousands, except ratios)
| Thirty-Six Weeks Ended | ||||||||
| May 4, 2013 | May 5, 2012 | |||||||
| Earnings: |
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| Income before income taxes |
$ | 1,012,359 | $ | 951,075 | ||||
| Fixed charges |
178,281 | 168,716 | ||||||
| Less: Capitalized interest |
(810 | ) | (668 | ) | ||||
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| Adjusted earnings |
$ | 1,189,830 | $ | 1,119,123 | ||||
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| Fixed charges: |
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| Gross interest expense |
$ | 120,573 | $ | 114,008 | ||||
| Amortization of debt expense |
5,857 | 5,426 | ||||||
| Interest portion of rent expense |
51,851 | 49,282 | ||||||
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| Fixed charges |
$ | 178,281 | $ | 168,716 | ||||
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| Ratio of earnings to fixed charges |
6.7 | 6.6 | ||||||
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| Fiscal Year Ended August | ||||||||||||||||||||
| 2012 (52 weeks) |
2011 (52 weeks) |
2010 (52 weeks) |
2009 (52 weeks) |
2008 (53 weeks) |
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| Earnings: |
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| Income before income taxes |
$ | 1,452,986 | $ | 1,324,246 | $ | 1,160,505 | $ | 1,033,746 | $ | 1,007,389 | ||||||||||
| Fixed charges |
250,056 | 240,329 | 223,608 | 204,017 | 173,311 | |||||||||||||||
| Less: Capitalized interest |
(1,245 | ) | (1,059 | ) | (1,093 | ) | (1,301 | ) | (1,313 | ) | ||||||||||
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| Adjusted earnings |
$ | 1,701,797 | $ | 1,563,516 | $ | 1,383,020 | $ | 1,236,462 | $ | 1,179,387 | ||||||||||
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| Fixed charges: |
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| Gross interest expense |
$ | 170,481 | $ | 164,712 | $ | 156,135 | $ | 143,860 | $ | 120,006 | ||||||||||
| Amortization of debt expense |
8,066 | 8,962 | 6,495 | 3,644 | 1,837 | |||||||||||||||
| Interest portion of rent expense |
71,509 | 66,655 | 60,978 | 56,513 | 51,468 | |||||||||||||||
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| Fixed charges |
$ | 250,056 | $ | 240,329 | $ | 223,608 | $ | 204,017 | $ | 173,311 | ||||||||||
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| Ratio of earnings to fixed charges |
6.8 | 6.5 | 6.2 | 6.1 | 6.8 | |||||||||||||||
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