Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - AUTOZONE INC | d684964d10q.htm |
| EX-15.1 - EX-15.1 - AUTOZONE INC | d684964dex151.htm |
| EX-31.1 - EX-31.1 - AUTOZONE INC | d684964dex311.htm |
| EX-10.3 - EX-10.3 - AUTOZONE INC | d684964dex103.htm |
| EX-32.2 - EX-32.2 - AUTOZONE INC | d684964dex322.htm |
| EX-31.2 - EX-31.2 - AUTOZONE INC | d684964dex312.htm |
| EX-10.2 - EX-10.2 - AUTOZONE INC | d684964dex102.htm |
| EX-32.1 - EX-32.1 - AUTOZONE INC | d684964dex321.htm |
| EXCEL - IDEA: XBRL DOCUMENT - AUTOZONE INC | Financial_Report.xls |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(in thousands, except ratios)
| Twenty-Four Weeks Ended | ||||||||
| February 15, 2014 |
February 9, 2013 |
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| Earnings: |
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| Income before income taxes |
$ | 639,149 | $ | 598,420 | ||||
| Fixed charges |
119,037 | 117,947 | ||||||
| Less: Capitalized interest |
(440 | ) | (524 | ) | ||||
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| Adjusted earnings |
$ | 757,746 | $ | 715,843 | ||||
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| Fixed charges: |
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| Gross interest expense |
$ | 79,776 | $ | 79,781 | ||||
| Amortization of debt origination fees |
3,258 | 3,905 | ||||||
| Interest portion of rent expense |
36,003 | 34,261 | ||||||
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| Fixed charges |
$ | 119,037 | $ | 117,947 | ||||
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| Ratio of earnings to fixed charges |
6.4 | 6.1 | ||||||
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| Fiscal Year Ended August | ||||||||||||||||||||
| 2013 (53 weeks) |
2012 (52 weeks) |
2011 (52 weeks) |
2010 (52 weeks) |
2009 (52 weeks) |
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| Earnings: |
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| Income before income taxes |
$ | 1,587,683 | $ | 1,452,986 | $ | 1,324,246 | $ | 1,160,505 | $ | 1,033,746 | ||||||||||
| Fixed charges |
265,108 | 250,056 | 240,329 | 223,608 | 204,017 | |||||||||||||||
| Less: Capitalized interest |
(1,303 | ) | (1,245 | ) | (1,059 | ) | (1,093 | ) | (1,301 | ) | ||||||||||
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| Adjusted earnings |
$ | 1,851,488 | $ | 1,701,797 | $ | 1,563,516 | $ | 1,383,020 | $ | 1,236,462 | ||||||||||
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| Fixed charges: |
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| Gross interest expense |
$ | 180,085 | $ | 170,481 | $ | 164,712 | $ | 156,135 | $ | 143,860 | ||||||||||
| Amortization of debt origination fees |
8,239 | 8,066 | 8,962 | 6,495 | 3,644 | |||||||||||||||
| Interest portion of rent expense |
76,784 | 71,509 | 66,655 | 60,978 | 56,513 | |||||||||||||||
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| Fixed charges |
$ | 265,108 | $ | 250,056 | $ | 240,329 | $ | 223,608 | $ | 204,017 | ||||||||||
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| Ratio of earnings to fixed charges |
7.0 | 6.8 | 6.5 | 6.2 | 6.1 | |||||||||||||||
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