Attached files
file | filename |
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10-Q - 1ST QTR FY16 - RUBY TUESDAY INC | form10-q_1stqtrfy16.htm |
EX-10.1 - FIRST AMENDMENT TO EXEC COMP PLAN - RUBY TUESDAY INC | ex_10-1.htm |
EX-31.2 - 302 CFO CERTIFICATION - RUBY TUESDAY INC | ex_31-2.htm |
EX-32.2 - 906 CFO CERTIFICATION - RUBY TUESDAY INC | ex_32-2.htm |
EX-18.1 - PREFERABILITY LETTER - RUBY TUESDAY INC | ex_18-1.htm |
EX-32.1 - 906 CEO CERTIFICATION - RUBY TUESDAY INC | ex_32-1.htm |
EX-31.1 - 302 CEO CERTIFICATION - RUBY TUESDAY INC | ex_31-1.htm |
Ruby Tuesday, Inc
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Unaudited Computation of Ratio of Consolidated Earnings to Fixed Charges
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(Dollar Amounts in Millions)
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Thirteen | |||||||||||||||||||
Weeks Ended | Fiscal Year Ended | ||||||||||||||||||
September 1,
2015
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June 2,
2015
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June 3,
2014
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June 4,
2013
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June 5,
2012
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May 31,
2012
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Earnings before fixed charges:
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(Loss)/income from continuing operations before income taxes
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$ | (5.2 | ) | $ | (5.1 | ) | $ | (69.6 | ) | $ | (21.9 | ) | $ | (8.6 | ) | $ | 57.1 | ||
Add equity in losses (deduct equity in earnings) of equity interest
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- | - | - | - | 0.6 | 0.6 | |||||||||||||
Less Capitalized interest
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0.1 | .05 | 0.5 | 0.5 | 0.5 | 0.6 | |||||||||||||
(5.1 | ) | (4.6 | ) | (69.1 | ) | (21.4 | ) | (7.5 | ) | 58.3 | |||||||||
Fixed charges:
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Interest expense
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6.0 | 22.8 | 25.0 | 26.7 | 23.5 | 14.1 | |||||||||||||
Interest portion of rent expense
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3.7 | 14.9 | 16.0 | 16.6 | 15.8 | 14.7 | |||||||||||||
Total fixed charges
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9.7 | 37.7 | 41.0 | 43.3 | 39.3 | 28.8 | |||||||||||||
Adjusted earnings from continuing operations before income taxes available to cover fixed charges
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$ | 4.6 | $ | 33.1 | $ | (28.1 | ) | $ | 21.9 | $ | 31.8 | $ | 87.1 | ||||||
Ratio of earnings to fixed charges
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0.47 | 0.88 | (0.69 | ) | 0.51 | 0.81 | 3.03 | ||||||||||||
Amount by which earnings were insufficient to cover fixed charges
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$ | (5.1 | ) | $ | (4.6 | ) | $ | (69.1 | ) | $ | (21.4 | ) | $ | (7.5 | ) | $ | N/A | ||
* We are presenting the ratio above solely pursuant to the requirement set forth in Item 503 of Regulation S-K. The earnings and fixed charges in the above ratio are calculated using the definitions as set for by Regulation S-K.
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