Attached files

file filename
10-Q - 1ST QTR FY16 - RUBY TUESDAY INCform10-q_1stqtrfy16.htm
EX-10.1 - FIRST AMENDMENT TO EXEC COMP PLAN - RUBY TUESDAY INCex_10-1.htm
EX-31.2 - 302 CFO CERTIFICATION - RUBY TUESDAY INCex_31-2.htm
EX-32.2 - 906 CFO CERTIFICATION - RUBY TUESDAY INCex_32-2.htm
EX-18.1 - PREFERABILITY LETTER - RUBY TUESDAY INCex_18-1.htm
EX-32.1 - 906 CEO CERTIFICATION - RUBY TUESDAY INCex_32-1.htm
EX-31.1 - 302 CEO CERTIFICATION - RUBY TUESDAY INCex_31-1.htm
Ruby Tuesday, Inc
                           
Unaudited Computation of Ratio of Consolidated Earnings to Fixed Charges
                           
(Dollar Amounts in Millions)
                           
                             
     Thirteen                        
    Weeks Ended            Fiscal Year Ended    
   
September 1, 
2015
     June 2, 
2015
 
June 3,
 2014
 
June 4,
 2013
 
June 5,
 2012
 
May 31,
 2012
 
Earnings before fixed charges:
                           
(Loss)/income from continuing operations before income taxes
  $ (5.2 )  $  (5.1 ) $ (69.6 ) $ (21.9 ) $ (8.6 ) $ 57.1  
                                       
Add equity in losses (deduct equity in earnings) of equity interest
    -      -     -     -     0.6     0.6  
                                       
Less Capitalized interest
    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:
                                     
                                       
Interest expense
    6.0      22.8     25.0     26.7     23.5     14.1  
                                       
Interest portion of rent expense
    3.7      14.9     16.0     16.6     15.8     14.7  
                                       
Total fixed charges
    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
  $ 4.6    $  33.1   $ (28.1 ) $ 21.9   $ 31.8   $ 87.1  
                                       
Ratio of earnings to fixed charges
    0.47      0.88     (0.69 )   0.51     0.81     3.03  
                                       
Amount by which earnings were insufficient to cover fixed charges
  $ (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.