Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - AUTOZONE INC | d194643d10q.htm |
| EX-32.2 - EX-32.2 - AUTOZONE INC | d194643dex322.htm |
| EX-32.1 - EX-32.1 - AUTOZONE INC | d194643dex321.htm |
| EX-31.2 - EX-31.2 - AUTOZONE INC | d194643dex312.htm |
| EX-31.1 - EX-31.1 - AUTOZONE INC | d194643dex311.htm |
| EX-15.1 - EX-15.1 - AUTOZONE INC | d194643dex151.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(in thousands, except ratios)
| Thirty-Six Weeks Ended | ||||||||
| May 7, 2016 | May 9, 2015 | |||||||
| Earnings: |
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| Income before income taxes |
$ | 1,255,136 | $ | 1,180,405 | ||||
| Fixed charges |
164,249 | 163,625 | ||||||
| Less: Capitalized interest |
(572 | ) | (580 | ) | ||||
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| Adjusted earnings |
$ | 1,418,813 | $ | 1,343,450 | ||||
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| Fixed charges: |
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| Gross interest expense |
$ | 98,606 | $ | 100,737 | ||||
| Amortization of debt origination fees |
5,407 | 4,274 | ||||||
| Interest portion of rent expense |
60,236 | 58,614 | ||||||
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| Fixed charges |
$ | 164,249 | $ | 163,625 | ||||
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| Ratio of earnings to fixed charges |
8.6 | 8.2 | ||||||
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| Fiscal Year Ended August | ||||||||||||||||||||
| 2015 (52 weeks) |
2014 (52 weeks) |
2013 (53 weeks) |
2012 (52 weeks) |
2011 (52 weeks) |
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| Earnings: |
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| Income before income taxes |
$ | 1,802,612 | $ | 1,662,714 | $ | 1,587,683 | $ | 1,452,986 | $ | 1,324,246 | ||||||||||
| Fixed charges |
236,996 | 249,513 | 265,108 | 250,056 | 240,329 | |||||||||||||||
| Less: Capitalized interest |
(963 | ) | (1,041 | ) | (1,303 | ) | (1,245 | ) | (1,059 | ) | ||||||||||
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| Adjusted earnings |
$ | 2,038,645 | $ | 1,911,186 | $ | 1,851,488 | $ | 1,701,797 | $ | 1,563,516 | ||||||||||
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| Fixed charges: |
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| Gross interest expense |
$ | 146,777 | $ | 163,544 | $ | 180,085 | $ | 170,481 | $ | 164,712 | ||||||||||
| Amortization of debt origination fees |
6,230 | 6,856 | 8,239 | 8,066 | 8,962 | |||||||||||||||
| Interest portion of rent expense |
83,989 | 79,113 | 76,784 | 71,509 | 66,655 | |||||||||||||||
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| Fixed charges |
$ | 236,996 | $ | 249,513 | $ | 265,108 | $ | 250,056 | $ | 240,329 | ||||||||||
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| Ratio of earnings to fixed charges |
8.6 | 7.7 | 7.0 | 6.8 | 6.5 | |||||||||||||||
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