RUBY TUESDAY INC - FORM 10-Q - EX-12.1 - COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES - October 7, 2016

Attached files

file filename
EX-10.2 - SECOND AMENDMENT TO THE RESTATED RTI 1996 STOCK INCENTIVE PLAN - RUBY TUESDAY INCex10-2.htm
EX-32.2 - 906 CERTIFICATION FOR CFO - RUBY TUESDAY INCex32-2.htm
EX-32.1 - 906 CERTIFICATION FOR CEO - RUBY TUESDAY INCex32-1.htm
EX-31.2 - 302 CERTIFICATION FOR CFO - RUBY TUESDAY INCex31-2.htm
EX-31.1 - 302 CERTIFICATION FOR CEO - RUBY TUESDAY INCex31-1.htm
EX-10.6 - FORM OF SERVICE-BASED PHANTOM STOCK UNIT AWARD - RUBY TUESDAY INCex10-6.htm
EX-10.5 - FORM OF PERFORMANCE STOCK UNIT AWARD - RUBY TUESDAY INCex10-5.htm
EX-10.4 - FORM OF SERVICE-BASED RESTRICTED STOCK UNIT AWARD - RUBY TUESDAY INCex10-4.htm
EX-10.3 - FORM OF NON-QUALIFIED STOCK OPTION AWARD - RUBY TUESDAY INCex10-3.htm
EX-10.1 - FIRST AMENDMENT TO RTI STOCK INCENTIVE PLAN - RUBY TUESDAY INCex10-1.htm
10-Q - FORM 10-Q - RUBY TUESDAY INCrt20160816_10q.htm

Ruby Tuesday, Inc

                    

Unaudited Computation of Ratio of Consolidated Earnings to Fixed Charges

                    

(Dollar Amounts in Millions)

                    
                     
                     
 

Thirteen Weeks Ended

Fiscal Year Ended

  
 

August 30, 2016

May 1, 2016

June 2, 2015

 

June 3, 2014

 

June 4, 2013

  

Earnings before fixed charges:

                      

Loss from continuing operations before income taxes

$

        (41.4)

$

        (52.9)

$

             (5.1)

$

           (69.6)

$

           (21.9)

  
                       

Less Capitalized interest

 

            0.2 

 

            0.6

 

               0.5

 

               0.5

 

               0.5

  
   

        (41.2)

  

        (52.3)

  

             (4.6)

  

           (69.1)

  

           (21.4)

  
                       

Fixed charges:

                      
                       

Interest expense

  

 4.9 

  

         21.8

  

            22.8

  

            25.0

  

            26.7

  
                       

Interest portion of rent expense

  

 3.2 

  

         13.6

  

            14.9

  

            16.0

  

            16.6

  
 

 

 

 

 

 

 

 

 

 

 

  

Total fixed charges

  

 8.1 

  

         35.4

  

            37.7

  

            41.0

  

            43.3

  
                       

Adjusted earnings from continuing operations before income taxes available to cover fixed charges

$

        (33.1)

$

        (16.9)

$

            33.1

$

           (28.1)

$

            21.9

  
                       

Ratio of earnings to fixed charges

 

        (4.09)

 

        (0.48)

 

            0.88

 

           (0.69)

 

            0.51

  
                       

Amount by which earnings were insufficient to cover fixed charges

$

        (41.2)

$

        (52.3)

$

             (4.6)

$

           (69.1)

$

           (21.4)

  
                       

* 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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