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EX-32.2 - 906 CERTIFICATION FOR CFO - RUBY TUESDAY INCex_96470.htm
EX-32.1 - 906 CERTIFICATION FOR CEO - RUBY TUESDAY INCex_96469.htm
EX-31.2 - 302 CERTIFICATION FOR CFO - RUBY TUESDAY INCex_96468.htm
EX-31.1 - 302 CERTIFICATION FOR CEO - RUBY TUESDAY INCex_96467.htm
10-Q - FORM 10-Q - RUBY TUESDAY INCrt20170905b_10q.htm

EXHIBIT 12.1

 

Ruby Tuesday, Inc

                   

Unaudited Computation of Ratio of Consolidated Earnings to Fixed Charges

                   

(Dollar Amounts in Millions)

                   
                     
                     
 

Thirteen

Weeks Ended

Fiscal Year Ended

 
 

September 5, 2017

June 6,

2017

May 31, 2016

 

June 2, 2015

 

June 3, 2014

 

Earnings before fixed charges:

                     

Loss from continuing operations before income taxes

$

        (9.8)

$

        (107.9)

$

        (52.9)

$

             (5.1)

$

           (69.6)

 

Less Capitalized interest

 

 0.1 

 

 0.9 

 

            0.6

 

               0.5

 

               0.5

 
   

        (9.7)

 

        (107.0)

 

        (52.3)

 

             (4.6)

 

           (69.1)

 
                       

Fixed charges:

                     
                       

Interest expense

 

 5.1

 

 20.9

 

         21.8

 

            22.8

 

            25.0

 
                       

Interest portion of rent expense

 

 2.6

 

 10.9

 

         13.6

 

            14.9

 

            16.0

 
 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

 7.7

 

 31.8

 

         35.4

 

            37.7

 

            41.0

 
                       

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

$

        (2.0)

$

        (75.2)

$

        (16.9)

$

            33.1

$

           (28.1)

 
                       

Ratio of earnings to fixed charges

 

        (0.26)

 

        (2.36)

 

        (0.48)

 

            0.88

 

           (0.69)

 
                       

Amount by which earnings were insufficient to cover fixed charges

$

        (9.7)

$

        (107.0)

$

        (52.3)

$

             (4.6)

$

           (69.1)

 
                       

* 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.