Attached files
| file | filename |
|---|---|
| EX-32.3 - EX-32.3 - HD Supply Holdings, Inc. | a2234805zex-32_3.htm |
| 10-K - 10-K - HD Supply Holdings, Inc. | a2234805z10-k.htm |
| EX-32.4 - EX-32.4 - HD Supply Holdings, Inc. | a2234805zex-32_4.htm |
| EX-32.2 - EX-32.2 - HD Supply Holdings, Inc. | a2234805zex-32_2.htm |
| EX-32.1 - EX-32.1 - HD Supply Holdings, Inc. | a2234805zex-32_1.htm |
| EX-31.4 - EX-31.4 - HD Supply Holdings, Inc. | a2234805zex-31_4.htm |
| EX-31.3 - EX-31.3 - HD Supply Holdings, Inc. | a2234805zex-31_3.htm |
| EX-31.2 - EX-31.2 - HD Supply Holdings, Inc. | a2234805zex-31_2.htm |
| EX-31.1 - EX-31.1 - HD Supply Holdings, Inc. | a2234805zex-31_1.htm |
| EX-23.1 - EX-23.1 - HD Supply Holdings, Inc. | a2234805zex-23_1.htm |
| EX-21.1 - EX-21.1 - HD Supply Holdings, Inc. | a2234805zex-21_1.htm |
| EX-10.58 - EX-10.58 - HD Supply Holdings, Inc. | a2234805zex-10_58.htm |
| EX-10.42 - EX-10.42 - HD Supply Holdings, Inc. | a2234805zex-10_42.htm |
| EX-10.41 - EX-10.41 - HD Supply Holdings, Inc. | a2234805zex-10_41.htm |
| EX-10.39 - EX-10.39 - HD Supply Holdings, Inc. | a2234805zex-10_39.htm |
HD SUPPLY, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratio data)
|
|
|
Fiscal Year Ended |
| |||||||||||||
|
|
|
January |
|
January |
|
January |
|
February |
|
February |
| |||||
|
Income (loss) from continuing operations before provision (benefit) for income taxes |
|
$ |
360 |
|
$ |
117 |
|
$ |
30 |
|
$ |
(188 |
) |
$ |
(366 |
) |
|
Add: |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Interest expense |
|
166 |
|
269 |
|
394 |
|
462 |
|
528 |
| |||||
|
Portion of rental expense under operating leases deemed to be the equivalent of interest |
|
42 |
|
39 |
|
36 |
|
32 |
|
29 |
| |||||
|
Adjusted earnings |
|
$ |
568 |
|
$ |
425 |
|
$ |
460 |
|
$ |
306 |
|
$ |
191 |
|
|
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Interest expense |
|
$ |
166 |
|
$ |
269 |
|
$ |
394 |
|
$ |
462 |
|
$ |
528 |
|
|
Portion of rental expense under operating leases deemed to be the equivalent of interest |
|
42 |
|
39 |
|
36 |
|
32 |
|
29 |
| |||||
|
Total fixed charges |
|
$ |
208 |
|
$ |
308 |
|
$ |
430 |
|
$ |
494 |
|
$ |
557 |
|
|
Ratio of earnings to fixed charges(1) (2) |
|
2.7 |
x |
1.4 |
x |
1.1 |
x |
|
|
|
| |||||
(1) For the purposes of calculating the ratio of earnings to fixed charges, earnings consist of income from continuing operations before provision for income taxes plus fixed charges. Fixed charges include cash and non-cash interest expense, whether expensed or capitalized, amortization of deferred financing costs and the portion of rental expense representative of the interest factor.
(2) For fiscal years ended February 1, 2015 and February 2, 2014, our earnings were insufficient to cover fixed charges by $188 million and $366 million, respectively.