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136 Eastport Road Inactive

Filed: 19 Apr 12, 8:00pm
 
Exhibit 12.1
 

RATIO OF EARNINGS TO FIXED CHARGES
 
The following table shows the ratio of earnings to fixed charges of the Company for the periods indicated.  For purposes of computing the ratio of earnings to fixed charges, earnings represents income (loss) from continuing operations before income taxes and fixed charges.  Fixed charges represents interest expense, including amortization of debt discount and debt issuance costs and such portion of rental expense that represents an appropriate interest factor.

 
  
Year ended
December 29,
2007
  
Year ended
January 3,
2009
  
Year ended
January 2,
2010
  
Year ended
January 1,
2011
  
Year ended
December 31,
2011
 
Earnings:               
Income (loss) from continuing operations before taxes $ 19,889  $(333,403) $ (70,629) $(250,900) $8,449 
Interest expense, including amortization of debt
    discount and debt issuance costs
   91,467   107,321     106,063   121,037   115,968 
Interest portion of rental expense    13,596     12,632     10,392   8,515   9,013 
Total Earnings:
 $124,952  $(213,450)   45,826  (121,348) 133,430 
                     
Fixed Charges:                    
Interest expense, including amortization of debt
    discount and debt issuance costs
 $91,467    107,321  106,063   121,037  115,968 
Interest portion of rental expense  13,596   12,632     10,392     8,515     9,013 
Total Fixed Charges:
 $105,063  $119,953  $116,455  $129,552  $124,981 
                     
       Ratio of Earnings to Fixed Charges
  1.2x  (1)  (1)  (1)  1.1x
                     
___________________
(1)For the years ended January 3, 2009, January 2, 2010 and January 1, 2011, earnings were inadequate to cover fixed charges by approximately $333.4 million, $70.6 million and $250.9 million, respectively.