Exhibit 12.1
Bed Bath & Beyond Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)
(in thousands, except ratios)
| | | | Three Months Ended May 31, 2014 | | | Fiscal Year Ended | | ||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | | March 1, 2014 | | | March 2, 2013 | | | February 25, 2012 | | | February 26, 2011 | | | February 27, 2010 | | |||||||||||||||||||||||||||
| Earnings: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
| Earnings Before Provision for Income Taxes | | | | $ | 298,607 | | | | | $ | 1,613,447 | | | | | $ | 1,634,059 | | | | | $ | 1,569,488 | | | | | $ | 1,292,978 | | | | | $ | 985,255 | | | ||||||
| Fixed Charges | | | | | 48,707 | | | | | | 193,949 | | | | | | 182,890 | | | | | | 151,108 | | | | | | 145,926 | | | | | | 139,689 | | | ||||||
| Adjusted Earnings | | | | $ | 347,314 | | | | | | 1,807,396 | | | | | | 1,816,949 | | | | | | 1,720,596 | | | | | | 1,438,904 | | | | | | 1,124,944 | | | ||||||
| Fixed Charges: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
| Interest Expense | | | | $ | 2,289 | | | | | | 9,215 | | | | | | 5,977 | | | | | | 562 | | | | | | — | | | | | | — | | | ||||||
| Portion of Rent Expense Representative of Interest | | | | | 46,418 | | | | | | 184,734 | | | | | | 176,913 | | | | | | 150,546 | | | | | | 145,926 | | | | | | 139,689 | | | ||||||
| Total Fixed Charges | | | | $ | 48,707 | | | | | $ | 193,949 | | | | | $ | 182,890 | | | | | $ | 151,108 | | | | | $ | 145,926 | | | | | $ | 139,689 | | | ||||||
| Ratio of Earnings to Fixed Charges | | | | | 7.13x | | | | | | 9.32x | | | | | | 9.93x | | | | | | 11.39x | | | | | | 9.86x | | | | | | 8.05x | | | ||||||
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