EX-12.1 8 gb01032014ex121.htm EX-12.1 GB 01.03.2014 EX 12.1


EXHIBIT 12.1
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
 
 
Year Ended
 
Jan. 3,
2014
 
Dec. 28,
2012
 
Dec. 30,
2011
 
Dec. 31,
2010
 
Jan. 1,
2010
Earnings:
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes
$
48,838

 
$
6,730

 
$
48,392

 
$
49,325

 
$
(18,177
)
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expense
4,896

 
5,498

 
5,539

 
7,839

 
9,930

Discounts & deferred financing fees
6,366

 
12,557

 
11,389

 
10,680

 
10,106

Interest portion of rental expense
1,460

 
1,056

 
766

 
848

 
1,053

Total earnings and fixed charges
$
61,560

 
$
25,841


$
66,086


$
68,692


$
2,912

Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
4,896


$
5,498


$
5,539


$
7,839


$
9,930

Discounts & deferred financing fees
6,366


12,557


11,389


10,680


10,106

Interest portion of rental expense
1,460


1,056


766


848


1,053

Total fixed charges
$
12,722

 
$
19,111

 
$
17,694

 
$
19,367

 
$
21,089

Ratio of earnings to fixed charges
4.8

 
1.4

 
3.7

 
3.5

 
0.1