EX-12.1 2 bgs-20171230ex1210a9f71.htm EX-12.1 bgs_Ex12_1

Exhibit 12.1

B&G Foods, Inc.

Computation of Ratio of Earnings to Fixed Charges

(In thousands, except ratios)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

Year Ended

 

Year Ended

 

Year Ended

 

Year Ended

 

 

 

Dec. 30, 2017

 

Dec. 31, 2016

 

Jan. 2, 2016

 

Jan. 3, 2015

 

Dec. 28, 2013

 

Income before income tax expense

 

$
148,062

 

$
177,066

 

$
121,239

 

$
63,777

 

$
80,892

 

Add:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

 
95,908

 

 
77,473

 

 
53,811

 

 
49,000

 

 
43,947

 

Income as adjusted

 

$
243,970

 

$
254,539

 

$
175,050

 

$
112,777

 

$
124,839

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (excluding unrealized gain or loss on interest rate swap)

 

$
91,784

 

$
74,456

 

$
51,131

 

$
46,573

 

$
41,813

 

Portion of rents representative of the interest factor

 

 
4,124

 

 
3,017

 

 
2,680

 

 
2,427

 

 
2,134

 

Fixed charges

 

$
95,908

 

$
77,473

 

$
53,811

 

$
49,000

 

$
43,947

 

Ratio of earnings to fixed charges

 

 

2.5x

 

 

3.3x

 

 

3.3x

 

 

2.3x

 

 

2.8x