EX-12.1 5 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

 

 

DEL LABORATORIES, INC.

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

    Predecessor
     Successor
  
    Year Ended December 31,
     Nine Months
Ended
September 30,
     Jan. 1, 2005-
Jan. 31,
     Feb. 1, 2005-
Sept. 30,
  
    2000
     2001
     2002
     2003
     2004
     2004
     2005
     2005
  
    (dollars in thousands)  

Pretax income

   $ 8,275     $ 16,162     $ 30,915     $ 32,898     $ 26,684     $ 18,125     $ (22,457 )   $ (17,599 )

Fixed charges (as calculated below)

     9,267       8,747       6,381       6,025       5,745       4,293       426       20,490  
   
 
 
 
 
 
 
 

Earnings

     17,542       24,909       37,296       38,923       32,429       22,418       (22,031 )     2,891  
   
 
 
 
 
 
 
 

FIXED CHARGES:

                                                                

Interest expense, net

     8,500       7,139       4,663       4,185       3,584       2,708       264       19,029  

Rent expense interest factor

     767       1,608       1,718       1,840       2,161       1,585       162       1,461  
   
 
 
 
 
 
 
 

Total fixed charges

     9,267       8,747       6,381       6,025       5,745       4,293       426       20,490  
   
 
 
 
 
 
 
 

RATIO OF EARNINGS TO FIXED CHARGES

     1.9 x     2.8 x     5.8 x     6.5 x     5.6 x     5.2 x     —       —  
   
 
 
 
 
 
 
 

Deficiency

                                                   $ 22,457     $ 17,599