EX-12 4 g26569exv12.htm EX-12 exv12
         
Exhibit 12
INTERFACE, INC.
COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
                                         
    For the Year Ended
    December   December   December        
    31,   30,   28,   January 3,   January 2,
    2006   2007   2008   2010   2011
    (in thousands except for the ratio amounts)
EARNINGS:
                                        
Income (loss) from continuing operations before taxes
   $ 56,847     $ 94,554     $ 8,527     $ 22,025     $ 14,564  
Fixed charges
     54,475       44,915       43,436       46,242       43,901  
Amortization of capitalized interest
     319       453       618       640       573  
Capitalized interest
     (1,127 )     (896 )     (960 )     (270 )     (562 )
     
 
   $ 110,514     $ 139,026     $ 51,621     $ 68,637     $ 58,476  
     
 
                                        
FIXED CHARGES:
                                        
Amortization of deferred debt costs
   $ 1,857     $ 1,201     $ 1,404     $ 1,926     $ 2,248  
Interest expense
     42,204       34,110       31,480       34,297       33,129  
Capitalized interest
     1,127       896       960       270       562  
Interest element of rent expense
     9,287       8,708       9,592       9,749       7,962  
     
 
   $ 54,475     $ 44,915     $ 43,436     $ 46,242     $ 43,901  
     
Ratio of earnings to fixed charges
     2.0x       3.1x       1.2x       1.5x       1.3x