EX-12 4 v035414_ex12.htm
Exhibit 12

THE DRESS BARN, INC.
COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
HISTORICAL
(IN THOUSANDS, EXCEPT RATIOS)

 
The following table shows our historical ratio of earnings to fixed charges for each of the five most recent fiscal years and for the 13 weeks ended October 29, 2005.
 

   
13 Weeks
Ended
  
Fiscal Year Ended
  
   
October 29,
2005
  
July 30,
2005
  
July 31,
2004
  
July 26,
2003
  
July 27,
2002
  
July 28,
2001
  
                           
Fixed Charges:
                          
Interest expense, including amortization of debt issuance costs
  
$
1,708
  
$
10,230
  
$
1,959
  
$
164
  
$
—
  
$
—
  
Portion of rental expense deemed to represent interest
    
10,106
   
36,507
   
30,521
    
29,573
    
28,829
    
26,789
  
Total fixed charges
    
11,814
    
46,737
    
32,480
    
29,737
    
28,829
    
26,789
  
                                       
Earnings:
                                      
Income (loss) from continuing operations before income taxes
  
$
35,893
  
$
85,760
  
$
45,473
  
$
11,222
  
$
57,691
  
$
55,396
  
Fixed charges
    
11,814
   
46,737
    
32,480
    
29,737
    
28,829
    
26,789
 
Total earnings for computation of ratio
    
47,707
    
132,497
    
77,953
    
40,959
    
86,520
    
82,185
  
                                       
Ratio of earnings to fixed chargess
    
4.04x
    
2.83x
    
2.40x
    
1.38x
    
3.00x
    
3.07x
  
 
 
For the purpose of calculating the ratio of earnings to fixed charges, “earnings” represents income from continuing operations before income taxes, plus fixed charges. “Fixed charges” consist of interest expense, including amortization of debt issuance costs and that portion of rental expense considered to be a reasonable approximation of interest.