EX-12.1 5 doc4.txt
EyeCare Centers of America, Inc. Ratio of Earnings to Fixed Charges Exhibit 12.1 1/3/1998 1/2/1999 1/1/2000 12/30/00 12/29/01 -------- --------- --------- --------- --------- Net earnings (loss) 5,215 (26,273) (5,257) (15,534) (9,072) Add: Income tax provision 335 13 384 766 1,239 -------- --------- --------- --------- --------- 5,550 (26,260) (4,873) (14,768) (7,833) Fixed Charges: Interest expense, net 14,380 23,804 25,091 28,964 27,537 Interest factor portion of rent expense 6,254 6,888 8,466 9,923 10,229 -------- --------- --------- --------- --------- Total fixed charges 20,634 30,692 33,557 38,887 37,766 Earnings (loss) before income taxes and fixed charges 26,184 4,432 28,684 24,119 29,933 Ratio of earnings to fixed charges 1.27 0.14 0.85 0.62 0.79