EX-12 6 ex12-01for10k.txt 12.01 Exhibit 12.01 SBARRO, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLARS IN THOUSANDS)
FISCAL YEAR ----------- 2004 2003 2002 2001 2000 ---- ---- ---- ---- ---- Fixed charges: Interest expense $30,694 $31,039 $30,959 $30,950 $30,243 Rental expense 23,486 23,068 23,424 24,154 22,412 ------ ------ ------ ------ ------ Total fixed charges (1) $54,180 $54,107 $54,383 $55,104 $52,655 ======= ======= ======= ======= ======= Earnings available for fixed charges: Earnings (2) $(4,644) $(16,811) $4,447 $(14,574) $20,067 Add fixed charges 54,180 54,107 54,383 55,104 52,655 ------ ------ ------ ------ ------ Total earnings available for fixed charges $49,536 $37,296 $58,830 $40,530 $72,722 ======= ======= ======= ======= ======= Ratio of earnings to fixed charges (3) 0.9 0.7 1.1 0.7 1.4 === === === === ===
(1) Total fixed charges consist of interest and one-third of rent expense (deemed to be a reasonable approximation of the interest factor for rent). (2) Earnings represents income before income taxes, and equity in net income (loss) of unconsolidated affiliates. (3) The ratio of earnings to fixed charges has been computed based on dividing total earnings available for fixed charges by total fixed charges.