Exhibit 12.1
Floor and Decor Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges
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Thirteen Weeks Ended |
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Fiscal Year Ended |
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(in thousands, except ratio data) |
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3/29/2018 |
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12/28/2017 |
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12/29/2016 |
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12/31/2015 |
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12/25/2014 |
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12/26/2013 |
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Earnings before income taxes |
|
$ |
34,722 |
|
$ |
98,552 |
|
$ |
54,513 |
|
$ |
43,006 |
|
$ |
24,732 |
|
$ |
17,940 |
|
Fixed Charges |
|
8,288 |
|
29,758 |
|
22,055 |
|
15,740 |
|
14,758 |
|
9,745 |
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Capitalized Interest |
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Adjusted earnings |
|
$ |
43,010 |
|
$ |
128,310 |
|
$ |
76,568 |
|
$ |
58,746 |
|
$ |
39,490 |
|
$ |
27,685 |
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Fixed Charges: |
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Interest expense |
|
1,784 |
|
13,777 |
|
12,803 |
|
9,386 |
|
8,949 |
|
7,684 |
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Rental expense |
|
6,504 |
|
15,981 |
|
9,252 |
|
6,354 |
|
5,809 |
|
2,061 |
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Fixed Charges |
|
$ |
8,288 |
|
$ |
29,758 |
|
$ |
22,055 |
|
$ |
15,740 |
|
$ |
14,758 |
|
$ |
9,745 |
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Ratio of earnings to fixed charges |
|
5.2 |
|
4.3 |
|
3.5 |
|
3.7 |
|
2.7 |
|
2.8 |
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