Successor Company | Predecessor Company | ||||||||||||||||||||
Year Ended |
Years Ended | ||||||||||||||||||||
December 31, |
December 26, |
December 28, |
December 29, |
December 30, |
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2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||
Pre-tax earnings (loss)(a)
|
$ | 2,218 | $ | (45,438 | ) | $ | (13,723 | ) | $ | 9,313 | $ | 6,335 | |||||||||
Add: Fixed charges (excluding capitalized interest and preferred
security
|
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dividend requirements of subsidiaries)
|
11,063 | 29,641 | 51,683 | 35,719 | 21,764 | ||||||||||||||||
Pre-tax earnings before fixed charges
|
$ | 13,281 | $ | (15,797 | ) | $ | 37,960 | $ | 45,032 | $ | 28,099 | ||||||||||
Fixed charges:
|
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Interest
|
$ | 10,773 | $ | 29,349 | $ | 51,425 | $ | 35,499 | $ | 21,549 | |||||||||||
Other(b)
|
290 | 292 | 258 | 220 | 215 | ||||||||||||||||
Total fixed charges
|
$ | 11,063 | $ | 29,641 | $ | 51,683 | $ | 35,719 | $ | 21,764 | |||||||||||
Preferred stock dividend requirements
|
126 | 4,356 | 401 | 259 | 99 | ||||||||||||||||
Total combined fixed charges
|
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and preferred stock dividends
|
$ | 11,189 | $ | 33,997 | $ | 52,084 | $ | 35,978 | $ | 21,863 | |||||||||||
Ratio of earnings to fixed charges
|
1.20 | * | * | 1.26 | 1.29 | ||||||||||||||||
Ratio of earnings to combined fixed
|
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charges and preferred stock dividends
|
1.19 | * | * | 1.25 | 1.29 | ||||||||||||||||
(a) | Excludes undistributed earnings (loss) from equity investments and earnings from discontinued operations. | |
(b) | Other fixed charges consist of the interest factor in rentals, amortization of debt issuance costs and preferred security dividend requirements of subsidiaries. | |
* | The earnings for year-end 2008 and 2007 were inadequate to cover total fixed charges and total fixed charges and preferred stock dividends. The coverage deficiencies for total fixed charges were $45,438 and $13,723, respectively. The coverage deficiencies for total fixed charges and preferred stock dividends were $49,794 and $14,124, respectively. |