Successor Company | Predecessor Company | ||||||||||||||||||||
Year Ended | Year Ended | Years Ended | |||||||||||||||||||
December 31, | December 31, | December 26, | December 28, | December 29, | |||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||
Pre-tax earnings (loss) (a)
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$ | 2,708 | $ | 6,455 | $ | (45,438 | ) | $ | (13,723 | ) | $ | 9,313 | |||||||||
Add: Fixed charges (excluding |
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capitalized interest and preferred |
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security
dividend requirements of
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subsidiaries)
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9,935 | 12,341 | 29,641 | 51,683 | 35,719 | ||||||||||||||||
Pre-tax earnings before fixed charges
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$ | 12,643 | $ | 18,796 | $ | (15,797 | ) | $ | 37,960 | $ | 45,032 | ||||||||||
Fixed charges: |
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Interest
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$ | 9,621 | $ | 12,041 | $ | 29,349 | $ | 51,425 | $ | 35,499 | |||||||||||
Other (b)
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314 | 300 | 292 | 258 | 220 | ||||||||||||||||
Total fixed charges
|
$ | 9,935 | $ | 12,341 | $ | 29,641 | $ | 51,683 | $ | 35,719 | |||||||||||
Preferred stock dividend requirements
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140 | 141 | 4,356 | 401 | 259 | ||||||||||||||||
Total combined fixed charges
and |
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preferred stock dividends
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$ | 10,075 | $ | 12,482 | $ | 33,997 | $ | 52,084 | $ | 35,978 | |||||||||||
Ratio of earnings to fixed charges
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1.27 | 1.52 | * | * | 1.26 | ||||||||||||||||
Ratio of earnings to combined fixed
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charges
and preferred stock
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dividends
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1.25 | 1.51 | * | * | 1.25 |
(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 the years ended 2008 and 2007 were inadequate to cover total fixed charges and preferred stock dividends. | |
The coverage deficiencies for total fixed charges for the years ended 2008 and 2007 were $45,438 and $13,723, respectively. | ||
The coverage deficiencies for total fixed charges and preferred stock dividends for the years ended 2008 and 2007 were $49,794 and $14,124, respectively. |