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Previous: HEAFNER TIRE GROUP INC, 10-Q, EX-11, 2000-08-15 |
Next: HEAFNER TIRE GROUP INC, 10-Q, EX-27.1, 2000-08-15 |
<PAGE> 1
EXHIBIT 12.1
HEAFNER TIRE GROUP, INC.
STATEMENT REGARDING: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
(UNAUDITED)
(AMOUNTS IN THOUSANDS, EXCEPT RATIO AMOUNTS)
<TABLE>
<CAPTION>
3 MONTHS 3 MONTHS 6 MONTHS 6 MONTHS
ENDED ENDED ENDED ENDED
JULY 01, 2000 JUNE 30, 1999 JULY 01, 2000 JUNE 30, 1999
------------- ------------- ------------- -------------
<S> <C> <C> <C> <C>
Consolidated pretax income (loss) from
continuing operations....................... $(4,001) $2,052 $(8,064) $ (1)
Interest...................................... 6,147 5,575 11,976 10,687
Interest portion of rent expense.............. 2,946 2,201 5,434 4,503
------- ------ ------- -------
EARNINGS...................................... $ 5,092 $9,828 $ 9,346 $15,189
======= ====== ======= =======
Interest...................................... $ 6,147 $5,575 $11,976 $10,687
Interest portion of rent expense.............. 2,946 2,201 5,434 4,503
------- ------ ------- -------
FIXED CHARGES................................. $ 9,093 $7,776 $17,410 $15,190
======= ====== ======= =======
RATIO OF EARNINGS TO FIXED CHARGES............ -- 1.26 -- --
======= ====== ======= =======
</TABLE>
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