EXHIBIT 12 CENTRAL GARDEN & PET COMPANY COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (Dollars in thousands)
September 28, September 27, September 26, September 25, September 30, 1996 1997 1998 1999 2000 ------------- ------------- ------------- ------------- ------------- Income (loss) before income taxes............. $14,465 $30,368 $58,095 $43,733 $(6,598) Fixed charges (1)............................. 4,826 7,609 8,807 13,755 24,841 --------- --------- --------- --------- --------- Total earnings and fixed charges........... 19,291 37,977 66,902 57,488 18,243 Fixed charges (1)............................. $ 4,826 $ 7,609 $ 8,807 $13,755 $24,841 Ratio of earnings to fixed charges............ 4.00 4.99 7.60 4.18 0.73 ========= ========= ========= ========= =========
(1) Fixed charges consist of interest expense incurred and the portion of rental expense under operating leases deemed by the Company to be representative of the interest factor.