Twenty-six weeks ended | Year Ended December | ||||||||||||||||||
July 1, 2018 | December 31, 2017 | January 1, 2017 | December 25, 2015 | December 26, 2014 | December 27, 2013 | ||||||||||||||
Earnings: | |||||||||||||||||||
Income (loss) from continuing operations | $ | 29,877 | $ | 77,550 | $ | (20,340 | ) | $ | 96,447 | $ | 81,844 | $ | 60,937 | ||||||
Fixed charges | 3,415 | 7,825 | 9,551 | 6,239 | 4,191 | 1,923 | |||||||||||||
Earnings for ratio(1) | $ | 33,292 | $ | 85,375 | $ | (10,789 | ) | $ | 102,686 | $ | 86,035 | $ | 62,860 | ||||||
Fixed charges: | |||||||||||||||||||
Interest expense | $ | 2,245 | $ | 5,494 | $ | 7,166 | $ | 4,160 | $ | 3,156 | $ | 1,248 | |||||||
Interest component of rent expense | 1,170 | 2,331 | 2,385 | 2,079 | 1,035 | 675 | |||||||||||||
Total fixed charges | $ | 3,415 | $ | 7,825 | $ | 9,551 | $ | 6,239 | $ | 4,191 | $ | 1,923 | |||||||
Ratio of earnings to fixed charges(2) | 9.7 | 10.9 | N/A | 16.5 | 20.5 | 32.7 | |||||||||||||
Deficit of earnings to fixed charges | N/A | N/A | $ | (10,789 | ) | N/A | N/A | N/A |
(1) | Earnings for ratio consists of income (loss) from continuing operations before income taxes. |
(2) | For purposes of calculating the ratio of earnings to fixed charges, earnings equals (a) earnings from continuing operations before income taxes plus (b) fixed charges. Fixed charges equals (x) interest expense plus (y) the portion of rental expense, which management believes is representative of the interest component of rent expense. |