Dollar General 2014 Annual Report Download - page 102

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10-K
(2) Same-store sales are calculated based upon stores that were open at least 13 full fiscal months and
remain open at the end of the reporting period. We include stores that have been remodeled,
expanded or relocated in our same-store sales calculation. When applicable, we exclude the sales
in the non-comparable week of a 53-week year from the same-store sales calculation.
(3) Net sales per square foot was calculated based on total sales for the preceding 12 months as of the
ending date of the reporting period divided by the average selling square footage during the
period, including the end of the fiscal year, the beginning of the fiscal year, and the end of each of
our three interim fiscal quarters.
Year Ended
January 30, January 31, February 1, February 3, January 28,
2015 2014 2013 2012 2011
Ratio of earnings to fixed charges(1): ..... 4.4x 4.7x 4.7x 3.8x 3.1x
(1) For purposes of computing the ratio of earnings to fixed charges, (a) earnings consist of income
(loss) before income taxes, plus fixed charges less capitalized expenses related to indebtedness
(amortization expense for capitalized interest is not significant) and (b) fixed charges consist of
interest expense (whether expensed or capitalized), the amortization of debt issuance costs and
discounts related to indebtedness, and the interest portion of rent expense.
28