EX-12.1 2 g20478exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
Statement of Computation of Ratio of Earnings to Fixed Charges
                                         
    Fiscal Years Ended
    June 28,   June 29,   June 24,   June 25,   June 26,
    2009   2008   2007   2006   2005
     
    (Amounts in thousands, except ratios)
COMPUTATION OF EARNINGS
                                        
Pre-tax loss from continuing operations
   $ (44,760 )   $ (30,326 )   $ (139,026 )   $ (12,066 )   $ (30,296 )
Minority interest (income) expense
     0       0       0       0       (530 )
(Income) loss in equity investees
     (3,251 )     (1,402 )     4,292       (825 )     (6,938 )
Fixed charges
     23,710       26,621       26,163       19,700       21,014  
Distributed income from equity affiliates
     3,688       4,462       6,367       1,770       6,905  
     
Earnings
   $ (20,613 )   $ (645 )   $ (102,204 )   $ 8,579     $ (9,845 )
     
 
                                        
COMPUTATION OF FIXED CHARGES
                                        
Interest expense
   $ 23,152     $ 26,056     $ 25,518     $ 19,266     $ 20,594  
Interest within rental expense
     558       565       645       434       420  
     
Fixed Charges
   $ 23,710     $ 26,621     $ 26,163     $ 19,700     $ 21,014  
     
 
                                        
Insufficient earnings
   $ 44,323     $ 27,266     $ 128,367     $ 11,121     $ 30,859  
 
                                        
Ratios of Earnings to Fixed Charges (1)
     —       —       —       —       —  
     
 
(1)   Earnings were insufficient to cover fixed charges by $44.3 million, $27.3 million, $128.4 million, $11.1 million, and $30.9 million, respectively in fiscal years 2009, 2008, 2007, 2006, and 2005.