EX-12.1 3 a2206373zex-12_1.htm EX-12.1

Exhibit 12.1

 

Computation of Ratio of Earnings to Fixed Charges

(In millions, except ratio of earnings to fixed charges)

 

 

 

Nine Months Ended

 

Year Ended

 

 

 

September
30, 2011

 

October 1,
2010

 

December 31,
2010

 

December 25,
2009

 

December 26,
2008

 

December 28,
2007

 

December 29,
2006

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations before income taxes

 

$

(37,502

)

$

(26,849

)

$

(52,849

)

$

(85,595

)

$

(539,272

)

$

(45,766

)

$

(7,217

)

Fixed charges

 

43,655

 

55,519

 

70,492

 

86,697

 

112,987

 

87,290

 

76,589

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total earnings

 

$

6,153

 

$

28,670

 

$

17,643

 

$

1,102

 

$

(426,285

)

$

41,524

 

$

69,372

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

42,122

 

$

53,896

 

$

68,333

 

$

84,204

 

$

109,527

 

$

84,923

 

$

74,675

 

Implicit interest in rent expense

 

1,533

 

1,623

 

2,159

 

2,493

 

3,460

 

2,367

 

1,914

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

43,655

 

$

55,519

 

$

70,492

 

$

86,697

 

$

112,987

 

$

87,290

 

$

76,589

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

0.14x

 

0.52x

 

0.25x

 

0.01x

 

(3.77)x

 

0.48x

 

0.91x