EX-12.1 5 dex121.txt STATEMENT REGARDING COMPUTATION OF RATIOS EXHIBIT 12.1 Statement Regarding Computation of Ratios
Nine-Months Ended Fiscal Years Ended ------------------------------------ ------------------------------------------------------- October 31, October 31, 2002 2001 2002 2001 2000 1999 1998 ------------------------------------ ------------------------------------------------------- Income before income taxes 8,709 7,222 10,751 10,116 9,083 7,323 5,719 Capitalized interest (98) (70) (130) (93) (57) (41) (33) Minority interest (129) (104) (183) (129) (170) (153) (78) Adjusted profit before tax 8,482 7,048 10,438 9,894 8,856 * 7,129 5,608 Fixed Charges Debt interest 619 846 1,052 1,095 756 529 555 Capital lease interest 189 201 274 279 266 268 229 Capitalized interest 98 70 130 93 57 41 33 Interest component of rent 709 590 834 714 458 523 477 Total fixed expense 1,615 1,707 2,290 2,181 1,537 1,361 1,294 Profit before taxes and fixed expenses 10,097 8,755 12,728 12,075 10,393 8,490 6,902 Fixed charge coverage 6.25 5.13 5.56 5.54 6.76 6.24 5.33
* Does not include the cumulative effect of accounting change recorded by the Company in Fiscal 2000.