EX-12 2 0002.txt COMP. OF FATIO OF EARNINGS OF FIXED CHARGES Exhibit 12
COMPUTATION OF RATIO OF EARNINGS OF FIXED CHARGES (In thousands, except ratios) Fiscal Year Ended Quarter ----------------------------------------------------------------------------- Ended (53 weeks) April 2, 2000 1999 1998 1997 1996 1995 ----------------- -------------- ------------- -------------- -------------- -------------- Earnings: Pre-tax income (loss) $ (3,266) $(21,207) $(148,535) $ 42,981 $ 3,211 $ 72,094 Fixed charges 7,210 17,311 17,534 17,661 16,687 16,740 Capitalized interest (2,564) -- -- -- -- -- ----------------- -------------- ------------- -------------- -------------- -------------- Total earnings $ 1,380 $(3,896) $(131,001) $ 60,642 $ 19,898 $ 88,834 (losses) ================= ============== ============= ============== ============== ============== Fixed Charges: Interest expense on intercompany debt $ 3,037 $ 13,000 $ 13,000 $ 13,000 $ 12,000 $ 12,000 Interest expense-other 1,609 4,311 4,534 4,661 4,687 4,740 Capitalized interest 2,564 -- -- -- -- -- ----------------- -------------- ------------- -------------- -------------- -------------- Total fixed charges $ 7,210 $ 17,311 $ 17,534 $ 17,661 $ 16,687 $ 16,740 ================= ============== ============= ============== ============== ============== Ratio of Earnings to Fixed Charges 0.2x (0.2x) (7.5x) 3.4x 1.2x 5.3x ================= ============== ============= ============== ============== ==============
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