EX-12 5 l09822aexv12.htm EX-12 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12
 

EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

                 
    Quarter Ended
    October 1,   September 26,
    2004
  2003
    (In millions, except ratios)
Earnings:
               
Net income
  $ 40.1     $ 26.0  
Plus: Income taxes
    18.8       12.8  
Fixed charges
    7.7       8.0  
Amortization of capitalized interest
           
Less: Interest capitalized during the period
           
Undistributed earnings in equity investments
           
 
   
 
     
 
 
 
  $ 66.6     $ 46.8  
 
   
 
     
 
 
Fixed Charges:
               
Interest expense
  $ 6.0     $ 6.3  
Plus: Interest capitalized during the period
           
Interest portion of rental expense
    1.7       1.7  
 
   
 
     
 
 
 
  $ 7.7     $ 8.0  
 
   
 
     
 
 
Ratio of Earnings to Fixed Charges
    8.65       5.85