Exhibit 12.1

CLARCOR Inc.

Statement Regarding Computation of Certain Ratios

(Dollars in Thousands except Per Share Data)

	Fiscal Years Ended (A)
	2010			2009			2008			2007			2006			2005			2004			2003			2002			2001			2000
Return on Beginning Assets
Net Earnings	$	96,351		$	71,830		$	96,061		$	90,834		$	83,146		$	76,954		$	64,343		$	54,688		$	46,677		$	41,930		$	40,286
Divided by Beginning Assets		973,890			957,882			739,135			727,516			675,272			627,797			538,237			546,119			530,617			501,930			472,991
Equals Return on Beginning Assets		9.9	%		7.5	%		13.0	%		12.5	%		12.3	%		12.3	%		12.0	%		10.0	%		8.8	%		8.4	%		8.5	%
Return on Beginning Shareholders' Equity
Net Earnings	$	96,351		$	71,830		$	96,061		$	90,834		$	83,146		$	76,954		$	64,343		$	54,688		$	46,677		$	41,930		$	40,286
Divided by Beginning Shareholders' Equity		688,475			654,752			557,921			539,212			484,214			429,594			371,539			315,615			274,387			242,221			210,811
Equals Return on Beginning Shareholders' Equity		14.0	%		11.0	%		17.2	%		16.8	%		17.2	%		17.9	%		17.3	%		17.3	%		17.0	%		17.3	%		19.1	%
Dividend Payout to Net Earnings
Dividends Paid	$	20,143		$	18,682		$	16,845		$	15,024		$	14,203		$	13,385		$	12,834		$	12,406		$	11,975		$	11,575		$	11,207
Divided by Net Earnings		96,351			71,830			96,061			90,834			83,146			76,954			64,343			54,688			46,601			41,893			40,237
Equals Dividend Payout to Net Earnings		20.9	%		26.0	%		17.5	%		16.5	%		17.1	%		17.4	%		19.9	%		22.7	%		25.7	%		27.6	%		27.9	%
Debt to Capitalization
Current Debt	$	146		$	99		$	128		$	94		$	58		$	233		$	420		$	674		$	68,456		$	5,579		$	5,482
Long Term Debt		17,331			52,096			83,822			17,329			15,946			16,009			24,130			16,913			22,648			135,203			141,486
Total Debt		17,477			52,195			83,950			17,423			16,004			16,242			24,550			17,587			91,104			140,782			146,968
Ending Shareholders' Equity		757,527			688,475			654,752			557,921			539,212			484,214			429,594			371,539			315,615			274,387			242,221
Equals Capitalization	$	775,004		$	740,670		$	738,702		$	575,344		$	555,216		$	500,456		$	454,144		$	389,126		$	406,719		$	415,169		$	389,189
Debt	$	17,477		$	52,195		$	83,950		$	17,423		$	16,004		$	16,242		$	24,550		$	17,587		$	91,104		$	140,782		$	146,968
Divided by Capitalization		775,004			740,670			738,702			575,344			555,216			500,456			454,144			389,126			406,719			415,169			389,189
Equals Debt to Capitalization		2.3	%		7.0	%		11.4	%		3.0	%		2.9	%		3.2	%		5.4	%		4.5	%		22.4	%		33.9	%		37.8	%
Working Capital
Current Assets	$	526,273		$	448,528		$	432,571		$	371,920		$	380,340		$	324,933		$	303,990		$	257,402		$	259,746		$	244,350		$	230,479
Less Current Liabilities		163,457			131,942			143,503			114,171			118,428			121,470			126,272			111,373			174,255			94,931			97,826
Equals Working Capital	$	362,816		$	316,586		$	289,068		$	257,749		$	261,912		$	203,463		$	177,718		$	146,029		$	85,491		$	149,419		$	132,653
Current Ratio
Current Assets	$	526,273		$	448,528		$	432,571		$	371,920		$	380,340		$	324,933		$	303,990		$	257,402		$	259,746		$	244,350		$	230,479
Divided by Current Liabilities		163,457			131,942			143,503			114,171			118,428			121,470			126,272			111,373			174,255			94,931			97,826
Equals Current Ratio		3.2			3.4			3.0			3.3			3.2			2.7			2.4			2.3			1.5			2.6			2.4

(A) Calculation of Certain Items Presented in the "11-Year Financial Review" Filed with Form 10-K for Fiscal Year Ended 11/27/10