EX-12 3 g16758s3exv12.htm STATEMENT RE: COMPUTATION OF EARNINGS TO FIXED CHARGES STATEMENT RE: COMPUTATION OF EARNINGS TO FIXED CHA
Exhibit 12
Ratio of Earnings to Fixed Charges
(In Thousands, Except Ratios)
                                                 
            Fiscal Year Ended December (1)  
    Nine Months Ended                                
    9/28/2008     2007     2006     2005     2004     2003  
Computation of Earnings:
                                               
Income before income taxes:
  $ 14,810     $ 32,239     $ 31,160     $ 38,752     $ 36,550     $ 38,060  
Add:
                                               
Minority interest
    1,726       2,003       3,218       4,097       3,816       3,297  
Interest expense
    27,976       47,670       47,648       47,312       42,882       40,832  
Amortization of debt premium/discount and expenses
    1,834       2,678       2,638       1,967       1,101       1,082  
Interest portion of rent expense
    992       1,299       1,199       1,056       1,160       2,220  
         
Earnings as adjusted
  $ 47,338     $ 85,889     $ 85,863     $ 93,184     $ 85,509     $ 85,491  
         
 
                                               
Computation of Fixed Charges:
                                               
Interest expense
  $ 27,976     $ 47,670     $ 47,648     $ 47,312     $ 42,882     $ 40,832  
Capitalized interest
    324       405       531       218       302       434  
Amortization of debt premium/discount and expenses
    1,834       2,678       2,638       1,967       1,101       1,082  
Interest portion of rent expense
    992       1,299       1,199       1,056       1,160       2,220  
         
Fixed charges
  $ 31,126     $ 52,052     $ 52,016     $ 50,553     $ 45,445     $ 44,568  
         
 
                                               
Ratio of Earnings to Fixed Charges
    1.52       1.65       1.65       1.84       1.88       1.92  
         
 
(1)   The Company’s fiscal year ends on the Sunday nearest December 31st. All years presented are 52-week years, except 2004, which was a 53-week year.