EX-12.1 6 a2078344zex-12_1.htm EX-12.1
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Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

		Year Ended November 30,
		Year Ended November 30,												Three Months Ended February 28, 2002
		1997		1998		1999		2000			2001			Three Months Ended February 28, 2002
Earnings:
	Income from continuing operations before income taxes	$	54	$	60	$	74	$	87		$	187		$	5
	Fixed charges included in income from operations per below		14		8		7		20			36			3
	Minority interest		—		—		—		(3	)		(4	)		—
	Amortization of financing costs		—		—		—		—			3			1

	Total earnings		68		68		81		104			222			9
Fixed Charges:
	Interest expense	$	12	$	6	$	6	$	18		$	33		$	3
	Portion of rent expense representing interest		2		2		1		2			3			—

	Fixed charges included in income from operations		14		8		7		20			36			3
	Capitalized financing costs		—		—		1		—			14			—

	Total fixed charges		14		8		8		20			50			3

Ratio of earnings to fixed charges			4.9		8.5		10.1		5.2			4.4			3.0