EX-12.1 4 g78100a2exv12w1.txt RATIO TO EARNINGS TO FIXED CHARGES EXHIBIT 12.1 RATIO OF EARNINGS TO FIXED CHARGES (DOLLAR AMOUNTS IN THOUSANDS)
FISCAL YEAR 12 WEEKS ----------------------------------------------------------- ENDED 1997 1998 1999 2000 2001 10/06/2002 EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES & MINORITY INTERESTS $ 7,832 $ 14,524 $ 9,894 $ 1,675 $ 1,362 $(1,496) FIXED CHARGES: INTEREST EXPENSE* $ 11,249 $ 10,376 $ 12,109 $10,471 $ 8,452 $ 2,184 CAPITALIZED INTEREST 3,485 3,219 2,004 349 858 -- INTEREST FACTOR OF RENT EXPENSE 697 3,443 4,736 3,617 204 53 ------------------------------------------------------------------------ FIXED CHARGES $ 15,431 $ 17,038 $ 18,849 $14,437 $ 9,514 $ 2,241 ------------------------------------------------------------------------ PRETAX INCOME BEFORE FIXED CHARGES $ 23,263 $ 31,562 $ 28,743 $16,112 $ 10,876 $ 745 LESS CAPITALIZED INTEREST (3,485) (3,219) (2,004) (349) (858) -- PLUS AMORTIZATION OF CAPITALIZED INTEREST 87 80 50 9 21 -- ------------------------------------------------------------------------ NET $ 19,865 $ 28,424 $ 26,789 $15,771 $ 10,039 $ 745 ------------------------------------------------------------------------ RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES (TIMES) 1.29 1.67 1.42 1.09 1.06 0.33 ========================================================================
* INCLUDES AMORTIZATION OF DEFERRED FINANCING COSTS.