EX-12.1 9 dex121.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Prepared by R.R. Donnelley Financial -- Statement of Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

 

Statement RE: Ratio of Earnings to Fixed Charges

 

    Year Ended

  Nine Months Ended

    January 31,
1999


  January 30,
2000


  January 28,
2001


  January 27,
2002


  January 26,
2003


  October 27,
2002


  October 26,
2003


    (in thousands, except ratio of earnings)

Fixed Charges:

                                         

Interest expensed and debt cost amortization

  $ 291   $ 332   $ 4,852   $ 16,173   $ 16,467   $ 12,318   $ 11,915

Estimate of interest within rental expense

    513     825     1,032     4,565     8,445     6,343     6,481
   

 

 

 

 

 

 

Total Fixed Charges

  $ 804   $ 1,157   $ 5,884   $ 20,738   $ 24,912   $ 18,661   $ 18,396
   

 

 

 

 

 

 

Earnings:

                                         

Pre-tax gain (loss) from continuing operations

  $ 4,487   $ 60,371   $ 144,808   $ 252,749   $ 150,557   $ 77,791   $ 60,424

Fixed charges

    804     1,157     5,884     20,738     24,912     18,661     18,396
   

 

 

 

 

 

 

Total earnings (loss) for computation of ratio

  $ 5,291   $ 61,528   $ 150,692   $ 273,487   $ 175,469   $ 96,452   $ 78,820
   

 

 

 

 

 

 

Ratio of earnings to fixed charges

    6.58     53.16     25.61     13.19     7.04     5.17     4.28