EX-12.1 2 d608899dex121.htm EX-12.1 EX-12.1

EXHIBIT 12.1

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

The following table sets forth our consolidated ratio of earnings to fixed charges for the periods indicated.

 

     Sept. 27,
2013		     Sept. 28,
2012		     Sept. 30,
2011		     Oct. 1,
2010		      Oct. 2,
2009		  
     (in thousands, except ratio amounts)  

Earnings:

            

(Loss)/income before income taxes

    $ (88,761 )    $ (32,392 )    $ (514 )    $ 21,476       $ (24,632 ) 

Add: Fixed charges

      6,741        4,517        2,692        3,198         5,189   
  

 

 

    

 

 

    

 

 

    

 

 

     

 

 

  
   $ (82,020 )    $ (27,875 )    $ 2,178      $ 24,674       $ (19,433 ) 
  

 

 

    

 

 

    

 

 

    

 

 

     

 

 

  

Fixed Charges:

            

Interest expense

    $ 5,134      $ 3,148      $ 1,595      $ 1,817       $ 3,127   

Interest portion of rental expense

      1,607        1,369        1,097        1,381         2,062   
  

 

 

    

 

 

    

 

 

    

 

 

     

 

 

  
   $ 6,741      $ 4,517      $ 2,692      $ 3,198       $ 5,189   
  

 

 

    

 

 

    

 

 

    

 

 

     

 

 

  

Ratio of earnings to fixed charges (1)

      —          —          0.8        7.7         —     
  

 

 

    

 

 

    

 

 

    

 

 

     

 

 

  

 

(1) Our earnings were insufficient to cover our fixed charges by $88.8 million (fiscal 2013), $32.4 million (fiscal 2012), $514,000 (fiscal 2011) and $24.6 million (fiscal 2009).