EX-12 3 l96983aexv12.txt EX-12 COMPUT. OF RATIO OF EARNINGS:FIXED CHARGES EXHIBIT 12 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Quarter Ended ------------------- ------------------- September 27, September 28, (In millions, except ratios) 2002 2001 ------------------- ------------------- EARNINGS: Net Income $ 19.9 $ 17.1 Plus: Income taxes 10.3 8.8 Fixed charges 7.5 10.0 Amortization of capitalized interest - - Less: Interest capitalized during the period - - Undistributed earnings in equity investments - - --------- -------- $ 37.7 $ 35.9 ========= ======== FIXED CHARGES: Interest expense $ 5.7 $ 8.2 Plus: Interest capitalized during the period - - Portion of rents deemed representative of the interest factor 1.8 1.8 --------- -------- $ 7.5 $ 10.0 ========= ======== RATIO OF EARNINGS TO FIXED CHARGES 5.03 3.59