EX-12.1 6 dex121.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.1 Computation of Ratio of Earnings to Fixed Charges
-------------------------- Thirty-nine weeks Ended ----------------------------------------------------------------------- -------------------------- Feb. 1, 1997 Jan. 31, 1998 Jan. 30, 1999 Jan. 29, 2000 Feb. 3, 2001 Oct. 28, 2000 Nov. 3, 2001 ----------------------------------------------------------------------- -------------------------- Earnings Before Income Taxes 748,527 854,242 1,319,262 1,784,949 1,381,885 953,928 308,616 Add: Interest Expense 5,529 17,779 46,145 44,968 74,891 47,736 76,649 Interest on rental expense 218,403 250,025 288,143 337,471 387,627 280,007 318,597 ----------------------------------------------------------------------- ------------------------- Earnings 972,459 1,122,046 1,653,550 2,167,388 1,844,403 1,281,671 703,862 ======================================================================= ========================= Interest Expense 5,529 17,779 46,145 44,968 74,891 47,736 76,649 Capitalized Interest 8,564 12,186 10,982 24,900 40,574 31,461 20,093 Interest on rental expense 218,403 250,025 288,143 337,471 387,627 280,007 318,597 ----------------------------------------------------------------------- ------------------------- Fixed Charges 232,496 279,990 345,270 407,339 503,092 359,204 415,339 ======================================================================= ========================= Ratio of Earnings to Fixed Charges 4.18 4.01 4.79 5.32 3.67 3.57 1.69