EX-12.1 3 exhibit12-1.htm RATIO OF EARNINGS TO FIXED CHARGES

EX-12.1 STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12.1

Ratio Of Earnings to Fixed Charges

  Year Ended
  March 29,       March 31,       April 1,       April 2,       April 3,
(In Thousands)  2008 2007 2,006 2,005 2,004
Fixed Charges                   
   Interest Expensed $ 31,301 $ 2,173 $ 0 $ 96 $ 104
   Interest Capitalized 0 0 0 0 0
   Amortized Premiums 0 0 0 0 0
   Amortized Discounts 0 0 0 0 0
   Amortization of Fair Value of Derivative at Inception 84 7 0 0 0
   Capitalized Expenses Related to Indebtedness 667 56 0 0 0
   Estimate of Interest within Rental Expense 902 1,441 1,183 1,194 912
   Preference Security Dividend   0     0     0     0     0
      Total Fixed Charges $ 32,954   $ 3,677   $ 1,183   $ 1,290   $ 1,016
 
Earnings          
   + Pretax Income from Continuing Operations $ 474,094 $ 431,146 $ 456,602 $ 400,544 $ 350,544
   + Fixed Charges 32,954 3,677 1,183 1,290 1,016
   + Amortization of Capitalized Interest 0 0 0 0 0
   + Distributed Income of Equity Investee 0 0 0 0 0
   + Pretax Losses of Equity Investee 0 0 0 0 0
   - Interest Capitalized 0 0 0 0 0
   - Preference Securities Dividend of Consolidated Subsidiaries 0 0 0 0 0
   - Minority Interest in Pretax Income of Subsidiaries   0     0     0     0     0
        Total Earnings $ 507,048   $ 434,823   $ 457,785   $ 401,834    $ 351,560
 
Earnings to Fixed Charges Ratio   15.4     118.3     387.0     311.5     346.0