EX-12 2 ex12s3a22505.txt Exhibit 12 Statement Regarding Computations of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends (In thousands)
Nine Months Ended Fiscal Year Ended March 31, ---------------------------- -------------------------------------------------------------- 12/25/2004 12/27/2003 2004 2003 2002 2001 2000 ---------- ---------- ---- ---- ---- ---- ---- Earnings: Earnings before income taxes $ 8,908 $ 15,523 $ 20,548 $14,559 $ 1,954 $ 1,162 $ 6,888 Fixed Charges: Interest expense 12,390 12,152 16,530 14,591 17,742 19,291 17,819 Amortization of debt issuance costs 94 6 7 7 7 7 7 Interest portion of rental expense 5,182 4,770 5,997 3,818 3,663 3,435 3,099 --------------------------------------------------------------------------------------------------- $ 26,574 $ 32,451 $ 43,082 $32,975 $ 23,366 $ 23,895 $ 27,813 ==================================================================================================== Fixed Charges: Interest expense $ 12,390 $ 12,152 $ 16,530 $14,591 $ 17,742 $ 19,291 $ 17,819 Amortization of debt issuance costs 94 6 7 7 7 7 7 Interest portion of rental expense 5,182 4,770 5,997 3,818 3,663 3,435 3,099 Preferred stock dividends 20 20 38 38 38 38 38 --------------------------------------------------------------------------------------------------- $ 17,686 $ 16,948 $ 22,572 $18,454 $ 21,450 $ 22,771 $ 20,963 ==================================================================================================== Ratio of earnings to combined fixed charges and preferred stock dividends 1.50 1.91 1.91 1.79 1.09 1.05 1.33 =================================================================================================== Notes: Interest expense includes amortization of deferred financing fees. The interest portion of rental expense is estimated based on 29.2% of rental expense for each period.