Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
Fiscal Year Ended August 31, | Last Twelve Months Ended 2007 | |||||||||||||||
2004 | 2005 | 2006 | ||||||||||||||
FIXED CHARGES | ||||||||||||||||
Interest expensed and capitalized | $ | 21,445 | $ | 24,661 | $ | 24,645 | $ | 24,990 | ||||||||
Amortized premiums related to indebtedness | 925 | 1,385 | 1,429 | 1,373 | ||||||||||||
Estimate of interest within rental expense | 4,333 | 10,547 | 9,970 | 9,958 | ||||||||||||
Total Fixed Assets | $ | 26,703 | $ | 36,593 | $ | 36,044 | $ | 36,321 | ||||||||
EARNINGS | ||||||||||||||||
ADD | ||||||||||||||||
Pretax income from continuing operations before minority interest in consolidated subsidiaries or income from equity investees | $ | 18,795 | $ | 16,812 | $ | 108,463 | $ | 92,477 | ||||||||
Fixed charges | 26,703 | 36,593 | 36,044 | 36,321 | ||||||||||||
TOTAL ADJUSTMENT EARNINGS | $ | 45,498 | $ | 53,405 | $ | 144,507 | $ | 128,798 | ||||||||
RATIO OF ADJUSTED EARNINGS TO FIXED CHARGES | 1.7 | x | 1.5 | x | 4.0 | x | 3.5 | x |
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