EXHIBIT 12.1
STATEMENT REGARDING COMPUTATIONS OF RATIO OF EARNINGS TO FIXED CHARGES
Fiscal Year Ended March 31, | Three Months Ended | ||||||||||||||||||||||
1999 | 2000 | 2001 | 2002 | 2003 | June 30, 2002 | June 29, 2003 | |||||||||||||||||
(In thousands) | |||||||||||||||||||||||
Earnings: | |||||||||||||||||||||||
Income before income taxes | $ | 41,576 | $ | 39,682 | $ | 31,721 | $ | (3,717 | ) | $ | (4,479 | ) | $ | 5,690 | $ | 688 | |||||||
Fixed charges: | |||||||||||||||||||||||
Interest expense | 34,095 | 32,691 | 35,243 | 27,869 | 28,442 | 6,703 | 9,197 | ||||||||||||||||
Deferred financing fees amortization | 558 | 760 | 1,086 | 1,512 | 3,566 | 574 | 475 | ||||||||||||||||
Interest portion of rental expense | 395 | 376 | 510 | 323 | 311 | 88 | 93 | ||||||||||||||||
$ | 76,624 | $ | 73,509 | $ | 68,560 | $ | 25,987 | $ | 27,840 | $ | 13,055 | $ | 10,453 | ||||||||||
Fixed charges: | |||||||||||||||||||||||
Interest expense | $ | 34,095 | $ | 32,691 | $ | 35,243 | $ | 27,869 | $ | 28,442 | $ | 6,703 | $ | 9,197 | |||||||||
Deferred financing fees amortization | 558 | 760 | 1,086 | 1,512 | 3,566 | 574 | 475 | ||||||||||||||||
Interest portion of rental expense | 395 | 376 | 510 | 323 | 311 | 88 | 93 | ||||||||||||||||
$ | 35,048 | $ | 33,827 | $ | 36,839 | $ | 29,704 | $ | 32,319 | $ | 7,365 | $ | 9,765 | ||||||||||
Ratio of earnings to fixed charges | 2.2 | 2.2 | 1.9 | 0.9 | 0.9 | 1.8 | 1.1 | ||||||||||||||||