| Fiscal Year Ended | Six Months | |||||||||||||||||||||||
| December | December | January 2, | January 1, | December 31, | Ended July | |||||||||||||||||||
| 29, 2002 | 28, 2003 | 2005 | 2006 | 2006 | 1, 2007(1) | |||||||||||||||||||
| (in thousands) | ||||||||||||||||||||||||
| Income (loss) before income taxes | $ | (40,331 | ) | $ | (27,063 | ) | $ | (6,225 | ) | $ | (20,874 | ) | $ | 42,620 | $ | (279,085 | ) | |||||||
| Plus: Fixed charges | 2,323 | 2,333 | 1,906 | 1,428 | 1,428 | 2,660 | ||||||||||||||||||
| Earnings available for fixed charges | (38,008 | ) | (24,730 | ) | (4,319 | ) | (19,446 | ) | 44,048 | (276,425 | ) | |||||||||||||
| Fixed charges: | ||||||||||||||||||||||||
| Interest expense | 2,281 | 2,262 | 1,368 | 7 | 11 | 1,546 | ||||||||||||||||||
Interest portion of operating lease expense(2) | 42 | 71 | 538 | 1,421 | 1,417 | 1,114 | ||||||||||||||||||
| Total fixed charges | 2,323 | 2,333 | 1,906 | 1,428 | 1,428 | 2,660 | ||||||||||||||||||
| Excess (deficiency) of earnings to fixed charges | $ | (40,331 | ) | $ | (27,063 | ) | $ | (6,225 | ) | $ | (20,874 | ) | $ | 42,620 | $ | (279,085 | ) | |||||||
| Ratio of earnings to fixed charges | N/A | N/A | N/A | N/A | 31:1 | N/A | ||||||||||||||||||
| (1) | Includes a non-cash charge of $303.4 million for acquired in-process research and development in connection with the acquisition of Solexa, Inc. in January 2007. | |
| (2) | Thirty percent of rental expense is deemed to represent an approximation of the interest portion of such rental expense. |
