Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except for ratio)
Predecessor Company II
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Fiscal Year
Ended Period ended
September 30, September 29, January 13,
2000 2001 2002
Earnings:
Income (loss) before income
taxes $ 23,800 $(116,200) $(1,600)
Preferred stock dividend
requirement - - -
Fixed charges 11,510 11,963 4,359
----------- --------- -------
Total adjusted earnings 35,310 (104,237) 2,759
Fixed charges:
Interest expense 8,100 8,200 2,300
Interest portion of net rental
expense 3,410 3,763 2,059
Preferred stock dividend
requirement - - -
----------- --------- -------
Total fixed charges $ 11,510 $ 11,963 $ 4,359
Ratio of earnings to fixed
charges 3.1 - -
Deficiency of earning
to cover fixed charges $ 116,200 $ 1,600
Predecessor
Predecessor Company I Company I
-------------------------------------------------- ------------
Fiscal Year
Period ended Ended Period Ended Period Ended Period Ended Period Ended
September 28, September 27, June 27, September 25, December 27, December 25,
2002 2003 2004 2004 2003 2004
Earnings:
Income (loss) before income
taxes $ 2,609 $ 28,258 $ 33,309 $(12,858) $ 4,314 $(1,938)
Preferred stock dividend
requirement (6,852) (11,218) (9,229) (2,593) (2,986) (2,798)
Fixed charges 18,111 27,912 21,925 10,089 7,070 10,530
-------- --------- -------- --------- ------- -------
Total adjusted earnings 13,868 44,953 46,005 (5,362) 8,399 5,794
Fixed charges:
Interest expense 7,000 10,377 7,563 5,899 2,493 6,195
Interest portion of net rental
expense 4,259 6,318 5,133 1,597 1,592 1,537
Preferred stock dividend
requirement 6,852 11,218 9,229 2,593 2,986 2,798
-------- --------- -------- --------- ------- -------
Total fixed charges $ 18,111 $ 27,912 $ 21,925 $ 10,089 $ 7,070 $10,530
Ratio of earnings to fixed
charges - 1.6 2.1 - 1.2 -
Deficiency of earning
to cover fixed charges $ 4,243 $ 15,451 $ 4,736
