EXHIBIT 12
Ratio of Earnings to Fixed Charges
The following table sets forth our consolidated ratios of earnings to fixed charges for the periods indicated:
| 09/25/2005 | 09/25/2004 | 09/25/2003 | 09/25/2002 | 09/25/2001 | ||||||||||||
Earnings | ||||||||||||||||
Income (loss) before income taxes | $ | 1,128,170 | $ | 164,200 | $ | 855,927 | $ | 137,716 | $ | (436,540 | ) | |||||
Fixed charges | 7,311,352 | 6,616,945 | 5,529,556 | 4,435,335 | 4,138,894 | |||||||||||
Earnings | $ | 8,439,522 | $ | 6,781,145 | $ | 6,385,483 | $ | 4,573,051 | $ | 3,702,354 | ||||||
Fixed charges | ||||||||||||||||
Interest expense | $ | 6,354,744 | $ | 5,848,428 | $ | 4,919,059 | $ | 3,972,801 | $ | 3,237,241 | ||||||
Estimated interest within rental expense | 956,608 | 768,517 | 610,497 | 462,534 | 901,653 | |||||||||||
Fixed charges | $ | 7,311,352 | $ | 6,616,945 | $ | 5,529,556 | $ | 4,435,335 | $ | 4,138,894 | ||||||
Ratio of earnings to fixed charges | 1.15 | 1.02 | 1.15 | 1.03 | (1) | |||||||||||
| (1) | Calculation results in a deficiency in the ratio (i.e., less than one-to-one coverage). The deficiency in earnings to cover fixed charges was $436,540 for the year ended September 25, 2001. |
