Exhibit 12.1
| Computation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||||
| Six Months Ended | Fiscal Year Ended | |||||||||||||||||||||||
| January 29, 2011 | July 31, 2010 | July 25, 2009 | July 26, 2008 | July 28, 2007 | July 29, 2006 | |||||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||||||
| Earnings, as defined: | ||||||||||||||||||||||||
| Income (loss) from continuing operations before cumulative effect of changes in accounting principles | $ | 1,653 | $ | 5,849 | $ | (53,094 | ) | $ | 24,404 | $ | 42,202 | $ | 18,040 | |||||||||||
| Income tax expense (benefit) | 1,936 | 4,881 | (1,405 | ) | 13,180 | 27,275 | 22,158 | |||||||||||||||||
| Fixed charges included in the determination of net income | 10,390 | 20,292 | 21,921 | 20,520 | 20,653 | 17,930 | ||||||||||||||||||
| Total earnings, as defined | $ | 13,979 | $ | 31,022 | $ | (32,578 | ) | $ | 58,104 | $ | 90,130 | $ | 58,128 | |||||||||||
| Fixed charges, as defined: | ||||||||||||||||||||||||
| Interest charges | $ | 7,481 | $ | 14,272 | $ | 14,743 | $ | 13,096 | $ | 14,809 | $ | 11,991 | ||||||||||||
| Rental interest factor | 2,909 | 6,020 | 7,178 | 7,424 | 5,844 | 5,939 | ||||||||||||||||||
| Total fixed charges, as defined | $ | 10,390 | $ | 20,292 | $ | 21,921 | $ | 20,520 | $ | 20,653 | $ | 17,930 | ||||||||||||
| Ratio of earnings to fixed charges | 1.3 | x | 1.5 | x | (*) | 2.8 | x | 4.4 | x | 3.2 | x | |||||||||||||
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* The ratio of earnings to fixed charges was less than one-to-one for fiscal 2009 and earnings were insufficient to cover fixed charges by $76.4 million.