Exhibit 12.1
Ratio of Earnings to Fixed Charges
(amounts in thousands)
| Fiscal Year Ended | May 29, 2005 to April 12, | April 13, 2006 to June 3, | |||||||||||||||||
| 2002 | 2003 | 2004 | 2005 | 2006 | 2006 | ||||||||||||||
Earnings: | |||||||||||||||||||
Income (Loss) before Provision for Income Taxes | $ | 114,809 | $ | 113,332 | $ | 114,980 | $ | 172,251 | $ | 150,944 | $ | (36,982 | ) | ||||||
Plus: Fixed Charges | 35,481 | 39,371 | 44,445 | 47,775 | 42,045 | 29,223 | |||||||||||||
| $ | 150,290 | $ | 152,703 | $ | 159,425 | $ | 220,026 | $ | 192,989 | $ | (7,759 | ) | |||||||
Fixed Charges: | |||||||||||||||||||
Gross Interest Expense | $ | 965 | $ | 2,779 | $ | 5,863 | $ | 7,132 | $ | 4,609 | $ | 18,093 | |||||||
Amortization of Deferred Debt Charges | 31 | 31 | 75 | 98 | 495 | 5,283 | |||||||||||||
Estimate of Interest Expense Within Operating Leases | 34,485 | 36,561 | 38,507 | 40,545 | 36,941 | 5,847 | |||||||||||||
| $ | 35,481 | $ | 39,371 | $ | 44,445 | $ | 47,775 | $ | 42,045 | $ | 29,223 | ||||||||
Ratio of Earnings to Fixed Charges | 4.2x | 3.9x | 3.6x | 4.6x | 4.6x | * | |||||||||||||
| * | Due to losses for the period April 13, 2006 to June 3, 2006, the coverage ratio was less than 1:1. BCFWC must generate additional pretax earnings of $37.0 million |