Ratio of Earnings to Fixed Charges:
Our ratio of earnings to fixed charges for each of the periods indicated (dollars in millions):
| Fiscal Year | | | Supplemental pro forma twelve months ended February 3, 2007 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Three months ended May 5, 2007 | Three months ended April 29, 2006 | |||||||||||||||||||||||
| 2002 | 2003 | 2004 | 2005 | 2006 | ||||||||||||||||||||
Fixed charges | |||||||||||||||||||||||||
Interest expense (total) | $ | 21.1 | $ | 20.3 | $ | 20.4 | $ | 22.4 | $ | 104.5 | $ | 95.4 | $ | 0.2 | $ | 395.5 | |||||||||
Interest factor attributable to rental expense | 72.2 | 78.8 | 85.2 | 92.1 | 98.0 | 24.3 | 25.4 | 98.0 | |||||||||||||||||
Total fixed charges | $ | 93.3 | $ | 99.1 | $ | 105.6 | $ | 114.5 | $ | 202.5 | $ | 119.7 | $ | 25.6 | $ | 493.5 | |||||||||
Earnings | |||||||||||||||||||||||||
Pre-tax income (loss) from continuing operations | $ | 223.4 | $ | 274.7 | $ | 326.9 | $ | 368.6 | $ | 110.0 | $ | (33.5 | ) | $ | 83.1 | $ | (190.7 | ) | |||||||
Plus fixed charges | 93.3 | 99.1 | 105.6 | 114.5 | 202.5 | 119.7 | 25.6 | 493.5 | |||||||||||||||||
Total earnings | $ | 316.7 | $ | 373.8 | $ | 432.5 | $ | 483.1 | $ | 312.5 | $ | 86.2 | $ | 108.6 | 302.8 | ||||||||||
Ratio of earnings to fixed charges(1) | 3.4 | 3.8 | 4.1 | 4.2 | 1.5 | — | 4.2 | — | |||||||||||||||||
Deficiency | — | — | — | — | — | $ | (33.5 | ) | — | $ | (190.7 | ) |
- (1)
- This ratio is computed by dividing the total earnings by the total fixed charges. Earnings are defined as income (loss) before income taxes and cumulative effect of accounting change, plus fixed charges. Fixed charges are defined as total interest expense related and an estimate of the interest component within rent expense.