| Nine Months Ended | Period Ended | |||||||||||
August 30, 2008 | November 24, 2007 | December 31, 2006 | ||||||||||
| (in thousands) | ||||||||||||
| Earnings (1): | ||||||||||||
| Income (loss) before income taxes | $ | (22,458 | ) | $ | (6,072 | ) | $ | (148 | ) | |||
| Fixed charges, exclusive of capitalized interest | 33,484 | 1,364 | 7 | |||||||||
| $ | 11,026 | $ | (4,708 | ) | $ | (141 | ) | |||||
| Fixed charges (1): | ||||||||||||
| Interest charged to expense | $ | 32,398 | $ | 1,290 | $ | 4 | ||||||
| Interest factor on rental expense (2) | 1,086 | 74 | 3 | |||||||||
| 33,484 | 1,364 | 7 | ||||||||||
| Interest capitalized | — | — | — | |||||||||
| $ | 33,484 | $ | 1,364 | $ | 7 | |||||||
| Ratio of earnings to fixed charges | 0.3 | x | (3.5 | )x | (21.1 | )x | ||||||
| Excess of fixed charges over earnings (3) | $ | 22,458 | $ | 6,072 | $ | 148 | ||||||
| _______________________ |
| (1) | For purposes of computing the ratio of earnings to fixed charges, (a) earnings consist of income (loss) before income taxes plus fixed charges and (b) fixed charges consist of interest expense including the amortization of debt issuance costs and the interest portion of rent expense. |
| (2) | The portion of rent expense representative of interest is estimated at 30% of annual rent expense. |
| (3) | For the nine months ended August 30, 2008, fixed charges exceeded earnings by $22.458 million. For the periods ended December 31, 2006 and November 24, 2007, fixed charges exceeded earnings by $0.148 million and $6.072 million, respectively. |
