Exhibit 12.1
Ratio Of Earnings To Fixed Charges
Year ended | |||||||||||||||
March 31, | April 1, | April 2, | April 3, | March 29, | |||||||||||
(In Thousands) | 2007 | 2006 | 2005 | 2004 | 2003 | ||||||||||
Fixed Charges | |||||||||||||||
Interest Expensed | $ | 2,173 | $ | 0 | $ | 96 | $ | 104 | $ | 3 | |||||
Interest Capitalized | 0 | 0 | 0 | 0 | 0 | ||||||||||
Amortized Premiums | 0 | 0 | 0 | 0 | 0 | ||||||||||
Amortized Discounts | 0 | 0 | 0 | 0 | 0 | ||||||||||
Amortized of Fair Value of Derivative at Inception | 7 | 0 | 0 | 0 | 0 | ||||||||||
Capitalized Expenses related to Indebtedness | 56 | 0 | 0 | 0 | 0 | ||||||||||
Estimate of Interest within Rental Expense | 1,441 | 1,183 | 1,194 | 912 | 789 | ||||||||||
Preference security dividend | 0 | 0 | 0 | 0 | 0 | ||||||||||
Total Fixed Charges | $ | 3,677 | $ | 1,183 | $ | 1,290 | $ | 1,016 | $ | 792 | |||||
Earnings | |||||||||||||||
+ Pretax Income from Continuing Operations | $ | 431,146 | $ | 456,602 | $ | 400,544 | $ | 350,544 | $ | 169,872 | |||||
+ Fixed Charges | 3,677 | 1,183 | 1,290 | 1,016 | 792 | ||||||||||
+ Amortization of Capitalized Interest | 0 | 0 | 0 | 0 | 0 | ||||||||||
+ Distributed Income of Equity Investee | 0 | 0 | 0 | 0 | 0 | ||||||||||
+ Pretax losses of Equity Investee | 0 | 0 | 0 | 0 | 0 | ||||||||||
- Interest Capitalized | 0 | 0 | 0 | 0 | 0 | ||||||||||
- Preference Securities Dividend of Consolidated Subsidiaries | 0 | 0 | 0 | 0 | 0 | ||||||||||
- Minority Interest in Pretax income of Subsidiaries | 0 | 0 | 0 | 0 | 0 | ||||||||||
Total Earnings | $ | 434,823 | $ | 457,785 | $ | 401,834 | $ | 351,560 | $ | 170,664 | |||||
Earnings to Fixed Charges Ratio | 118.3 | 387.0 | 311.5 | 346.0 | 215.5 | ||||||||||