Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Fiscal Year | Six Months Ended June 28, 2003 | |||||||||||||||||||||||
| 1998 | 1999 | 2000 | 2001 | 2002 | ||||||||||||||||||||
| (in thousands, except ratios) | ||||||||||||||||||||||||
Pre-tax income (loss) from continuing operations | $ | 28,099 | $ | 22,970 | $ | 19,001 | $ | (38,956 | ) | $ | 17,914 | $ | (16,420 | ) | ||||||||||
Interest | 18,713 | 28,416 | 32,931 | 32,063 | 26,884 | 13,627 | ||||||||||||||||||
Net amortization of debt discount and premium and issuance expense (1) | — | — | — | — | — | — | ||||||||||||||||||
Interest portion of rental expense | 2,794 | 3,278 | 3,079 | 2,891 | 2,686 | 1,378 | ||||||||||||||||||
Earnings (loss) | $ | 49,606 | $ | 54,664 | $ | 55,011 | $ | (4,002 | ) | $ | 47,484 | $ | (1,415 | ) | ||||||||||
Interest | 18,713 | 28,416 | 32,931 | 32,063 | 26,884 | 13,627 | ||||||||||||||||||
Net amortization of debt discount and premium and issuance expense(1) | — | — | — | — | — | — | ||||||||||||||||||
Interest portion of rental expense | 2,794 | 3,278 | 3,079 | 2,891 | 2,686 | 1,378 | ||||||||||||||||||
Fixed charges | $ | 21,507 | $ | 31,694 | $ | 36,010 | $ | 34,954 | $ | 29,570 | $ | 15,005 | ||||||||||||
Ratio of earnings to fixed charges | 2.31 | x | 1.72 | x | 1.53 | x | — | 1.61 | x | — | ||||||||||||||
| (1) | Included in interest. |