EXHIBIT 12.1 COMPUTATION OF RATIOS The ratio of earnings to fixed charges for the periods indicated below were as follows: FIFTY-TWO FIFTY-TWO FIFTY-TWO FORTY-FOUR FIFTY-TWO WEEKS ENDED WEEKS ENDED WEEKS ENDED WEEKS ENDED WEEKS ENDED ----------- ----------- ----------- ----------- ----------- JUNE 29 JUNE 30 JULY 1 JULY 3 AUGUST 29 2002 2001 2000 1999 1998 ----------- ----------- ----------- ----------- ----------- Ratio of earnings to fixed charges -- -- -- -- -- Deficiency in the coverage of fixed charges by earnings $80,009 $11,985 $16,539 $827 $8,453 For purposes of calculating the above ratios, earnings are defined as income before income taxes and extraordinary items, plus fixed charges. Fixed charges consists of interest expense on all indebtedness, amortization of deferred financing costs , and one-third of rental expense on operating leases representing that portion of rental expense deemed by the Company to be attributable to interest. The ratio of earnings to fixed charges equals earnings divided by fixed charges.