Exhibit 12
RATIO OF EARNINGS TO FIXED CHARGES
FISCAL YEAR ENDED NINE MONTHS ENDED
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AUGUST 1, JULY 31, JULY 30, JULY 28, AUGUST 3, APRIL 27, MAY 3,
1997 1998 1999 2000 2001 2001 2002
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Earnings as defined
Income before income taxes 137,457 164,730 112,838 94,705 84,464 74,302 95,243
Fixed charges, excluding capitalized interest 7,072 8,719 18,347 33,490 27,456 21,043 16,529
Total Earnings as Defined 144,529 173,449 131,185 128,195 111,920 95,345 111,772
Interest expense (including capitalized interest) 4,182 4,981 13,151 26,127 13,167 10,521 4,892
1/3 of rental expense 4,983 5,693 7,023 8,874 15,140 11,253 11,913
Total Fixed Charges as Defined 9,165 10,674 20,174 35,001 28,307 21,774 16,805
Ratio of Earnings to Fixed Charges 15.77 16.25 6.50 3.66 3.95 4.38 6.65
Note: Earnings used to compute this ratio are before income taxes
and before fixed charges (excluding interest capitalized
during the period). Fixed charges consist of interest,
whether or not capitalized, amortization of debt discount and
expense, and one-third of all rent expense for operating
leases (considered representative of the interest factor).