1 Exhibit 12 Three months ended Year Ended March 31, June 30, 2000 2000 1999 1998 1997 1996 --------------------------------------------------------------------- Pretax earnings from operations 58.4 102.7 97.6 76.3 83.5 96.2 Plus: Interest expense 22.8 81.5 73.7 79.4 76.0 67.6 Amortization of debt expense and discounts - 0.5 0.3 0.3 0.1 - A portion of rental expense(1/3) 13.5 45.2 39.6 30.0 28.7 23.0 --------------------------------------------------------------------- Subtotal(A) 94.7 229.9 211.2 186.0 188.3 186.8 --------------------------------------------------------------------- Divided by: Fixed charges Interest expense 22.8 81.5 73.7 79.4 76.0 67.6 A portion of rental expense(1/3) 13.5 45.2 39.6 30.0 28.7 23.0 Interest capitalized during the period 0.1 1.4 0.9 2.2 3.4 1.8 Amortization of debt expense and discounts - 0.5 0.3 0.3 0.1 - --------------------------------------------------------------------- Subtotal(B) 36.4 128.6 114.5 111.9 108.2 92.4 --------------------------------------------------------------------- Ratio of earnings to fixed charges(A)/(B) 2.60 1.79 1.84 1.66 1.74 2.02 =====================================================================