Exhibit 12.3 Ratio of EBITDA (as defined) less Capital Expenditures to Interest Expense: - -------------------------------------------------------------------------- Thirteen Weeks Ended Unaudited Unaudited ------------------------ Pro Forma Pro Forma December 26, January 1, January 1, 1994 1995 1996 1997 1998 1998 1997 1999 1999 ------- ------- ------- ------- ------- ------- ------------ ---------- ---------- EBITDA (As Defined) $9,875 $13,168 $17,213 $24,522 $43,547 $49,014 9,651 11,078 12,824 Less - capital expenditures 1,941 1,702 2,494 2,285 5,061 8,888 628 712 1,402 ------- ------- ------- ------- ------- ------- ------ ------ ------ 7,934 11,466 14,719 22,237 38,486 40,126 9,023 10,366 11,422 Interest expense 4,823 5,193 4,510 3,463 3,175 28,952 1,046 2,276 6,884 ------- ------- ------- ------- ------- ------- ------ ------ ------ Ratio 1.6 2.2 3.3 6.4 12.1 1.4 8.6 4.6 1.7