Exhibit 12.1
Ratio of Earnings to Fixed Charges Fiscal Year
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1999 2000 2001 2002 FY03
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Interest expensed and capitalized $ 8,035 $ 7,765 $ 8,241 $ 8,822 $
Amortization of debt issuance costs 291 291 387 620
Estimated interest included in rent expense 3,071 3,075 2,560 2,409
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Fixed charges (a) $11,397 $11,131 $11,188 $11,851 $
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Income (loss) before income taxes and equity in
losses of affiliated companies $55,721 $ 662 $40,721 $30,051 $
Minority interest - - (1,137) (1,863)
Fixed charges (a) 11,397 11,131 11,188 11,851
Less: interest capitalized - - - -
Less: minority interest in subsidiaries not
incurring fixed charges - - 1,137 1,863
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Earnings (b) $67,118 $11,793 $51,909 $41,902 $
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Earnings/Fixed Charges (b/a) 5.89 1.06 4.64 3.54