Exhibit 12.1
Statement RE: Ratio of Earnings to Fixed Charges
| Year Ended |
Nine Months Ended | ||||||||||||||||||||
| January 31, 1999 |
January 30, 2000 |
January 28, 2001 |
January 27, 2002 |
January 26, 2003 |
October 27, 2002 |
October 26, 2003 | |||||||||||||||
| (in thousands, except ratio of earnings) | |||||||||||||||||||||
| Fixed Charges: |
|||||||||||||||||||||
| Interest expensed and debt cost amortization |
$ | 291 | $ | 332 | $ | 4,852 | $ | 16,173 | $ | 16,467 | $ | 12,318 | $ | 11,915 | |||||||
| Estimate of interest within rental expense |
513 | 825 | 1,032 | 4,565 | 8,445 | 6,343 | 6,481 | ||||||||||||||
| Total Fixed Charges |
$ | 804 | $ | 1,157 | $ | 5,884 | $ | 20,738 | $ | 24,912 | $ | 18,661 | $ | 18,396 | |||||||
| Earnings: |
|||||||||||||||||||||
| Pre-tax gain (loss) from continuing operations |
$ | 4,487 | $ | 60,371 | $ | 144,808 | $ | 252,749 | $ | 150,557 | $ | 77,791 | $ | 60,424 | |||||||
| Fixed charges |
804 | 1,157 | 5,884 | 20,738 | 24,912 | 18,661 | 18,396 | ||||||||||||||
| Total earnings (loss) for computation of ratio |
$ | 5,291 | $ | 61,528 | $ | 150,692 | $ | 273,487 | $ | 175,469 | $ | 96,452 | $ | 78,820 | |||||||
| Ratio of earnings to fixed charges |
6.58 | 53.16 | 25.61 | 13.19 | 7.04 | 5.17 | 4.28 | ||||||||||||||