Three Months Ended | |||
July 29, 2012 | |||
(In thousands) | |||
Fixed Charges: | |||
Interest expense* | $ | 74,186 | |
Capitalized interest | 288 | ||
Interest component of rental expense | 10,885 | ||
Total fixed charges | $ | 85,359 | |
Earnings: | |||
Income from continuing operations before income taxes | $ | 347,591 | |
Add: Interest expense* | 74,186 | ||
Add: Interest component of rental expense | 10,885 | ||
Add: Amortization of capitalized interest | 189 | ||
Earnings as adjusted | $ | 432,851 | |
Ratio of earnings to fixed charges | 5.07 | ||
* | Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness. |