Six Months Ended | |||
October 28, 2012 | |||
(In thousands) | |||
Fixed Charges: | |||
Interest expense* | $ | 71,593 | |
Capitalized interest | 406 | ||
Interest component of rental expense | 20,497 | ||
Total fixed charges | $ | 92,496 | |
Earnings: | |||
Income from continuing operations before income taxes | $ | 323,303 | |
Add: Interest expense* | 71,593 | ||
Add: Interest component of rental expense | 20,497 | ||
Add: Amortization of capitalized interest | 203 | ||
Earnings as adjusted | $ | 415,596 | |
Ratio of earnings to fixed charges | 4.49 | ||
* | Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness. |