Nine Months Ended | |||
January 27, 2013 | |||
(In thousands) | |||
Fixed Charges: | |||
Interest expense* | $ | 73,414 | |
Capitalized interest | 204 | ||
Interest component of rental expense | 32,069 | ||
Total fixed charges | $ | 105,687 | |
Earnings: | |||
Income from continuing operations before income taxes | $ | 388,815 | |
Add: Interest expense* | 73,414 | ||
Add: Interest component of rental expense | 32,069 | ||
Add: Amortization of capitalized interest | 219 | ||
Earnings as adjusted | $ | 494,517 | |
Ratio of earnings to fixed charges | 4.68 | ||
* | Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness. |