For the Three | For the Six | ||||||||||||||||
Months Ended | Months Ended | ||||||||||||||||
June 30, | July 1, | June 30, | July 1, | ||||||||||||||
2006 | 2005(a) | 2006 | 2005(a) | ||||||||||||||
Pre-tax
earnings(b)
|
$ | 2,238 | $ | 1,504 | $ | 2,753 | $ | 3,096 | |||||||||
Add: Fixed charges (excluding capitalized interest and preferred
security dividend requirements of subsidiaries) |
8,572 | 5,053 | 16,218 | 9,432 | |||||||||||||
Pre-tax earnings before fixed charges
|
10,810 | 6,557 | 18,971 | 12,528 | |||||||||||||
Fixed charges:
|
|||||||||||||||||
Interest
|
8,518 | 5,002 | 16,107 | 9,329 | |||||||||||||
Other(c)
|
53 | 51 | 111 | 103 | |||||||||||||
Total fixed charges
|
8,571 | 5,053 | 16,218 | 9,432 | |||||||||||||
Preferred stock dividend requirements
|
66 | 23 | 123 | 33 | |||||||||||||
Total combined fixed charges and preferred stock dividends
|
$ | 8,637 | $ | 5,076 | $ | 16,341 | $ | 9,465 | |||||||||
Ratio of earnings to fixed charges
|
1.26 | 1.30 | 1.17 | 1.33 | |||||||||||||
Ratio of earnings to combined fixed charges and preferred
stock dividends |
1.25 | 1.29 | 1.16 | 1.32 | |||||||||||||
(a) | Certain prior period amounts have been reclassified to conform to the current period presentation. | |
(b) | Excludes undistributed earnings from equity investments. | |
(c) | Other fixed charges consist of the interest factor in rentals, amortization of debt issuance costs and preferred security dividend requirements of subsidiaries. |