|
|
|
|
|
|
|
|
|
|
Previous: SHOPKO STORES INC, 10-Q, EX-10, 2000-12-12 |
Next: SHOPKO STORES INC, 10-Q, EX-27.1, 2000-12-12 |
<PAGE> 1
SHOPKO STORES, INC. AND SUBSIDIARIES
EXHIBIT 12 - STATEMENTS RE COMPUTATION OF RATIOS
(IN THOUSANDS)
<TABLE>
<CAPTION>
Year to Date as of
-------------------------------
October 28, October 30,
2000 1999
(39 Weeks) (39 Weeks)
-------------------------------
<S> <C> <C> <C>
Ratio of Earnings to Fixed Charges
------------------------------------------
COMPUTATION OF EARNINGS
1 (Loss) earnings from continuing operations
before income taxes $ (1,918) $ 24,800
2 Add previously capitalized interest
amortized during the period 430 422
3 Less interest capitalized during
the period 1,010 233
------------ --------------
4 Total (loss) earnings (sum of lines 1 to 3) (2,498) 24,989
COMPUTATION OF FIXED CHARGES
5 Interest (1) 48,646 35,108
6 Interest factor in rental expense 5,311 1,626
------------ --------------
7 Total fixed charges (sum of lines
5 and 6) 53,957 36,734
8 TOTAL (LOSS) EARNINGS AND
FIXED CHARGES (LINE 4
------------ --------------
PLUS LINE 7) $ 51,459 $ 61,723
============ ==============
9 Ratio (line 8 divided by line 7) 1.0 1.7
(1) Includes capitalized interest
</TABLE>
|
|