Attached files

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10-Q - FORM 10-Q - ELECTRONICS FOR IMAGING INCd220584d10q.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - ELECTRONICS FOR IMAGING INCd220584dex311.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - ELECTRONICS FOR IMAGING INCd220584dex312.htm
EX-32.1 - CERTIFICATION OF CEO AND CFO PURSUANT TO SECTION 906 - ELECTRONICS FOR IMAGING INCd220584dex321.htm
EXCEL - IDEA: XBRL DOCUMENT - ELECTRONICS FOR IMAGING INCFinancial_Report.xls

Exhibit 12.1

Electronics For Imaging, Inc.

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except for ratio of earnings to fixed charges)

 

     Years Ended December 31,     Nine Months Ended
September 30, 2011
 
     2006      2007      2008     2009      2010     (unaudited)  

Income (loss) from continuing operations before income taxes

   $ 41,531       $ 22,209       $ (133,076   $ 16,035       $ (1,630   $ 19,165   

Fixed charges:

               

Interest expense

     5,028         5,012         1,537        4         43        58   

Interest relating to rental expense (1)

     5,790         6,339         5,314        2,438         2,533        1,579   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

 

Total fixed charges

     10,818         11,351         6,851        2,442         2,576        1,637   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

 

Earnings available for fixed charges

   $ 52,349       $ 33,560       $ (126,225   $ 18,477       $ 946      $ 20,802   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

 

Ratio of earnings to fixed charges

     4.84         2.96         N/A (2)      7.57         0.37        12.71   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

 

 

(1) The representative interest portion of rental expense was deemed to be one- third of all rental expense, except for the rental expense related to the off-balance sheet financing leases, as described in the footnotes to the financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2010 which was deemed to be all interest.
(2) For the year ended December 31, 2008 our earnings were insufficient to cover fixed charges; the amount of additional earnings needed to cover fixed charges for the year was $126.2 million.