Attached files

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EXCEL - IDEA: XBRL DOCUMENT - VISANT CORPFinancial_Report.xls
EX-21 - EX-21 - VISANT CORPd858739dex21.htm
EX-31.1 - EX-31.1 - VISANT CORPd858739dex311.htm
EX-32.2 - EX-32.2 - VISANT CORPd858739dex322.htm
EX-32.1 - EX-32.1 - VISANT CORPd858739dex321.htm
EX-31.2 - EX-31.2 - VISANT CORPd858739dex312.htm
EX-10.30 - EX-10.30 - VISANT CORPd858739dex1030.htm
10-K - 10-K - VISANT CORPd858739d10k.htm
EX-10.33 - EX-10.33 - VISANT CORPd858739dex1033.htm
EX-10.28 - EX-10.28 - VISANT CORPd858739dex1028.htm
EX-10.29 - EX-10.29 - VISANT CORPd858739dex1029.htm
EX-10.27 - EX-10.27 - VISANT CORPd858739dex1027.htm

Exhibit 12.1

VISANT CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)

 

In thousands

   2014(1)     2013(2)     2012(3)     2011(4)     2010  

Earnings available to cover fixed charges:

          

Income (loss) from continuing operations before income taxes

   $ (31,065   $ (21,381   $ (60,815   $ (49,798   $ 65,881   

Interest expense

     154,105        155,001        158,669        163,821        90,534   

Portion of rent expense under long-term operating leases representative of an interest factor

     1,365        1,410        1,782        1,837        1,698   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings available to cover fixed charges

$ 124,405    $ 135,030    $ 99,636    $ 115,860    $ 158,113   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed charges

Interest expense

$ 154,105    $ 155,001    $ 158,669    $ 163,821    $ 90,534   

Portion of rent expense under long-term operating leases representative of an interest factor

  1,365      1,410      1,782      1,837      1,698   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

$ 155,470    $ 156,411    $ 160,451    $ 165,658    $ 92,232   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

  0.0x      0.0x      0.0x      0.0x      1.7x   

 

(1) The Company was deficient to cover fixed charges by $31.1 million.
(2) The Company was deficient to cover fixed charges by $21.4 million.
(3) The Company was deficient to cover fixed charges by $60.8 million.
(4) The Company was deficient to cover fixed charges by $49.8 million.