Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 CEO CERTIFICATION - ADOBE INC. | adbeex311fy15.htm |
| 10-K - 10-K - ADOBE INC. | adbe10kfy15.htm |
| 10-K - FORM 10-K UNOFFICIAL PDF - ADOBE INC. | adbe10kfy15unofficialpdf.pdf |
| EX-10.32 - EXHIBIT 10.32 - ADOBE INC. | adbeex1032fy15.htm |
| EX-21 - EXHIBIT 21 - ADOBE INC. | adbeex21fy15.htm |
| EX-23.1 - EXHIBIT 23.1 - ADOBE INC. | adbeex231fy15.htm |
| EX-31.2 - EXHIBIT 31.2 CFO CERTIFICATION - ADOBE INC. | adbeex312fy15.htm |
| EX-32.1 - EXHIBIT 32.1 CEO CERTIFICATION - ADOBE INC. | adbeex321fy15.htm |
| EX-32.2 - EXHIBIT 32.2 CFO CERTIFICATION - ADOBE INC. | adbeex322fy15.htm |
EXHIBIT 12.1
ADOBE SYSTEMS INCORPORATED
Consolidated Ratio of Earnings to Fixed Charges and
Consolidated Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
(in thousands, except ratios) | Year Ended | ||||||||||||||||||
November 27, 2015 | November 28, 2014 | November 29, 2013 | November 30, 2012 | December 2, 2011 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income before provision for income taxes | $ | 873,781 | $ | 361,376 | $ | 356,141 | $ | 1,118,794 | $ | 1,035,230 | |||||||||
Add: fix charges | 90,387 | 87,720 | 94,794 | 94,721 | 94,511 | ||||||||||||||
Total earnings | $ | 964,168 | $ | 449,096 | $ | 450,935 | $ | 1,213,515 | $ | 1,129,741 | |||||||||
Total fixed charges(*) | 90,387 | 87,720 | 94,794 | 94,721 | 94,511 | ||||||||||||||
Ratio of earnings to fixed charges | 10.7 | 5.1 | 4.8 | 12.8 | 12.0 | ||||||||||||||
_________________________________________
(*) | Fixed charges consist of interest charges, the amortization of debt issuance costs and an estimate of interest as a component of rental expense. |
Currently, we have no shares of preferred stock outstanding and we have not paid any dividends on preferred stock in the periods presented. Therefore, the ratios of earnings to combined fixed charges and preferred stock dividends are not different from the ratios of earnings to fixed charges.