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10-Q - 10-Q - ELECTRONICS FOR IMAGING INCd207497d10q.htm
EX-32.1 - EX-32.1 - ELECTRONICS FOR IMAGING INCd207497dex321.htm
EX-31.2 - EX-31.2 - ELECTRONICS FOR IMAGING INCd207497dex312.htm
EX-31.1 - EX-31.1 - ELECTRONICS FOR IMAGING INCd207497dex311.htm

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,     Six Months Ended  
    2011     2012     2013     2014     2015     30-Jun-16  

Income (loss) from continuing operations before income taxes

  $ 30,420      $ 35,023      $ 173,138      $ 42,087      $ 37,522      $ 10,144   

Fixed charges:

           

Interest expense

    62        709        3,406        5,859        17,364        8,733   

Interest relating to rental expense (1)

    2,081        1,912        2,024        2,039        2,530        1,453   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

    2,143        2,621        5,430        7,898        19,894        10,186   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings available for fixed charges

  $ 32,563      $ 37,644      $ 178,568      $ 49,985      $ 57,416      $ 20,330   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

    15.20        14.36        32.89        6.33        2.89        2.00   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(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, which was deemed to be all interest. The off-balance sheet financing leases were terminated effective November 1, 2012.