Attached files

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EX-32.1 - EX-32.1 - ELECTRONICS FOR IMAGING INCd546689dex321.htm
EX-31.2 - EX-31.2 - ELECTRONICS FOR IMAGING INCd546689dex312.htm
EX-31.1 - EX-31.1 - ELECTRONICS FOR IMAGING INCd546689dex311.htm
EX-10.1 - EX-10.1 - ELECTRONICS FOR IMAGING INCd546689dex101.htm
10-Q - FORM 10-Q - ELECTRONICS FOR IMAGING INCd546689d10q.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,     Three Months Ended  
    2013     2014     2015     2016     2017     March 31, 2018  

Income (loss) from continuing operations before income taxes

  $ 173,138     $ 42,087     $ 37,522     $ 39,382     $ 12,130     $ (5,730

Fixed charges:

           

Interest expense

    3,406       5,859       17,364       17,716       19,505       4,954  

Interest relating to rental expense (1)

    2,024       2,039       2,530       2,924       3,602       1,023  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

    5,430       7,898       19,894       20,640       23,107       5,977  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings available for fixed charges

  $ 178,568     $ 49,985     $ 57,416     $ 60,022     $ 35,237     $ 247  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

    32.89       6.33       2.89       2.91       1.52       0.04  

 

(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 off-balance sheet financing leases, which was deemed to be all interest.