Attached files
file | filename |
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10-Q - FORM 10-Q - ELECTRONICS FOR IMAGING INC | efii2018q210-q.htm |
EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATION - ELECTRONICS FOR IMAGING INC | efii2018q2exhibit321.htm |
EX-31.2 - EXHIBIT 31.2 CFO CERTIFICATION - ELECTRONICS FOR IMAGING INC | efii2018q2ex312.htm |
EX-31.1 - EXHIBIT 31.1 CEO CERTIFICATION - ELECTRONICS FOR IMAGING INC | efii2018q2ex311.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 | ||||||||||||||||||||||
2013 | 2014 | 2015 | 2016 | 2017 | June 30, 2018 | ||||||||||||||||||
Income from continuing operations before income taxes | $ | 173,138 | $ | 42,087 | $ | 37,522 | $ | 39,382 | $ | 12,130 | $ | 2,570 | |||||||||||
Fixed charges: | |||||||||||||||||||||||
Interest expense | 3,406 | 5,859 | 17,364 | 17,716 | 19,505 | 9,943 | |||||||||||||||||
Interest relating to rental expense* | 2,024 | 2,039 | 2,530 | 2,924 | 3,602 | 2,161 | |||||||||||||||||
Total fixed charges | $ | 5,430 | $ | 7,898 | $ | 19,894 | $ | 20,640 | $ | 23,107 | $ | 12,104 | |||||||||||
Earnings available for fixed charges | $ | 178,568 | $ | 49,985 | $ | 57,416 | $ | 60,022 | $ | 35,237 | $ | 14,674 | |||||||||||
Ratio of earnings to fixed charges | 32.89 | 6.33 | 2.89 | 2.91 | 1.52 | 1.21 |
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* 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.