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10-Q - FORM 10-Q - ELECTRONICS FOR IMAGING INCefii2018q210-q.htm
EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATION - ELECTRONICS FOR IMAGING INCefii2018q2exhibit321.htm
EX-31.2 - EXHIBIT 31.2 CFO CERTIFICATION - ELECTRONICS FOR IMAGING INCefii2018q2ex312.htm
EX-31.1 - EXHIBIT 31.1 CEO CERTIFICATION - ELECTRONICS FOR IMAGING INCefii2018q2ex311.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
_____________
* 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.