Attached files
file | filename |
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10-K - FORM 10-K - ELECTRONICS FOR IMAGING INC | d457728d10k.htm |
EX-21 - EX-21 - ELECTRONICS FOR IMAGING INC | d457728dex21.htm |
EX-32.1 - EX-32.1 - ELECTRONICS FOR IMAGING INC | d457728dex321.htm |
EX-31.2 - EX-31.2 - ELECTRONICS FOR IMAGING INC | d457728dex312.htm |
EX-23.1 - EX-23.1 - ELECTRONICS FOR IMAGING INC | d457728dex231.htm |
EX-10.16 - EX-10.16 - ELECTRONICS FOR IMAGING INC | d457728dex1016.htm |
EX-31.1 - EX-31.1 - ELECTRONICS FOR IMAGING INC | d457728dex311.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, | ||||||||||||||||||||
2013 | 2014 | 2015 | 2016 | 2017 | ||||||||||||||||
Income from continuing operations before income taxes |
$ | 173,138 | $ | 42,087 | $ | 35,568 | $ | 38,648 | $ | 12,130 | ||||||||||
Fixed charges: |
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Interest expense |
3,406 | 5,859 | 17,364 | 17,716 | 19,505 | |||||||||||||||
Interest relating to rental expense (1) |
2,024 | 2,039 | 2,530 | 2,924 | 3,602 | |||||||||||||||
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Total fixed charges |
5,430 | 7,898 | 19,894 | 20,640 | 23,107 | |||||||||||||||
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Earnings available for fixed charges |
$ | 178,568 | $ | 49,985 | $ | 55,462 | $ | 59,288 | $ | 35,237 | ||||||||||
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Ratio of earnings to fixed charges |
32.89 | 6.33 | 2.79 | 2.87 | 1.52 | |||||||||||||||
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(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. |