EX-12.1 4 d492244dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

GUIDEWIRE SOFTWARE, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands, except ratios)

 

    

 

Year Ended July 31,

      Six Months
Ended
January 31,
2018		  
     2013      2014      2015      2016      2017     

EARNINGS:

                  

Income/(loss) before provision for income taxes

      30,122.9        19,946.8        16,740.0        20,781.9        33,276.4        (28,510.6 ) 

Add: Fixed Charges

      1.4        17.1        0.3        0.4        12.7        11.3  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

TOTAL EARNINGS (LOSSES)

      30,124.3        19,963.9        16,740.3        20,782.3        33,289.1        (28,499.9 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total Fixed Charges(*)

      1.4        17.1        0.3        0.4        12.7        11.3  

Ratio of earnings to fixed charges

      21,517        1,167        55,801        51,956        2,621        —    

 

(*) Fixed charges consists of interest expensed.