EX-12.1 3 exh12-1_17398.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Unassociated Document
EXHIBIT 12.1
 
 
 
 
j2 GLOBAL, INC.
 
Statement re: Computation of Ratio of Earnings to Fixed Charges
(unaudited)
 
 
 
   
Year Ended
    
Six Months Ended
  
   
December 31,
 2007
    
December 31,
 2008
    
December 31,
 2009
    
December 31,
 2010
    
December 31,
 2011
    
June 30,
 2011
    
June 30,
 2012
  
    (Dollars in thousands)  
                                                         
Earnings:
                                                        
Income before income taxes
  
$
95,461
    
$
102,153
    
$
97,779
    
$
110,637
    
$
137,116
    
$
60,983
    
$
77,727
  
Add: Fixed charges
    
647
      
891
      
806
      
1,110
      
1,460
      
726
      
750
  
                                                         
Total earnings
  
$
96,108
    
$
103,044
    
$
98,585
    
$
111,747
    
$
138,576
    
$
61,709
    
$
78,477
  
                                                         
Fixed Charges:
                                                        
Interest expense
  
$
11
    
$
104
    
$
76
    
$
104
    
$
147
    
$
65
    
$
89
  
Interest factor in rental expense (1)
    
636
      
787
      
730
      
1,006
      
1,313
      
661
      
661
  
                                                         
Total fixed charges
  
$
647
    
$
891
    
$
806
    
$
1,110
    
$
1,460
    
$
726
    
$
750
  
                                                         
Ratio of earnings to fixed charges
    
148.5
 x
    
115.6
 x
    
122.3
 x
    
100.7
 x
    
94.9
 x
    
85.0
 x
    
104.6
 x
                                                         
 
 

(1)
Utilized an assumed interest factor of 33% in rental expense.

The interest amount associated with unrecognized tax positions is a component of income tax expense and not fixed charges, thus is not included in the table above.