EX-12.1 3 a03-2214_1ex12d1.htm EX-12.1

Exhibit 12.1

 

HCC INDUSTRIES INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)
(unaudited)

 

 

 

For the Three months Ended

 

 

 

June 28,
2003

 

June 29,
2002

 

 

 

 

 

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Loss before tax benefit

 

$

(1,144

)

$

(1,869

)

 

 

 

 

 

 

Add:  Fixed Charges(1)

 

2,375

 

2,429

 

 

 

 

 

 

 

 

 

$

1,231

 

$

560

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges (1)

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

2,375

 

$

2,429

 

 

 

$

2,375

 

$

2,429

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges (2)

 

0.5

 

0.2

 

 

(1)      The ratios of earnings to fixed charges were computed by dividing earnings by fixed charges.  For this purpose, “earnings” consist of earnings (loss) before taxes (tax benefit) plus fixed charges and “fixed charges” consist of interest expense and amortization of debt issuance costs.

 

(2)      The Company’s earnings were insufficient to cover fixed charges by $1,144,000 (June 28, 2003) and $1,869,000 (June 29, 2002).