EX-12.1 4 c57144ex12-1.txt STATEMENT OF COMPUTAITON OF RATIO OF EARNINGS 1 EXHIBIT 12.1 PLEXUS CORP. STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
EARNINGS TO FIXED CHARGES (in thousands, except ratio data) -------------------------------------------------------------------------------- Nine Months Fiscal Years Ended September 30, Ended ----------------------------------------------------------------- June 30, 2000 1999 1998 1997 1996 1995 -------------------------------------------------------------------------------- Net earnings from continuing operations $28,023 $20,311 $22,937 $18,893 $ 8,350 $ 7,073 Add income tax expense 18,830 15,838 14,345 12,022 5,442 4,095 Add interest expense 435 274 86 1,014 2,286 2,664 Portion of rent deemed interest factor (1) 3,033 3,767 3,400 3,833 4,718 4,296 -------------------------------------------------------------------------------- Total earnings available for fixed charges $50,321 $40,190 $40,768 $35,762 $20,796 $18,128 ================================================================================ Fixed charges: Interest expense $ 435 $ 274 $ 86 $ 1,014 $ 2,286 $ 2,664 Portion of rent deemed interest factor 3,033 3,767 3,400 3,833 4,718 4,296 -------------------------------------------------------------------------------- Total fixed charges $ 3,468 $ 4,041 $ 3,486 $ 4,847 $ 7,004 $ 6,960 ================================================================================ Ratio of earnings to fixed charges 14.5x 9.9x 11.7x 7.4x 3.0x 2.6x ================================================================================ ================================================================================
--------------- Notes for explanations: (1) One-third of rental expense is deemed representative of the interest factor.