EX-12.1 3 d64697exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
Harman International Industries, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratios)
                                         
    For the twelve months ended June 30,  
    2008     2007     2006     2005     2004  
Earnings:
                                       
Income from continuing operations, before taxes
  $ 124,484     $ 382,205     $ 376,187     $ 335,337     $ 227,520  
Fixed charges
    34,711       24,366       39,239       34,839       42,518  
 
                             
Total earnings available for fixed charges
  $ 159,195     $ 406,571     $ 415,426     $ 370,176     $ 270,038  
 
                             
 
                                       
Fixed Charges:
                                       
Interest expense, including amortization of debt costs
  $ 17,878     $ 9,599     $ 25,239     $ 18,139     $ 20,718  
Interest factor on rent (Appox. 1/3 of rent expense)
    16,833       14,767       14,000       16,700       21,800  
 
                             
Total Fixed Charges
  $ 34,711     $ 24,366     $ 39,239     $ 34,839     $ 42,518  
 
                             
 
                                       
Ratio of Earnings to Fixed Charges
    4.59       16.69       10.59       10.63       6.35