EX-12.1 97 file096.txt STATEMENT OF COMPUTATION OF RATIO OF EARNINGS ARMOR HOLDINGS, INC. CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the nine months ended For the year ended December 31, September 30, --------------------------------------------------------- ------------- 2003 1998 1999 2000 2001 2002 (Unaudited) --------- --------- --------- --------- --------- ------------- (In thousands, except for the ratio of earnings to fixed charges) Income from continuing operations before provision for income taxes $ 6,613 $ 15,800 $ 18,087 $ 22,891 $ 37,391 $ 24,876 Fixed Charges Interest expense and amortization of debt discount and premium on all indebtedness 89 310 2,214 4,201 1,690 2,786 Interest factor of rental expense 162 384 508 709 1,005 279 --------- --------- --------- --------- --------- ------------- Total fixed charges 251 694 2,722 4,910 2,695 3,065 --------- --------- --------- --------- --------- ------------- Income from continuing operations before provision for income taxes, plus total fixed charges $ 6,864 $ 16,494 $ 20,809 $ 27,801 $ 40,086 $ 27,941 --------- --------- --------- --------- --------- ------------- Ratio of earnings to fixed charges 27.4 23.8 7.6 5.7 14.9 9.1 ========= ========= ========= ========= ========= =============