EX-12.1 2 d382654dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

Electronics For Imaging, Inc.

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except for ratio of earnings to fixed charges)

 

     Years Ended December 31,      Six Months Ended
June 30, 2017		  
     2012      2013      2014      2015      2016     

Income (loss) from continuing operations before income taxes

    $ 35,023      $ 173,138      $ 42,087      $ 37,522      $ 39,382      $ 7,550  

Fixed charges:

                  

Interest expense

      709        3,406        5,859        17,364        17,716        9,626  

Interest relating to rental expense (1)

      1,912        2,024        2,039        2,530        2,924        1,276  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total fixed charges

      2,621        5,430        7,898        19,894        20,640        10,902  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Earnings available for fixed charges

    $ 37,644      $ 178,568      $ 49,985      $ 57,416      $ 60,022      $ 18,452  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Ratio of earnings to fixed charges

      14.37        32.89        6.33        2.89        2.91        1.69  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

 

(1) The representative interest portion of rental expense was deemed to be one-third of all rental expense, except for the rental expense related to off-balance sheet financing leases, which was deemed to be all interest.