EX-12.1 3 file002.txt STATEMENT OF COMPUTATION OF RATIO OF EARNINGS
ARMOR HOLDINGS, INC. CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE YEAR ENDED DECEMBER 31, 1999 2000 2001 2002 2003 -------- -------- -------- -------- -------- (IN THOUSANDS, EXCEPT FOR THE RATIO OF EARNINGS TO FIXED CHARGES) Income from continuing operations before provision for income taxes $ 15,800 $ 18,087 $ 22,891 $ 37,391 $ 31,209 Fixed Charges Interest expense and amortization of debt discount and premium on all indebtedness 310 2,214 4,201 1,690 4,892 Interest factor of rental expense 384 508 709 1,005 946 -------- -------- -------- -------- -------- Total fixed charges 694 2,722 4,910 2,695 5,838 -------- -------- -------- -------- -------- Income from continuing operations before provision for income taxes, plus total fixed charges $ 16,494 $ 20,809 $ 27,801 $ 40,086 $ 37,047 -------- -------- -------- -------- -------- Ratio of earnings to fixed charges 23.8 7.6 5.7 14.9 6.3 ======== ======== ======== ======== ========