EX-12.1 6 file005.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES JARDEN CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
------------------------------------------------------------------ FOR THE SIX MONTHS ENDED FOR THE YEAR ENDED DECEMBER 31, JUNE 30, ------------------------------------------------------------------ ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL 1998 1999 2000 2001 2002 2003 ---------- -------- -------- --------- ------- -------- Earnings: Net income (loss) $15.7 $29.2 $4.9 $(85.4) $36.3 $14.2 Plus: Income tax provision (benefit) 10.8 19.5 2.4 (40.4) 16.2 9.1 Minority interest in gain (loss) of consolidated subsidiary - - (0.3) 0.2 - - Extraordinary loss from early extinguishment of debt (net of income taxes) - 1.0 - - - - Fixed Charges 2.3 9.6 13.3 13.4 14.3 8.7 ---------- -------- -------- --------- ------- -------- Numerator - earnings available for fixed charges $28.8 $59.3 $20.3 $(112.2) $66.8 $32.0 ========== ======== ======== ========= ======= ======== Fixed charges: Interest component of rental expense $ 0.5 $ 1.2 $1.4 $1.6 $1.7 $0.5 Interest expense 1.8 8.4 11.9 11.8 12.6 8.2 ---------- -------- -------- --------- ------- -------- Denominator - fixed charges $ 2.3 $ 9.6 $13.3 $13.4 $14.3 $8.7 ========== ======== ======== ========= ======= ======== Ratio of earnings to fixed charges 12.4 6.2 1.5 N/M* 4.7 3.7 ========== ======== ======== ========= ======= ======== * Not meaningful.