EX-12.1 5 y40332ex12-1.txt COMPUTATION OF RATIO OF EARINGS TO FIXED CHARGES 1 Exhibit 12.1 Cable Design Technologies Corporation COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Dollars In thousands
Nine Months ------------------Fiscal Year Ended July 31,------------------ Ended 1995 1996 1997 1998 1999 April 30, 2000 ---- ---- ---- ---- ---- -------------- NUMERATOR: Earnings before income tax $24,507 $25,894 $57,322 $65,816 $66,364 $61,802 Add: Minority interest in earnings (losses) of subsidiaries --- --- (35) 25 883 760 Fixed charges 5,524 6,727 7,746 10,835 15,117 10,462 Amortization of interest capitalized --- --- --- 3 5 3 Less: Interest capitalized --- --- (38) (272) --- --- ----------- ---------- ---------- ---------- ---------- ------------- Earnings as adjusted $30,031 $32,621 $64,995 $76,407 $82,369 $73,027 =========== ========== ========== ========== ========== ============= DENOMINATOR: Interest expense $ 5,113 $ 5,797 $ 6,130 $ 9,213 $13,868 $ 9,551 Interest capitalized --- --- 38 272 --- --- Portion of rent expense representative of the interest factor 411 930 1,578 1,350 1,249 911 ----------- ---------- ---------- ---------- ---------- ------------- Fixed charges $ 5,524 $ 6,727 $ 7,746 $10,835 $15,117 $10,462 =========== ========== ========== ========== ========== ============= Ratio of earnings to fixed charges 5.44 4.85 8.39 7.05 5.45 6.98 =========== ========== ========== ========== ========== =============