EX-12.1 4 dex121.htm STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement re: computation of ratio of earnings to fixed charges

Exhibit 12.1

 

Cable Design Technologies Corporation

 

     Years Ended July 31,

 

Description


   1999

   2000

   2001

   2002

   2003

 
     (dollars in thousands)  

Fixed Charges

                                    

1. Interest expensed and capitalized

   $ 13,530    $ 12,295    $ 9,448    $ 6,914    $ 5,495  

2. Amortization of deferred financing expenses

     338      390      387      431      1,350  

3. An estimate of the interest factor in rental expense

     1,249      1,333      1,480      1,901      1,797  
    

  

  

  

  


Total Fixed Charges

   $ 15,117    $ 14,018    $ 11,315    $ 9,246    $ 8,642  
    

  

  

  

  


Earnings

                                    

1. Pre-tax income (loss) from continuing operations before minority interests

   $ 45,668    $ 75,815    $ 38,083    $ 9,691    $ (1,152 )

2. Fixed charges

     15,117      14,018      11,315      9,246      8,642  

3. Amortization of Capitalized Interest (less interest capitalized)

     5      8      8      8      8  
    

  

  

  

  


Total Earnings

   $ 60,790    $ 89,841    $ 49,406    $ 18,945    $ 7,498  
    

  

  

  

  


Ratio of Earnings to Fixed Charges

     4.02x      6.41x      4.37x      2.05x      —   (a)
    

  

  

  

  



(a) For the year ended July 31, 2003, fixed charges exceeded earnings by approximately $1.1 million.