EX-12.1 4 s-3february2013exhibit121s.htm EXHIBIT S-3 February 2013 Exhibit 12.1 Statement of Ratio



Exhibit 12.1
STATEMENT OF COMPUTATION OF RATIOS
(in thousands, except ratios)
 
 
Year Ended September 31,
 
 
Three Months
Ended
December 31,
2012

 
 
 
2008
 
 
2009
 
 
2010
 
 
2011
 
  
2012
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
Income (loss) before income taxes
$
28,249

 
 
$
10,772

 
 
$
11,476

 
$
37,050

 
  
  
$
14,896

 
$
13,307

 
  
Add: Fixed charges
 
2,520

  
 
 
1,653

 
 
 
4,008

 
 
3,787

 
  
  
 
3,664

 
 
976

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
Earnings as defined
$
30,770

 
 
$
12,426

 
 
$
18,560

 
$
40,837

 
  
  
$
18,560

 
$
14,284

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
Interest expense on long term indebtedness
$
1,932

  
 
$
1,270

 
 
$
1,934

 
$
867

 
  
  
$
—

  
$
—

 
  
Estimated interest component of rent
 
588

  
 
 
383

 
 
 
2,074

 
 
2,961

 
  
  
 
3,664

  
 
976

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
  
 
 
 
 
 
 
 
Total fixed charges
$
2,520

  
 
$
1,653

 
 
$
4,008

 
 $
3,787

 
  
  
$
3,664

  
$
976

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
Ratio of earnings to fixed charges (1)
 
12.2

  
 
 
7.5

  
 
 
3.9

  
 
10.8

 
  
  
 
5.1

  
 
14.6

 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
(1)
For purposes of computing this ratio of earnings to fixed charges, fixed charges consist of interest expense on any long term indebtedness and estimated interest component of rent and earnings consist of income (loss) before income taxes plus fixed charges. We have not included a ratio of earnings to combined fixed charges and preferred stock dividends because we do not have any preferred stock outstanding as of the date of this prospectus.