Exhibit 12.1
Electronics For Imaging, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except for ratio of earnings to fixed charges)
Years Ended December 31, | ||||||||||||||||||||
2013 | 2014 | 2015 | 2016 | 2017 | ||||||||||||||||
Income from continuing operations before income taxes | $ | 173,138 | $ | 42,087 | $ | 35,568 | $ | 38,648 | $ | 12,130 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | 3,406 | 5,859 | 17,364 | 17,716 | 19,505 | |||||||||||||||
Interest relating to rental expense (1) | 2,024 | 2,039 | 2,530 | 2,924 | 3,602 | |||||||||||||||
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Total fixed charges | 5,430 | 7,898 | 19,894 | 20,640 | 23,107 | |||||||||||||||
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Earnings available for fixed charges | $ | 178,568 | $ | 49,985 | $ | 55,462 | $ | 59,288 | $ | 35,237 | ||||||||||
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Ratio of earnings to fixed charges | 32.89 | 6.33 | 2.79 | 2.87 | 1.52 | |||||||||||||||
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(1) | The representative interest portion of rental expense was deemed to beone-third of all rental expense, except for the rental expense related to theoff-balance sheet financing leases, which was deemed to be all interest. |