Attached files
file | filename |
---|---|
EX-31.1 - EXHIBIT 31.1 CEO CERTIFICATION - SANDISK CORP | ex31_1.htm |
EX-32.1 - EXHIBIT 32.1 CEO CERTIFICATION - SANDISK CORP | ex32_1.htm |
EX-32.2 - EXHIBIT 32.2 CFO CERTIFICATION - SANDISK CORP | ex32_2.htm |
EX-31.2 - EXHIBIT 31.2 CFO CERTIFICATION - SANDISK CORP | ex31_2.htm |
10-Q - FORM 10-Q Q3'09 - SANDISK CORP | form_10q.htm |
EXHIBIT
12.1
Computation
of Ratio of Earnings to Fixed Charges
Three
months ended September 27, 2009
|
Nine months
ended September 27, 2009
|
|||||||
(In
thousands, except ratio)
|
||||||||
Computation
of earnings:
|
||||||||
Income
(loss) before provision for income taxes
|
$ | 237,415 | $ | 126,545 | ||||
Fixed
charges excluding capitalized interest
|
19,833 | 60,578 | ||||||
Distributed
earnings from 50%-or-less-owned
affiliate
|
(313 | ) | (243 | ) | ||||
Adjusted
earnings
|
$ | 256,935 | $ | 186,880 | ||||
Computation
of fixed charges:
|
||||||||
Interest
expense
|
$ | 17,388 | $ | 51,325 | ||||
Interest
relating to lease guarantee of 50%-or-less-owned affiliate
|
1,821 | 7,335 | ||||||
Interest
portion of operating lease expense
|
624 | 1,918 | ||||||
Fixed
charges
|
$ | 19,833 | $ | 60,578 | ||||
Ratio
of earnings to fixed charges (1)
|
13.0x |
3.1x
|
(1)
|
Computed
by dividing (i) income (loss) before provision for income taxes
adjusted for fixed charges by (ii) fixed charges which include interest
expense plus amortization of debt issuance costs, the portion of rent
expense under operating leases deemed to be representative of the interest
factor and interest relating to lease guarantees of 50%-or-less-owned
affiliates.
|