Attached files

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EX-31.1 - EXHIBIT 31.1 CEO CERTIFICATION - SANDISK CORPex31_1.htm
EX-32.1 - EXHIBIT 32.1 CEO CERTIFICATION - SANDISK CORPex32_1.htm
EX-32.2 - EXHIBIT 32.2 CFO CERTIFICATION - SANDISK CORPex32_2.htm
EX-31.2 - EXHIBIT 31.2 CFO CERTIFICATION - SANDISK CORPex31_2.htm
10-Q - FORM 10-Q Q3'09 - SANDISK CORPform_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.