Attached files
EXHIBIT 12.1
VISANT HOLDING CORP. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)
In thousands |
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||
Earnings |
|||||||||||||||
Income from continuing operations before income taxes |
$ | 87,210 | $ | 77,020 | $ | 72,869 | $ | 54,089 | $ | 28,172 | |||||
Interest expense (excluding capitalized interest) |
113,591 | 126,151 | 145,126 | 151,484 | 126,085 | ||||||||||
Portion of rent expense under long-term operating leases representative of an interest factor |
2,435 | 2,588 | 2,402 | 2,109 | 2,056 | ||||||||||
Total earnings |
$ | 203,236 | $ | 205,759 | $ | 220,397 | $ | 207,682 | $ | 156,313 | |||||
Fixed charges |
|||||||||||||||
Interest expense (including capitalized interest) |
$ | 113,591 | $ | 126,151 | $ | 145,126 | $ | 151,484 | $ | 126,085 | |||||
Portion of rent expense under long-term operating leases representative of an interest factor |
2,435 | 2,588 | 2,402 | 2,109 | 2,056 | ||||||||||
Total fixed charges |
$ | 116,026 | $ | 128,739 | $ | 147,528 | $ | 153,593 | $ | 128,141 | |||||
Ratio of earnings to fixed charges |
1.8x | 1.6x | 1.5x | 1.4x | 1.2x |
VISANT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)
In thousands |
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||
Earnings |
|||||||||||||||
Income from continuing operations before income taxes |
$ | 146,869 | $ | 141,695 | $ | 127,907 | $ | 98,027 | $ | 46,348 | |||||
Interest expense (excluding capitalized interest) |
55,522 | 70,007 | 91,303 | 107,871 | 108,040 | ||||||||||
Portion of rent expense under long-term operating leases representative of an interest factor |
2,435 | 2,588 | 2,402 | 2,109 | 2,056 | ||||||||||
Total earnings |
$ | 204,826 | $ | 214,290 | $ | 221,612 | $ | 208,007 | $ | 156,444 | |||||
Fixed charges |
|||||||||||||||
Interest expense (including capitalized interest) |
$ | 55,522 | $ | 70,007 | $ | 91,303 | $ | 107,871 | $ | 108,040 | |||||
Portion of rent expense under long-term operating leases representative of an interest factor |
2,435 | 2,588 | 2,402 | 2,109 | 2,056 | ||||||||||
Total fixed charges |
$ | 57,957 | $ | 72,595 | $ | 93,705 | $ | 109,980 | $ | 110,096 | |||||
Ratio of earnings to fixed charges |
3.5x | 3.0x | 2.4x | 1.9x | 1.4x |