Attached files

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EXCEL - IDEA: XBRL DOCUMENT - ELECTRONICS FOR IMAGING INCFinancial_Report.xls
EX-32.1 - EX-32.1 - ELECTRONICS FOR IMAGING INCd779154dex321.htm
EX-31.2 - EX-31.2 - ELECTRONICS FOR IMAGING INCd779154dex312.htm
EX-31.1 - EX-31.1 - ELECTRONICS FOR IMAGING INCd779154dex311.htm
10-Q - FORM 10-Q - ELECTRONICS FOR IMAGING INCd779154d10q.htm

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,      Nine Months Ended  
     2009      2010     2011      2012      2013      September 30, 2014  

Income (loss) from continuing operations before income taxes

   $ 16,035       $ (1,630   $ 30,420       $ 35,023       $ 173,138       $ 29,824   

Fixed charges:

                

Interest expense

     4         43        62         709         3,406         1,708   

Interest relating to rental expense (1)

     2,438         2,533        2,081         1,912         2,024         1,568   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total fixed charges

     2,442         2,576        2,143         2,621         5,430         3,276   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Earnings available for fixed charges

   $ 18,477       $ 946      $ 32,563       $ 37,644       $ 178,568       $ 33,100   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Ratio of earnings to fixed charges

     7.57         0.37        15.20         14.36         32.89         10.10   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) The representative interest portion of rental expense was deemed to be one-third of all rental expense, except for the rental expense related to the off-balance sheet financing lease, as described in the footnotes to the financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2011, which was deemed to be all interest. The off-balance sheet financing lease was terminated effective November 1, 2012.