Attached files

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EXCEL - IDEA: XBRL DOCUMENT - INGRAM MICRO INCFinancial_Report.xls
EX-32.1 - EXHIBIT 32.1 - INGRAM MICRO INCim-ex321x2014x10k.htm
EX-31.2 - EXHIBIT 31.2 - INGRAM MICRO INCim-ex312x2014x10k.htm
EX-31.1 - EXHIBIT 31.1 - INGRAM MICRO INCim-ex311x2014x10k.htm
EX-21.1 - EXHIBIT 21.1 - INGRAM MICRO INCim-ex211x2014x10k.htm
EX-23.1 - EXHIBIT 23.1 - INGRAM MICRO INCim-ex231x2014x10k.htm
EX-10.35 - EXHIBIT 10.35 - INGRAM MICRO INCim-ex1035xamendno4x2014x10k.htm
10-K - 10-K - INGRAM MICRO INCim201410k.htm
EX-10.49 - EXHIBIT 10.49 - INGRAM MICRO INCim-ex1049x2014x10k_401k.htm


Exhibit 12.1

Ingram Micro Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in 000s, except ratios)

 
 
Fiscal Year Ended
 
 
January 3, 2015
 
December 28, 2013
 
December 29, 2012
 
December 31, 2011
 
January 1, 2011
 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense and amortized premiums, discounts and capitalized expenses related to indebtedness
 
$
77,728

 
$
59,165

 
$
55,690

 
$
52,509

 
$
39,259

Estimated interest within rental expense (A)
 
39,297

 
37,903

 
32,223

 
31,242

 
29,828

Total fixed charges
 
$
117,025

 
$
97,068

 
$
87,913

 
$
83,751

 
$
69,087

 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
Income before income taxes
 
394,751

 
436,099

 
396,184

 
387,871

 
438,061

Fixed charges
 
117,025

 
97,068

 
87,913

 
83,751

 
69,087

Total earnings
 
$
511,776

 
$
533,167

 
$
484,097

 
$
471,622

 
$
507,148

 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
4.4
 
5.5
 
5.5
 
5.6
 
7.3

(A) Interest is estimated at 33% of rental charges, which considers the mix of building and equipment rental and assumption of average debt service cost over the assumed life of the related property