Attached files

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EX-31.2 - EX-31.2 - ELECTRONICS FOR IMAGING INCd80629dex312.htm
EX-32.1 - EX-32.1 - ELECTRONICS FOR IMAGING INCd80629dex321.htm
EX-31.1 - EX-31.1 - ELECTRONICS FOR IMAGING INCd80629dex311.htm
10-Q - FORM 10-Q - ELECTRONICS FOR IMAGING INCd80629d10q.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  
     2010     2011      2012      2013      2014      September 30, 2015  

Income (loss) from continuing operations before income taxes

   $ (1,630   $ 30,420       $ 35,023       $ 173,138       $ 42,087       $ 23,308   

Fixed charges:

                

Interest expense

     43        62         709         3,406         5,859         12,870   

Interest relating to rental expense (1)

     2,533        2,081         1,912         2,024         2,039         1,730   
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total fixed charges

     2,576        2,143         2,621         5,430         7,898         14,600   
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Earnings available for fixed charges

   $ 946      $ 32,563       $ 37,644       $ 178,568       $ 49,985       $ 37,908   
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Ratio of earnings to fixed charges

     0.37        15.20         14.36         32.89         6.33         2.60   
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(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 leases, which was deemed to be all interest. The off-balance sheet financing leases were terminated effective November 1, 2012.