Attached files
file | filename |
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EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - BEL FUSE INC /NJ | ex23-1.htm |
EX-31.1 - EXHIBIT 31.1 - BEL FUSE INC /NJ | ex31-1.htm |
EX-32.2 - EXHIBIT 32.2 - BEL FUSE INC /NJ | ex32-2.htm |
EX-32.1 - EXHIBIT 32.1 - BEL FUSE INC /NJ | ex32-1.htm |
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - BEL FUSE INC /NJ | ex21-1.htm |
EX-31.2 - EXHIBIT 31.2 - BEL FUSE INC /NJ | ex31-2.htm |
10-K - FORM 10-K - BEL FUSE INC /NJ | bel10-k.htm |
Exhibit 12.1
BEL FUSE INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year ended December 31,
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2015
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2014
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2013
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2012
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2011
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||||||||||||||||
(Revised)
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||||||||||||||||||||
Earnings:
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||||||||||||||||||||
Earnings before provision for income taxes
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$
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25,732
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$
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9,770
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$
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15,165
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$
|
997
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$
|
7,872
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||||||||||
Fixed charges
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10,501
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6,471
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1,789
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1,149
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1,100
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|||||||||||||||
Total earnings
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36,233
|
16,241
|
16,954
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2,146
|
8,972
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|||||||||||||||
Fixed Charges:
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Interest expense
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7,588
|
3,978
|
156
|
16
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-
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|||||||||||||||
Estimate of interest within rental expense (a)
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2,913
|
2,493
|
1,633
|
1,133
|
1,100
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|||||||||||||||
Total fixed charges
|
10,501
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6,471
|
1,789
|
1,149
|
1,100
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|||||||||||||||
Ratio of earnings to fixed charges
|
3.45
|
2.51
|
9.48
|
1.87
|
8.16
|
(a)
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Estimate of interest within rental expense has been deemed to be approximately 33% of rental expense.
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