Attached files

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EX-31.2 - EX-31.2 - ELECTRONICS FOR IMAGING INCd159417dex312.htm
EX-10.1 - EX-10.1 - ELECTRONICS FOR IMAGING INCd159417dex101.htm
EX-31.1 - EX-31.1 - ELECTRONICS FOR IMAGING INCd159417dex311.htm
EX-10.2 - EX-10.2 - ELECTRONICS FOR IMAGING INCd159417dex102.htm
EX-32.1 - EX-32.1 - ELECTRONICS FOR IMAGING INCd159417dex321.htm
10-Q - 10-Q - ELECTRONICS FOR IMAGING INCd159417d10q.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,      Three Months Ended  
     2011      2012      2013      2014      2015      March 31, 2016  

Income (loss) from continuing operations before income taxes

   $ 30,420       $ 35,023       $ 173,138       $ 42,087       $ 37,522       $ 2,117   

Fixed charges:

                 

Interest expense

     62         709         3,406         5,859         17,364         4,358   

Interest relating to rental expense (1)

     2,081         1,912         2,024         2,039         2,530         740   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total fixed charges

     2,143         2,621         5,430         7,898         19,894         5,098   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Earnings available for fixed charges

   $ 32,563       $ 37,644       $ 178,568       $ 49,985       $ 57,416       $ 7,215   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Ratio of earnings to fixed charges

     15.20         14.36         32.89         6.33         2.89         1.42   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(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.