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EX-32.2 - EXHIBIT 32.2 - CIENA CORPa2016103110kex322.htm
EX-32.1 - EXHIBIT 32.1 - CIENA CORPa2016103110kex321.htm
EX-31.2 - EXHIBIT 31.2 - CIENA CORPa2016103110kex312.htm
EX-31.1 - EXHIBIT 31.1 - CIENA CORPa2016103110kex311.htm
EX-23.1 - EXHIBIT 23.1 - CIENA CORPa2016103110kex231pwcconsent.htm
EX-21.1 - EXHIBIT 21.1 - CIENA CORPa2016103110kex211.htm
EX-10.24 - EXHIBIT 10.24 - CIENA CORPexhibit1024cicoagree-execo.htm
EX-10.23 - EXHIBIT 10.23 - CIENA CORPexhibit1023cicoagree-gsmith.htm
10-K - 10-K - CIENA CORPa20161031financials.htm


EXHIBIT 12.1
Statement of Computation of Ratio of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
Year Ended October 31,
 
 
 
2016
 
2015
 
2014
 
Pre-tax earnings (loss) from continuing operations
$
86,718

 
$
23,764

 
$
(26,673
)
 
Fixed charges:
 
 
 
 
 
 
 
Interest expense
56,656

 
51,179

 
47,115

 
 
Portion of rental expense representative of interest factor
8,788

 
8,491

 
7,550

 
 
Total fixed charges
65,444

 
59,670

 
54,665

 
Pre-tax earnings (loss) from continuing operations plus fixed charges
$
152,162

 
$
83,434

 
$
27,992

 
 
 
 
 
 
 
 
 Ratio of earnings (losses) to fixed charges
$
2.33

 
$
1.40

 
$

 
 
 
 
 
 
 
(1)
 


(1) Earnings for the year ended October 31, 2014 were inadequate to cover fixed charges by $26.7 million.