Attached files
| file | filename |
|---|---|
| EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - BEL FUSE INC /NJ | ex23-1.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-31.2 - EXHIBIT 31.2 - BEL FUSE INC /NJ | ex31-2.htm |
| EX-31.1 - EXHIBIT 31.1 - BEL FUSE INC /NJ | ex31-1.htm |
| EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - BEL FUSE INC /NJ | ex21-1.htm |
| 10-K - FORM 10-K - BEL FUSE INC /NJ | bel10-k.htm |
Exhibit 12.1
BEL FUSE INC.
COMPUTATION OF RATIO OF EARNINGS (LOSS) TO FIXED CHARGES
|
Year ended December 31,
|
||||||||||||||||||||
|
2017
|
2016
|
2015
|
2014
|
2013
|
||||||||||||||||
|
Earnings (Loss):
|
||||||||||||||||||||
|
Earnings (loss) before provision for income taxes
|
$
|
9,643
|
$
|
(82,552
|
)
|
$
|
25,732
|
$
|
9,770
|
$
|
15,165
|
|||||||||
|
Fixed charges
|
9,544
|
9,285
|
10,501
|
6,471
|
1,789
|
|||||||||||||||
|
Total earnings (loss)
|
19,187
|
(73,267
|
)
|
36,233
|
16,241
|
16,954
|
||||||||||||||
|
Fixed Charges:
|
||||||||||||||||||||
|
Interest expense
|
6,802
|
6,662
|
7,588
|
3,978
|
156
|
|||||||||||||||
|
Estimate of interest within rental expense (a)
|
2,742
|
2,623
|
2,913
|
2,493
|
1,633
|
|||||||||||||||
|
Total fixed charges
|
$
|
9,544
|
$
|
9,285
|
$
|
10,501
|
$
|
6,471
|
$
|
1,789
|
||||||||||
|
Ratio of earnings (loss) to fixed charges
|
2.01
|
(7.89
|
)
|
3.45
|
2.51
|
9.48
|
||||||||||||||
(a) Estimate of interest within rental expense has been deemed to be approximately 33% of rental expense.