Exhibit 12.1
VISANT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)
In thousands | 2012(1) | 2011(2) | 2010 | 2009 | 2008 | |||||||||||||||
Earnings available to cover fixed charges: | ||||||||||||||||||||
(Loss) income from continuing operations before income taxes | $ | (52,777 | ) | $ | (12,259 | ) | $ | 96,835 | $ | 146,869 | $ | 141,695 | ||||||||
Interest expense | 158,924 | 164,233 | 91,451 | 55,522 | 70,007 | |||||||||||||||
Portion of rent expense under long-term operating leases representative of an interest factor | 2,412 | 2,417 | 2,119 | 2,435 | 2,588 | |||||||||||||||
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Total earnings available to cover fixed charges | $ | 108,559 | $ | 154,391 | $ | 190,405 | $ | 204,826 | $ | 214,290 | ||||||||||
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Fixed charges | ||||||||||||||||||||
Interest expense | $ | 158,924 | $ | 164,233 | $ | 91,451 | $ | 55,522 | $ | 70,007 | ||||||||||
Portion of rent expense under long-term operating leases representative of an interest factor | 2,412 | 2,417 | 2,119 | 2,435 | 2,588 | |||||||||||||||
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Total fixed charges | $ | 161,336 | $ | 166,650 | $ | 93,570 | $ | 57,957 | $ | 72,595 | ||||||||||
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Ratio of earnings to fixed charges | 0.0 | x | 0.0 | x | 2.0 | x | 3.5 | x | 3.0 | x |
(1) | The Company was deficient to cover fixed charges by $ 52.8 million. |
(2) | The Company was deficient to cover fixed charges by $ 12.3 million. |