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 | |
| | | | | | | | | | | | | | | | | | | | |
Total earnings available to cover fixed charges | | $ | 108,559 | | | $ | 154,391 | | | $ | 190,405 | | | $ | 204,826 | | | $ | 214,290 | |
| | | | | | | | | | | | | | | | | | | | |
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 | |
| | | | | | | | | | | | | | | | | | | | |
Total fixed charges | | $ | 161,336 | | | $ | 166,650 | | | $ | 93,570 | | | $ | 57,957 | | | $ | 72,595 | |
| | | | | | | | | | | | | | | | | | | | |
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. |