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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
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- 10-K Annual report
- 10.3 Annix I to Deluxe 2000 Stock Incentive Plan
- 10.14 Description of Non-employee Director Compensation
- 10.28 Non-qualified Stock Option Agreement
- 10.29 Restricted Stock Award Agreement
- 12.1 Statement Re: Computation of Ratios
- 21.1 Subsidiaries of the Registrant
- 23.1 Consent of Pricewaterhousecoopers LLP
- 24.1 Power of Attorney
- 31.1 Certification of CEO Pursuant to Section 302
- 31.2 Certification of CFO Pursuant to Section 302
- 32.1 Certification of Ceo/cfo Pursuant to Section 906
Exhibit 12.1
Deluxe Corporation
Computation of Ratio of Earnings to Fixed Charges
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| Year Ended December 31, |
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| 2006 |
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| 2005 |
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| 2004 |
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| 2003 |
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| 2002 |
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| 2001 |
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Earnings: |
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Income from continuing operations before income taxes |
| $ | 142,541 |
| $ | 250,734 |
| $ | 316,873 |
| $ | 299,380 |
| $ | 340,722 |
| $ | 297,534 |
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Interest expense (excluding capitalized interest) |
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| 56,661 |
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| 56,604 |
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| 32,851 |
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| 19,241 |
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| 5,079 |
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| 5,691 |
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Portion of rent expense under long-term operating leases representative of an interest factor |
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| 3,675 |
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| 4,799 |
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| 4,929 |
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| 2,478 |
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| 3,058 |
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| 3,540 |
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Total earnings |
| $ | 202,877 |
| $ | 312,137 |
| $ | 354,653 |
| $ | 321,099 |
| $ | 348,859 |
| $ | 306,765 |
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Fixed charges: |
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Interest expense (including capitalized interest) |
| $ | 57,051 |
| $ | 57,399 |
| $ | 33,299 |
| $ | 19,241 |
| $ | 5,139 |
| $ | 5,691 |
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Portion of rent expense under long-term operating leases representative of an interest factor |
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| 3,675 |
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| 4,799 |
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| 4,929 |
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| 2,478 |
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| 3,058 |
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| 3,540 |
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Total fixed charges |
| $ | 60,726 |
| $ | 62,198 |
| $ | 38,228 |
| $ | 21,719 |
| $ | 8,197 |
| $ | 9,231 |
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Ratio of earnings to fixed charges |
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| 3.3 |
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| 5.0 |
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| 9.3 |
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| 14.8 |
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| 42.6 |
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| 33.2 |
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