Deluxe (DLX) 10-Q 2007 Q3 Quarterly report

Exhibit 12.1

Deluxe Corporation
Computation of Ratio of Earnings to Fixed Charges

	Nine Months
	Ended September 30,		Year Ended December 31,
	2007		2006		2005		2004		2003		2002
Earnings:
Income from continuing operations before income taxes	$	159,491	$	142,541	$	250,734	$	316,873	$	299,380	$	340,722
Interest expense (excluding capitalized interest)		42,226		56,661		56,604		32,851		19,241		5,079
Portion of rent expense under long-term operating leases representative of an interest factor		2,380		3,675		4,799		4,929		2,478		3,058
Total earnings	$	204,097	$	202,877	$	312,137	$	354,653	$	321,099	$	348,859
Fixed charges:
Interest expense (including capitalized interest)	$	42,226	$	57,051	$	57,399	$	33,299	$	19,241	$	5,139
Portion of rent expense under long-term operating leases representative of an interest factor		2,380		3,675		4,799		4,929		2,478		3,058
Total fixed charges	$	44,606	$	60,726	$	62,198	$	38,228	$	21,719	$	8,197
Ratio of earnings to fixed charges		4.6		3.3		5.0		9.3		14.8		42.6