Deluxe (DLX) 10-Q 2010 Q3 Quarterly report

Exhibit 12.1

Deluxe Corporation

Computation of Ratio of Earnings to Fixed Charges

	Nine Months Ended		Year Ended December 31,
	September 30,
	2010		2009		2008		2007		2006		2005		2004
Earnings:
Income from continuing operations before income taxes	$	186,416	$	155,021	$	160,176	$	220,015	$	142,788	$	250,223	$	316,453
Interest expense (excluding capitalized interest)(1)		33,250		46,280		50,421		55,294		56,661		56,604		32,851
Portion of rent expense under long-term operating leases representative of an interest factor		2,337		2,716		3,147		2,900		3,526		4,642		4,875
Total earnings	$	222,003	$	204,017	$	213,744	$	278,209	$	202,975	$	311,469	$	354,179
Fixed charges:
Interest expense (including capitalized interest)(1)	$	33,250	$	46,280	$	50,421	$	55,294	$	57,051	$	57,399	$	33,299
Portion of rent expense under long-term operating leases representative of an interest factor		2,337		2,716		3,147		2,900		3,526		4,642		4,875
Total fixed charges	$	35,587	$	48,996	$	53,568	$	58,194	$	60,577	$	62,041	$	38,174
Ratio of earnings to fixed charges		6.2		4.2		4.0		4.8		3.4		5.0		9.3

(1)  Does not include interest expense related to uncertain tax positions.