Deluxe (DLX) 10-Q 2011 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,
	2011		2010		2009		2008		2007		2006		2005
Earnings:
Income from continuing operations before income taxes	$	153,953	$	235,949	$	155,021	$	160,176	$	220,015	$	142,788	$	250,223
Interest expense (excluding capitalized interest)(1)		35,922		44,165		46,280		50,421		55,294		56,661		56,604
Portion of rent expense under long-term operating leases representative of an interest factor		2,449		3,438		2,716		3,147		2,900		3,526		4,642
Total earnings	$	192,324	$	283,552	$	204,017	$	213,744	$	278,209	$	202,975	$	311,469
Fixed charges:
Interest expense (including capitalized interest)(1)	$	35,922	$	44,165	$	46,280	$	50,421	$	55,294	$	57,051	$	57,399
Portion of rent expense under long-term operating leases representative of an interest factor		2,449		3,438		2,716		3,147		2,900		3,526		4,642
Total fixed charges	$	38,371	$	47,603	$	48,996	$	53,568	$	58,194	$	60,577	$	62,041
Ratio of earnings to fixed charges		5.0		6.0		4.2		4.0		4.8		3.4		5.0

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