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S-3 Filing
Standex International (SXI) S-3Shelf registration
Filed: 22 Sep 09, 12:00am
Exhibit 12.1
STANDEX INTERNATIONAL CORPORATION | |||||
Statement of Computation of Ratio of Earnings to Fixed Charges | |||||
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| Year ended June 30, | ||||
(in thousands, except for rations) | 2009 | 2008 | 2007 | 2006 | 2005 |
| _______ | ________ | ________ | ________ | ________ |
Earnings: Income (loss) from continuing operations before provision (benefit) for income taxes | (296) | 29,743 | 22,536 | 31,963 | 29,857 |
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Add: Fixed charges | 7,081 | 10,139 | 9,551 | 8,184 | 6,905 |
| __________ | ___________ | ___________ | ___________ | ___________ |
Total earnings as defined | 6,785 | 39,882 | 32,087 | 40,147 | 36,762 |
| __________ | ___________ | ___________ | ___________ | ___________ |
Fixed Charges Interest expense | 6,532 | 9,510 | 9,025 | 7,681 | 6,493 |
Estimated interest component of rental expense | 549 | 629 | 526 | 503 | 412 |
| __________ | ___________ | ___________ | ___________ | ___________ |
Total fixed charges | 7,081 | 10,139 | 9,551 | 8,184 | 6,905 |
| __________ | ___________ | ___________ | ___________ | ___________ |
| __________ | ___________ | ___________ | ___________ | ___________ |
Ratio of earnings to fixed charges | (a) | 3.93:1 | 3.36:1 | 4.91:1 | 5.32:1 |
| ________ | _________ | _________ | _________ | _________ |
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(a) Fixed charges exceeded earnings by $0.3 million for the year ended June 30, 2009 |