Exhibit 12.1
Electronics For Imaging, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except for ratio of earnings to fixed charges)
| Years Ended December 31, | Six Months Ended | |||||||||||||||||||||||
| 2007 | 2008 | 2009 | 2010 | 2011 | June 30, 2012 | |||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | 22,209 | $ | (133,076 | ) | $ | 16,035 | $ | (1,630 | ) | $ | 30,420 | $ | 17,306 | ||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | 5,012 | 1,537 | 4 | 43 | 62 | 57 | ||||||||||||||||||
Interest relating to rental expense (1) | 6,339 | 5,314 | 2,438 | 2,533 | 2,081 | 1,032 | ||||||||||||||||||
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Total fixed charges | 11,351 | 6,851 | 2,442 | 2,576 | 2,143 | 1,089 | ||||||||||||||||||
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Earnings available for fixed charges | $ | 33,560 | $ | (126,225 | ) | $ | 18,477 | $ | 946 | $ | 32,563 | $ | 18,395 | |||||||||||
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Ratio of earnings to fixed charges | 2.96 | N/A | (2) | 7.57 | 0.37 | 15.19 | 16.89 | |||||||||||||||||
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| (1) | The representative interest portion of rental expense was deemed to be one-third of all rental expense, except for the rental expense related to the off-balance sheet financing leases, as described in the footnotes to the financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2011, which was deemed to be all interest. |
| (2) | For the year ended December 31, 2008, our earnings were insufficient to cover fixed charges. The amount of additional earnings needed to cover fixed charges for the year was $126.2 million. |