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, | Three Months Ended | |||||||||||||||||||||||
| 2012 | 2013 | 2014 | 2015 | 2016 | March 31, 2017 | |||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | 35,023 | $ | 173,138 | $ | 42,087 | $ | 37,522 | $ | 39,382 | $ | 3,770 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | 709 | 3,406 | 5,859 | 17,364 | 17,716 | 4,660 | ||||||||||||||||||
Interest relating to rental expense (1) | 1,912 | 2,024 | 2,039 | 2,530 | 2,924 | 1,239 | ||||||||||||||||||
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Total fixed charges | 2,621 | 5,430 | 7,898 | 19,894 | 20,640 | 5,899 | ||||||||||||||||||
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Earnings available for fixed charges | $ | 37,644 | $ | 178,568 | $ | 49,985 | $ | 57,416 | $ | 60,022 | $ | 9,669 | ||||||||||||
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Ratio of earnings to fixed charges | 14.36 | 32.89 | 6.33 | 2.89 | 2.91 | 1.64 | ||||||||||||||||||
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| (1) | The representative interest portion of rental expense was deemed to beone-third of all rental expense, except for the rental expense related tooff-balance sheet financing leases, which was deemed to be all interest. |