1 EXHIBIT 12 FURON COMPANY STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (In thousands except ratio information) Year Ended 3 Months Ended -------------------------------------------------- ---------------- Jan. 31 Feb. 1 Feb. 3 Jan. 28 Jan. 29 May 2 May 3 1998 1997 1996 1995 1994 1998 1997 ------- -------- ------- ------- ------- ------ ------ Earnings: Income (loss) before taxes $31,737 ($32,234) $18,414 $17,597 $12,968 $ 7,911 $ 7,541 Add fixed charges, from 10,788 2,669 2,315 1,360 2,477 2,932 2,886 below ------- -------- ------- ------- ------- ------- ------- $42,525 ($29,565) $20,729 $18,957 $15,445 $10,843 $10,427 ======= ======== ======= ======= ======= ======= ======= Fixed Charges: Interest expense $10,788 $ 2,669 $ 2,315 $ 1,360 $ 2,477 $ 2,932 $ 2,886 ======= ======== ======= ======= ======= ======= ======= Ratio of earnings to fixed charges 3.94 * 8.95 13.94 6.24 3.70 3.61 ======= ======== ======= ======= ======= ======= ======= Amount by which earnings are -- $ 29,565 -- -- -- -- -- inadequate to cover fixed charges ======= ======== ======= ======= ======= ======= ======= - --------------------- * Amount results in a deficiency