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EXHIBIT 12.1: STATEMENT RE COMPUTATION OF RATIO OF EARNINGS
REEBOK INTERNATIONAL LTD.
(Amounts in Thousands)
Exhibit 12 - Statement RE: Computation of Ratio of Earnings to Fixed Charges
December December
1999 1998
Earnings
Pretax Income $21,138 $ 35,852
Add:
Interest on indebtedness 49,691 60,671
Amortization of debt discount and issuance costs 344 363
Portions of rent representative of the interest factor 15,395 15,104
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Income as adjusted $86,568 $111,990
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Fixed Charges
Interest on indebtedness $49,691 $ 60,671
Amortization of debt discount and issuance costs 344 363
Portions of rent representative of the interest factor 15,395 15,104
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Fixed charges $65,430 $ 76,138
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Ratio of earnings to fixed charges 1.32 1.47