.
.
.
EXHIBIT 12.1
COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES - FAIR ISAAC CORPORATION
(IN THOUSANDS, EXCEPT RATIO DATA)
YEAR ENDED SEPTEMBER 30,
--------------------------------------------------------
2000 2001 2002 2003 2004
-------- -------- -------- -------- --------
Earnings:
Income before income taxes $ 47,070 $ 76,853 $ 53,098 $172,140 $168,815
-------- -------- -------- -------- --------
Fixed charges:
Interest expense 75 122 1,471 10,605 16,942
Rent expense ( x 33.33%) 3,045 3,420 3,997 6,878 8,520
-------- -------- -------- -------- --------
TOTAL FIXED CHARGES 3,120 3,542 5,468 17,483 25,462
-------- -------- -------- -------- --------
EARNINGS AVAILABLE FOR FIXED CHARGES $ 50,190 $ 80,395 $ 58,566 $189,623 $194,277
======== ======== ======== ======== ========
Ratio of earnings to fixed charges (1) 16.09 22.70 10.71 10.85 7.63
======== ======== ======== ======== ========
(1) The ratio of earnings to fixed charges has been computed by dividing
earnings available for fixed charges (earnings before income taxes plus
fixed charges) by fixed charges (interest expense plus portion of rental
expense that represents interest).