EXHIBIT 12.1
AEARO COMPANY
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS)
(UNAUDITED)
Year Ended September 30,
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1999 2000 2001 2002 2003
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EARNINGS:
Pre tax income (loss) from continuing operations....... $ 10,197 $ 12,532 $ (3,841) $ 11,068 $ 23,290
Fixed Charges ......................................... 26,252 26,589 25,846 22,684 21,561
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Earnings as defined ................................... $ 36,449 $ 39,121 $ 22,005 $ 33,752 $ 44,851
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FIXED CHARGE:
Interest Expense, net ................................. $ 24,422 $ 24,479 $ 23,755 $ 20,091 $ 19,456
Interest component of operating lease ................. 1,830 2,110 2,091 2,593 2,105
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Fixed charges as defined .............................. $ 26,252 $ 26,589 $ 25,846 $ 22,684 $ 21,561
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Ratio of Earnings to Fixed Charges .................... 1.4 1.5 1.5 2.1
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Note: Earnings for the year ended September 30, 2001 was insufficient to
cover fixed charges by $3.8 million.