EX-12 7 exhibit121.htm Exhibit 12

Exhibit 12.1


STANDEX INTERNATIONAL CORPORATION

Statement of Computation of Ratio of Earnings to Fixed Charges

 

 

 

Year ended June 30,

(in thousands, except for rations)

2009

2008

2007

2006

2005

 

_______

________

________

________

________

Earnings:

  Income (loss) from continuing

  operations before provision

  (benefit) for income taxes



(296)



29,743



22,536



31,963



29,857

 

 

 

 

 

 

Add:

   Fixed charges


7,081


10,139


9,551


8,184


6,905

 

__________

___________

___________

___________

___________

Total earnings as defined

6,785

39,882

32,087

40,147

36,762

 

__________

___________

___________

___________

___________

Fixed Charges

   Interest expense


6,532


9,510


9,025


7,681


6,493

   Estimated interest component of rental expense


549


629


526


503


412

 

__________

___________

___________

___________

___________

Total fixed charges

7,081

10,139

9,551

8,184

6,905

 

__________

___________

___________

___________

___________

 

__________

___________

___________

___________

___________

Ratio of earnings to fixed charges


(a)


3.93:1


3.36:1


4.91:1


5.32:1

 

________

_________

_________

_________

_________

 

 

 

 

 

 

(a)   Fixed charges exceeded earnings by $0.3 million for the year ended June 30, 2009