EX-12.1 8 a80940orex12-1.txt EXHIBIT 12.1 EXHIBIT 12.1 EMULEX CORPORATION RATIO OF EARNINGS/DEFICIT OF EARNINGS TO FIXED CHARGES
Six Month Fiscal Years Ended ---------------------------------------------------- Dec. 30, 2001 2001 2000 1999 1998 1997 ------------- -------- -------- -------- -------- -------- EARNINGS: Pretax income from continuing operations $(64,261) $ 8,584 $ 43,830 $ 5,512 $(10,926) $ 1,063 Fixed charges 192 173 138 169 213 323 -------- -------- -------- -------- -------- -------- Total earnings $(64,069) $ 8,757 $ 43,968 $ 5,681 $(10,713) $ 1,386 -------- -------- -------- -------- -------- -------- FIXED CHARGES: Interest expense $ 7 $ 1 $ 32 $ 72 $ 94 $ 185 Interest within rental expense(1) 185 172 106 97 119 138 -------- -------- -------- -------- -------- -------- Total fixed charges $ 192 $ 173 $ 138 $ 169 $ 213 $ 323 -------- -------- -------- -------- -------- -------- RATIO OF EARNINGS TO FIXED CHARGES N/A 51 319 34 N/A 4 ======== ======== ======== ======== ======== ======== DEFICIT OF EARNINGS TO FIXED CHARGES (64,261) N/A N/A N/A (10,926) N/A ======== ======== ======== ======== ======== ========
(1) The interest rate used on this calculation was 11.5%.