EX-12.1 2 a01475p1exv12w1.htm EXHIBIT 12.1 Exhibit 12.1
 

Exhibit 12.1

EMULEX CORPORATION

RATIO OF EARNINGS/ DEFICIT OF EARNINGS TO FIXED CHARGES

                                           
Fiscal Years

2004 2003 2002 2001 2000





EARNINGS:
                                       
 
Pretax income (loss) from continuing operations
  $ (494,260 )   $ 105,951     $ (96,527 )   $ 8,584     $ 43,830  
 
Fixed charges
    5,148       5,946       3,722       173       138  
     
     
     
     
     
 
 
Total earnings
  $ (489,112 )   $ 111,897     $ (92,805 )   $ 8,757     $ 43,968  
     
     
     
     
     
 
FIXED CHARGES:
                                       
 
Interest expensed
    4,754       5,510       3,396     $ 1     $ 32  
 
Interest within rental expense
    394       436       326       172       106  
     
     
     
     
     
 
 
Total fixed charges
  $ 5,148     $ 5,946     $ 3,722     $ 173     $ 138  
     
     
     
     
     
 
RATIO OF EARNINGS TO FIXED CHARGES
    N/A       19       N/A       51       319  
     
     
     
     
     
 
DEFICIT OF EARNINGS TO FIXED CHARGES
    (494,260 )     N/A       (96,527 )     N/A       N/A