EX-12.1 7 a94662exv12w1.txt EXHIBIT 12.1 . . . EXHIBIT 12.1 COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES - FAIR ISAAC CORPORATION (IN THOUSANDS, EXCEPT RATIO DATA)
YEAR ENDED SEPTEMBER 30, ------------------------------------------------------------ 1999 2000 2001 2002 2003 -------- -------- -------- -------- ------- Earnings: Income before income taxes $ 50,600 $ 47,070 $ 76,853 $ 53,098 $172,140 -------- -------- -------- -------- -------- Fixed charges: Interest expense 184 75 122 1,471 10,605 Rent expense ( x 33.33%) 3,054 3,045 3,420 3,997 6,878 -------- -------- -------- -------- -------- TOTAL FIXED CHARGES 3,238 3,120 3,542 5,468 17,483 -------- -------- -------- -------- -------- EARNINGS AVAILABLE FOR FIXED CHARGES $ 53,838 $ 50,190 $ 80,395 $ 58,566 $189,623 ======== ======== ======== ======== ======== Ratio of earnings to fixed charges (1) 16.63 16.09 22.70 10.71 10.85 ======== ======== ======== ======== ========
(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).