EX-12.1 5 c10450exv12w1.htm COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES exv12w1
 

EXHIBIT 12.1
COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES — FAIR ISAAC CORPORATION
(In thousands, except ratio data)
                                         
    Year Ended September 30,  
    2002     2003     2004     2005     2006  
Earnings:
                                        
Income before income taxes
   $ 53,098     $ 172,140     $ 168,815     $ 194,088     $ 159,192  
 
                              
 
                                        
Fixed charges:
                                        
Interest expense
     1,471       10,605       16,942       8,347       8,569  
Rent expense (Interest factor)
     3,997       6,878       8,520       9,143       9,399  
 
                              
TOTAL FIXED CHARGES
     5,468       17,483       25,462       17,490       17,968  
 
                              
 
                                        
EARNINGS AVAILABLE FOR FIXED CHARGES
   $ 58,566     $ 189,623     $ 194,277     $ 211,578     $ 177,160  
 
                              
 
                                        
Ratio of earnings to fixed charges (1)
     10.71       10.85       7.63       12.10       9.86  
 
                              
 
(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).