EX-12.1 12 c47904exv12w1.htm EX-12.1 EX-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,  
    2004     2005     2006     2007     2008  
Earnings:
                                       
Income from continuing operations before income taxes
  $ 166,341     $ 196,095     $ 160,869     $ 161,515     $ 112,995  
 
                             
 
                                       
Fixed charges:
                                       
Interest expense
    16,942       8,347       8,569       12,766       20,335  
Rent expense (Interest factor)
    8,191       8,798       9,098       8,016       9,528  
 
                             
TOTAL FIXED CHARGES
    25,133       17,145       17,667       20,782       29,863  
 
                             
 
                                       
EARNINGS AVAILABLE FOR FIXED CHARGES
  $ 191,474     $ 213,240     $ 178,536     $ 182,297     $ 142,858  
 
                             
 
                                       
Ratio of earnings to fixed charges (1)
    7.62       12.44       10.11       8.77       4.78  
 
                             
 
(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).