EX-12.1 5 d411764dex121.htm COMPUTATIONS OF RATIO OF EARNINGS TO FIXED CHARGES Computations of ratio of earnings to fixed charges

EXHIBIT 12.1

COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES—FAIR ISAAC CORPORATION

(In thousands, except ratio data)

 

     2008      2009      2010      2011      2012  

Earnings:

               

Income from continuing operations before income taxes

    $ 112,995       $ 97,570       $ 92,304       $ 97,455       $ 136,243   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Fixed charges:

               

Interest expense

      20,335         25,481         24,124         32,364         31,734   

Rent expense (Interest factor)

      9,528         8,146         7,538         7,021         7,100   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

TOTAL FIXED CHARGES

      29,863         33,627         31,662         39,385         38,834   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

EARNINGS AVAILABLE FOR FIXED CHARGES

    $ 142,858       $ 131,197       $ 123,966       $ 136,840       $ 175,077   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Ratio of earnings to fixed charges (1)

      4.78         3.90         3.92         3.47         4.51   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

 

(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).