EX-12 2 a07-5704_1ex12.htm EX-12

EXHIBIT 12

Benchmark Electronics, Inc.

Ratio of Earnings to Fixed Charges

(Dollars in thousands)

 

 

2006

 

2005

 

2004

 

2003

 

2002

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

$

131,757

 

105,814

 

94,153

 

83,010

 

54,966

 

Fixed charges

 

3,456

 

3,965

 

5,286

 

10,966

 

14,960

 

Income before income taxes and fixed charges

 

$

135,213

 

109,779

 

99,439

 

93,976

 

69,926

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of debt issuance costs

 

$

137

 

131

 

967

 

1,483

 

1,628

 

Interest expense

 

217

 

199

 

738

 

6,231

 

9,757

 

Interest component of rental expense

 

3,102

 

3,635

 

3,581

 

3,252

 

3,575

 

Total fixed charges

 

$

3,456

 

3,965

 

5,286

 

10,966

 

14,960

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings to fixed charges ratio

 

39.12

x

27.69

x

18.81

x

8.57

x

4.67

x