EX-12.1 6 a2058923zex-12_1.htm EXHIBIT 12.1 Prepared by MERRILL CORPORATION
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Exhibit 12.1

FEI Company
Statement Regarding Computation of
Ratios of Earnings (Losses) to Fixed Charges

 
   Fiscal Year Ended December 31,
   Nine Months Ended
  
 
   1996
   1997
   1998
   1999
   2000
   September 30,
2000
   September 30,
2001
  
Earnings (Losses):                                
  Income (loss from continuing operations before taxes     687   (33,495 ) (13,705 ) (2,580 ) 34,883   19,583   41,891  
  Fixed charges (from below)     —   1,796   2,428   2,454   4,002   3,089   4,155  
   
 
 
 
 
 
 
 
    Adjusted earnings (losses)     687   (31,699 ) (11,277 ) (126 ) 38,885   22,672   46,046  
   
 
 
 
 
 
 
 
Fixed Charges:                                
  Interest expense     —   846   1,164   1,162   2,336   1,839   2,643  
  Capitalized interest(1)     —   —   —   —   —   —   —  
  Amortized premiums, discounts & capitalized debt costs     —   —   —   —   —       138  
  Estimated interest portion of operating leases (assumed 1/3)     —   950   1,264   1,292   1,666   1,250   1,374  
  Preference security dividend requirements of consol subs     n/a   n/a   n/a   n/a   n/a   n/a   n/a  
   
 
 
 
 
 
 
 
    Fixed charges     —   1,796   2,428   2,454   4,002   3,089   4,155  
   
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges     —   —   —   —   9.7 x 7.3 x 11.1 x
   
 
 
 
 
 
 
 
Deficiency of Earnings (losses) to Fixed Charges   $ —   (33,495 ) (13,705 ) (2,580 ) —   —   —  
   
 
 
 
 
 
 
 


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