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EXHIBIT 12.1
PLEXUS CORP.
STATEMENT OF COMPUTATION OF RATIO OF
EARNINGS TO FIXED CHARGES
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<CAPTION>
EARNINGS TO FIXED CHARGES
(in thousands, except ratio data)
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Nine
Months Fiscal Years Ended September 30,
Ended -----------------------------------------------------------------
June 30, 2000 1999 1998 1997 1996 1995
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<S> <C> <C> <C> <C> <C> <C>
Net earnings from
continuing operations $28,023 $20,311 $22,937 $18,893 $ 8,350 $ 7,073
Add income tax expense 18,830 15,838 14,345 12,022 5,442 4,095
Add interest expense 435 274 86 1,014 2,286 2,664
Portion of rent deemed
interest factor (1) 3,033 3,767 3,400 3,833 4,718 4,296
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Total earnings
available for fixed
charges $50,321 $40,190 $40,768 $35,762 $20,796 $18,128
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Fixed charges:
Interest expense $ 435 $ 274 $ 86 $ 1,014 $ 2,286 $ 2,664
Portion of rent deemed
interest factor 3,033 3,767 3,400 3,833 4,718 4,296
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Total fixed charges $ 3,468 $ 4,041 $ 3,486 $ 4,847 $ 7,004 $ 6,960
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Ratio of earnings to fixed
charges 14.5x 9.9x 11.7x 7.4x 3.0x 2.6x
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Notes for explanations:
(1) One-third of rental expense is deemed representative of the interest factor.
