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Previous: SOLA INTERNATIONAL INC, 10-K, EX-10.8, 2000-06-15 |
Next: SOLA INTERNATIONAL INC, 10-K, EX-21.1, 2000-06-15 |
<PAGE>
EXHIBIT 12.1
SOLA INTERNATIONAL INC.
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
(Unaudited)
<TABLE>
<CAPTION>
Year Ended March 31,
-------------------------------------------
2000 1999 1998
---- ---- ----
<S> <C> <C> <C>
Fixed charges:
Interest expense........................................... $20,282 $18,015 $16,988
Interest capitalized during period......................... -- 167 666
Amortization of financing costs............................ 478 457 429
Interest portion of rental expense......................... 2,605 2,391 2,607
------- ------- -------
Total fixed charges......................................... $23,365 $21,030 $20,690
======= ======= =======
Earnings:
Income from continuing operations before
income taxes............................................. $ 1,065 $20,192 $75,952
Fixed charges per above..................................... 23,365 21,030 20,690
Less interest capitalized during the period................. -- (167) (666)
Current period amortization of interest capitalized
in prior periods......................................... 60 27 --
------- ------- -------
Earnings as adjusted........................................ $24,490 $41,082 $95,976
======= ======= =======
Ratio of earnings to fixed charges.......................... 1.05 1.95 4.64
======= ======= =======
</TABLE>
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