Exhibit 12 QUANTUM CORPORATION STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Year Ended March 31, ------------------- 2001 2000 1999 1998 1997 -------- -------- -------- -------- -------- (In thousands) Income (loss) from continuing operations before income taxes.. $261,635 $267,351 $264,318 $366,654 $179,100 Add fixed charges............................................. 23,325 22,645 21,655 23,835 30,680 -------- -------- -------- -------- -------- Earnings (as defined).................................... $284,960 $289,996 $285,973 $390,489 $209,780 ======== ======== ======== ======== ======== Fixed charges Interest expense......................................... $ 17,658 $ 18,978 $ 18,322 $ 21,835 $ 28,347 Amortization of debt issuance costs...................... (i) (i) (i (i) (i) Estimated interest component of rent expenses............ 5,667 3,667 3,333 2,000 2,333 -------- -------- -------- -------- -------- Total fixed charges........................................... $ 23,325 $ 22,645 $ 21,655 $ 23,835 $ 30,680 ======== ======== ======== ======== ======== Ratio of earnings to fixed charges 12.2 12.8 13.2 16.4 6.8 ======== ======== ======== ======== ========
(i) In 1997, 1998, 1999, 2000 and 2001, the amortization of debt issuance costs is included in interest expense.