Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - KENDLE INTERNATIONAL INC | l39024e10vk.htm |
| EX-21 - EX-21 - KENDLE INTERNATIONAL INC | l39024exv21.htm |
| EX-24 - EX-24 - KENDLE INTERNATIONAL INC | l39024exv24.htm |
| EX-23.1 - EX-23.1 - KENDLE INTERNATIONAL INC | l39024exv23w1.htm |
| EX-31.1 - EX-31.1 - KENDLE INTERNATIONAL INC | l39024exv31w1.htm |
| EX-32.1 - EX-32.1 - KENDLE INTERNATIONAL INC | l39024exv32w1.htm |
| EX-32.2 - EX-32.2 - KENDLE INTERNATIONAL INC | l39024exv32w2.htm |
| EX-31.2 - EX-31.2 - KENDLE INTERNATIONAL INC | l39024exv31w2.htm |
| EX-10.16 - EX-10.16 - KENDLE INTERNATIONAL INC | l39024exv10w16.htm |
| EX-10.14 - EX-10.14 - KENDLE INTERNATIONAL INC | l39024exv10w14.htm |
| EX-10.15 - EX-10.15 - KENDLE INTERNATIONAL INC | l39024exv10w15.htm |
Exhibit 12.1
Kendle International Inc.
RATIO OF EARNINGS TO FIXED CHARGES
Kendle International Inc.
RATIO OF EARNINGS TO FIXED CHARGES
| Year Ended December 31, | ||||||||||||||||||||
| 2009 | 2008 (1) | 2007 (1) | 2006 | 2005 | ||||||||||||||||
Earnings (in thousands): |
||||||||||||||||||||
Pre-tax income from continuing operations |
28,671 | 39,652 | 27,765 | 13,373 | 17,815 | |||||||||||||||
Fixed charges |
20,589 | 21,466 | 26,548 | 10,469 | 3,009 | |||||||||||||||
Total earnings |
49,260 | 61,118 | 54,313 | 23,842 | 20,824 | |||||||||||||||
Fixed Charges (in thousands): |
||||||||||||||||||||
Interest expense |
13,130 | 13,417 | 15,889 | 6,781 | 460 | |||||||||||||||
Amortization of expenses related to indebtedness |
1,273 | 2,474 | 5,810 | 355 | 41 | |||||||||||||||
Interest component of rent expense |
6,186 | 5,575 | 4,849 | 3,333 | 2,508 | |||||||||||||||
Total fixed charges |
20,589 | 21,466 | 26,548 | 10,469 | 3,009 | |||||||||||||||
Ratio of earnings to fixed charges |
2.39 | 2.85 | 2.05 | 2.28 | 6.92 | |||||||||||||||
| (1) | As adjusted due to the implementation of accounting guidance related to convertible debt. See Note 2: Accounting Changes |