Attached files
Exhibit 12.1
Masimo Corporation
Ratio of Earnings to Fixed Charges
(dollars in thousands)
Three months ended April 2, 2011 |
Fiscal Year Ended | |||||||||||||||||||||||
January 1, 2011 |
January 2, 2010 |
January 3, 2009 |
December 29, 2007 |
December 31, 2006 |
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Ratio of earnings to fixed charges: |
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Income before provision for income taxes |
$ | 25,583 | $ | 107,569 | $ | 82,180 | $ | 72,391 | $ | 68,122 | $ | 314,403 | ||||||||||||
Fixed charges |
449 | 1,941 | 1,768 | 2,435 | 3,831 | 2,882 | ||||||||||||||||||
Noncontrolling interests in pre-tax income |
(266 | ) | (676 | ) | (1,159 | ) | | | | |||||||||||||||
Total earnings |
$ | 25,766 | $ | 108,834 | $ | 82,789 | $ | 74,826 | $ | 71,953 | $ | 317,285 | ||||||||||||
Fixed charges |
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Interest expensed |
$ | 3 | $ | 23 | $ | 75 | $ | 753 | $ | 2,475 | $ | 1,824 | ||||||||||||
Estimate of interest within rental expense |
446 | 1,918 | 1,693 | 1,682 | 1,356 | 1,058 | ||||||||||||||||||
Total fixed charges |
$ | 449 | $ | 1,941 | $ | 1,768 | $ | 2,435 | $ | 3,831 | $ | 2,882 | ||||||||||||
Ratio of earnings to fixed charges |
57.39 | 56.07 | 46.83 | 30.73 | 18.78 | 110.09 | ||||||||||||||||||
Ratio of earnings to fixed charges and preferred stock dividends: |
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Income before provision for income taxes |
$ | 25,583 | $ | 107,569 | $ | 82,180 | $ | 72,391 | $ | 68,122 | $ | 314,403 | ||||||||||||
Fixed charges and preferred stock dividends |
449 | 1,941 | 1,768 | 2,435 | 11,629 | 16,689 | ||||||||||||||||||
Noncontrolling interests in pre-tax income |
(266 | ) | (676 | ) | (1,159 | ) | | | | |||||||||||||||
Total earnings |
$ | 25,766 | $ | 108,834 | $ | 82,789 | $ | 74,826 | $ | 79,751 | $ | 331,092 | ||||||||||||
Fixed charges and preferred stock dividends |
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Interest expensed |
$ | 3 | $ | 23 | $ | 75 | $ | 753 | $ | 2,475 | $ | 1,824 | ||||||||||||
Estimate of interest within rental expense |
446 | 1,918 | 1,693 | 1,682 | 1,356 | 1,058 | ||||||||||||||||||
Preferred stock dividend requirement |
| | | | 7,798 | 13,807 | ||||||||||||||||||
Total fixed charges and preferred stock dividends |
$ | 449 | $ | 1,941 | $ | 1,768 | $ | 2,435 | $ | 11,629 | $ | 16,689 | ||||||||||||
Ratio of earnings to fixed charges and preferred stock dividends |
57.39 | 56.07 | 46.83 | 30.73 | 6.86 | 19.84 | ||||||||||||||||||