Attached files

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EXCEL - IDEA: XBRL DOCUMENT - MASIMO CORPFinancial_Report.xls
EX-32.1 - EX-32.1 - MASIMO CORPd504376dex321.htm
EX-31.2 - EX-31.2 - MASIMO CORPd504376dex312.htm
EX-31.1 - EX-31.1 - MASIMO CORPd504376dex311.htm
10-Q - FORM 10-Q - MASIMO CORPd504376d10q.htm

Exhibit 12.1

Masimo Corporation

Ratio of Earnings to Fixed Charges

(dollars in thousands)

 

     Three months
ended
March 30, 2013
     Fiscal Year Ended  
      December 29,
2012
     December 31,
2011
    January 1,
2011
    January 2,
2010
    January 3,
2009
 

Ratio of earnings to fixed charges:

              

Income before provision for income taxes

   $ 20,815       $ 83,821       $ 86,531      $ 107,569      $ 82,180      $ 72,391   

Fixed charges

     662         2,514         1,910        1,941        1,768        2,435   

Noncontrolling interests’ pre-tax (income) loss

     338         744         (58     (676     (1,159     —     
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings

   $ 21,815       $ 87,079       $ 88,383      $ 108,834      $ 82,789      $ 74,826   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Fixed charges

              

Interest expensed

   $ 22       $ 44       $ 116      $ 23      $ 75      $ 753   

Estimate of interest within rental expense

     640         2,470         1,794        1,918        1,693        1,682   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

   $ 662       $ 2,514       $ 1,910      $ 1,941      $ 1,768      $ 2,435   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     32.95         34.64         46.27        56.07        46.83        30.73   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

In the periods presented, there were no shares of preferred stock outstanding and no dividends paid on preferred stock. Therefore, the ratios of earnings to fixed charges and preferred stock dividends are not different from the ratios of earnings to fixed charges.