Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - KLA CORP | Financial_Report.xls |
| EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - KLA CORP | exhibit31106302014.htm |
| EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - KLA CORP | exhibit31206302014.htm |
| EX-10.21 - AMENDED AND RESTATED 1997 EMPLOYEE STOCK PURCHASE PLAN (EFFECTIVE MAY 8, 2014) - KLA CORP | exhibit102106302014.htm |
| EX-21.1 - LIST OF SUBSIDIARIES - KLA CORP | exhibit21106302014.htm |
| 10-K - 10-K - KLA CORP | klac10k2014.htm |
| EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - KLA CORP | exhibit23106302014.htm |
| EX-32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER - KLA CORP | exhibit3206302014.htm |
Exhibit 12.1
KLA-Tencor Corporation
Computation of Ratio of Earnings to Fixed Charges
Fiscal year ended June 30, | |||||||||||||||||||
(In thousands, except ratios) | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||
Earnings (losses): | |||||||||||||||||||
Income before income taxes | $ | 734,461 | $ | 690,621 | $ | 974,094 | $ | 1,110,066 | $ | 291,181 | |||||||||
Add back fixed charges: | |||||||||||||||||||
Interest expense | 53,812 | 54,176 | 54,197 | 54,328 | 54,517 | ||||||||||||||
Amortization of bond issuance costs | 735 | 735 | 735 | 735 | 735 | ||||||||||||||
Interest portion of rental expense | 2,915 | 3,081 | 3,008 | 2,834 | 3,687 | ||||||||||||||
Total adjusted earnings | $ | 791,923 | $ | 748,613 | $ | 1,032,034 | $ | 1,167,963 | $ | 350,120 | |||||||||
Fixed charges: | |||||||||||||||||||
Interest expense | $ | 53,812 | $ | 54,176 | $ | 54,197 | $ | 54,328 | $ | 54,517 | |||||||||
Amortization of bond issuance costs | 735 | 735 | 735 | 735 | 735 | ||||||||||||||
Interest portion of rental expense | 2,915 | 3,081 | 3,008 | 2,834 | 3,687 | ||||||||||||||
Total fixed charges | $ | 57,462 | $ | 57,992 | $ | 57,940 | $ | 57,897 | $ | 58,939 | |||||||||
Ratio of earnings to fixed charges | 13.8 | 12.9 | 17.8 | 20.2 | 5.9 | ||||||||||||||
For purposes of calculating the ratio of earnings to fixed charges, earnings is the amount resulting from adding earnings before income taxes, plus fixed charges. Fixed charges for these purposes include interest expense, amortization of bond issuance costs, and one-third of rental expense, which KLA-Tencor considers to be a reasonable approximation of the interest factor included in rental expense.