Attached files
file | filename |
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EX-10.2 - AMENDMENT TO EMPLOYEE OFFER LETTER - Zeltiq Aesthetics Inc | exhibit102q215.htm |
EX-10.1 - SECOND AMENDMENT TO BUILDING LEASE - Zeltiq Aesthetics Inc | exhibit101q215.htm |
EX-31.1 - CERTIFICATE OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO SECTION 302 - Zeltiq Aesthetics Inc | exhibit311q215.htm |
EX-32.1 - CERTIFICATE OF PEO AND PFO PURSUANT TO 18 U.S.C. SECTION 1350 - Zeltiq Aesthetics Inc | exhibit321q215.htm |
10-Q - 10-Q - Zeltiq Aesthetics Inc | zltq-063015x10q.htm |
EX-31.2 - CERTIFICATE OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO SECTION 302 - Zeltiq Aesthetics Inc | exhibit312q215.htm |
Exhibit 12.1
ZELTIQ Aesthetics, Inc.
Ratio of Earnings to Fixed Charges
The following table sets forth the calculation of the ratio of earnings to fixed charges for the periods indicated.
(In thousands)
Six Months Ended | Year Ended December 31, | ||||||||||||||||||||||||
June 30, 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
Earnings (loss), calculated as follows: | |||||||||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | (880 | ) | $ | 1,762 | $ | (19,165 | ) | $ | (30,002 | ) | $ | (9,555 | ) | $ | (13,533 | ) | ||||||||
Add: Fixed charges | 370 | 501 | 450 | 396 | 410 | 720 | |||||||||||||||||||
Total earnings (loss), as defined | (510 | ) | 2,263 | $ | (18,715 | ) | (29,606 | ) | (9,145 | ) | (12,813 | ) | |||||||||||||
Fixed Charges, calculated as follows: | |||||||||||||||||||||||||
Interest expensed | $ | 7 | $ | — | $ | — | $ | 2 | $ | 72 | $ | 449 | |||||||||||||
Amortized premiums, discounts and capitalized expenses related to indebtedness | — | — | — | — | 49 | 49 | |||||||||||||||||||
Estimate of interest within rental expense (1) | 363 | 501 | 450 | 394 | 289 | 222 | |||||||||||||||||||
Total fixed charges | $ | 370 | $ | 501 | $ | 450 | $ | 396 | $ | 410 | $ | 720 | |||||||||||||
Earnings (deficiency of earnings), as defined, to cover fixed charges | $ | (510 | ) | $ | 2,263 | $ | (18,715 | ) | $ | (29,606 | ) | $ | (9,145 | ) | $ | (12,813 | ) | ||||||||
Ratio of earnings to fixed charges (2) | — | 4.52 | — | — | — | — | — | — |
(1) Interest component of rental expense is estimated to equal 1/3 of all such expense, which management believes is a reasonable approximation of the interest factor.
(2) Due to the registrant's losses in 2010 through 2013 and for the six months ended June 30, 2015, the ratio information is not applicable.