Attached files

file filename
EX-31.1 - EXHIBIT 31.1 - EXELIXIS, INC.exel20160331exhibit311.htm
EX-10.4 - EXHIBIT 10.4 - EXELIXIS, INC.exel20160331exhibit104.htm
EX-31.2 - EXHIBIT 31.2 - EXELIXIS, INC.exel20160331exhibit312.htm
EX-32.1 - EXHIBIT 32.1 - EXELIXIS, INC.exel20160331exhibit321.htm
EX-10.3 - EXHIBIT 10.3 - EXELIXIS, INC.exel20160331exhibit103.htm
10-Q - 10-Q - EXELIXIS, INC.exel2016033110-q.htm


Exhibit 12.1

EXELIXIS, INC.
STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
Our earnings were insufficient to cover fixed charges for the periods presented. The following table sets forth our our deficiency of earnings to cover fixed charges.
 
Three Months Ended March 31,
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
2013
 
2012
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
12,414

 
$
48,673

 
$
48,607

 
$
45,347

 
$
27,088

Interest portion of rental expense
168

 
755

 
886

 
935

 
2,948

Total fixed charges
$
12,582

 
$
49,428

 
$
49,493

 
$
46,282

 
$
30,036

Earnings:
 
 
 
 
 
 
 
 
 
Net loss before income taxes
$
(61,347
)
 
$
(169,682
)
 
$
(268,724
)
 
$
(244,856
)
 
$
(147,538
)
Fixed charges per above
12,582

 
49,428

 
49,493

 
46,282

 
30,036

Earnings
$
(48,765
)
 
$
(48,178
)
 
$
(219,049
)
 
$
(198,574
)
 
$
(117,502
)
Deficiency of earnings available to cover fixed charges
$
(61,347
)
 
$
(97,606
)
 
$
(268,724
)
 
$
(244,856
)
 
$
(147,538
)