Attached files
EXHIBIT 12.1
MAXIM INTEGRATED PRODUCTS, INC.
Statement of Ratio of Income to Fixed Charges
(Dollar amounts in millions)
Years ended | ||||||||||||||||||||
June 25, 2016 | June 27, 2015 | June 28, 2014 | June 29, 2013 | June 30, 2012 | ||||||||||||||||
Income before provision for income taxes | $ | 285.1 | $ | 246.2 | $ | 409.2 | $ | 570.3 | $ | 532.7 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest portion of rental expense | $ | 0.5 | $ | 0.5 | $ | 0.5 | $ | 0.5 | $ | 0.9 | ||||||||||
Interest expense | 32.7 | 32.5 | 27.0 | 16.4 | 13.1 | |||||||||||||||
Amortized premiums, discounts and capitalized expenses related to the debt | 2.4 | 2.4 | 2.0 | 1.1 | 0.7 | |||||||||||||||
Total fixed charges | $ | 35.6 | $ | 35.4 | $ | 29.5 | $ | 18.0 | $ | 14.7 | ||||||||||
Ratio of income to fixed charges | 9x | 8x | 15x | 33x | 37x | |||||||||||||||