EX-12.1 6 v329292_ex12-1.htm EXHIBIT 12.1

 

Exhibit 12.1

 

COLFAX CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

 

   Year Ended December 31, 
   2012   2011   2010   2009   2008 
Earnings:                         
Income before income taxes  $48,439   $19,987   $27,688   $32,418   $5,996 
Plus: fixed charges   104,739    7,542    8,214    8,811    13,517 
Earnings available to cover fixed charges  $153,178   $27,529   $35,902   $41,229   $19,513 
                          
Fixed charges:                         
Interest expense, including amortization of deferred financing costs  $91,570   $5,919   $6,684   $7,212   $11,822 
Interest portion of rental payment   13,169    1,623    1,530    1,599    1,695 
Total fixed charges   104,739    7,542    8,214    8,811    13,517 
Dividends on preferred stock   18,951                3,492 
Total fixed charges and dividends on preferred stock  $123,690   $7,542   $8,214   $8,811   $17,009 
                          
Ratio of earnings to fixed charges   1.46x   3.65x   4.37x   4.68x   1.44x
Ratio of earnings to fixed charges and dividends on preferred stock   1.24x   3.65x   4.37x   4.68x   1.15x