EX-12.1 7 a2016exhibit121.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit


EXHIBIT 12.1
 
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
PerkinElmer, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
 
 
Fiscal Year Ended 
 
January 1,
2017
 
January 3,
2016
 
December 28,
2014
 
December 29,
2013
 
December 30,
2012
 
(In thousands, except for ratio)
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense and amortization of debt premiums and discounts on all indebtedness
$
38,616

 
$
35,010

 
$
33,097

 
$
44,066

 
$
43,702

Interest on rental expense
10,400

 
10,480

 
10,560

 
10,080

 
11,700

Total fixed charges
49,016

 
45,490

 
43,657

 
54,146

 
55,402

Earnings:
 

 
 

 
 

 
 

 
 

Income from continuing operations before income taxes
244,068

 
208,807

 
123,868

 
116,681

 
3,538

Earnings available to cover fixed charges
$
293,084

 
$
254,297

 
$
167,525

 
$
170,827

 
$
58,940

Ratio of earnings to fixed charges
6.0

 
5.6

 
3.8

 
3.2

 
1.1

Deficiency in earnings required to cover fixed charges
$
—

 
$
—

 
$
—

 
$
—

 
$
—