EX-12.1 4 a2017exhibit121.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. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
 
 
Fiscal Year Ended 
 
December 31,
2017
 
January 1,
2017
 
January 3,
2016
 
December 28,
2014
 
December 29,
2013
 
(In thousands, except for ratio)
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense and amortization of debt premiums and discounts on all indebtedness
$
41,142

 
$
38,616

 
$
35,010

 
$
33,097

 
$
44,066

Interest on rental expense
10,800

 
10,400

 
10,480

 
10,560

 
10,080

Total fixed charges
51,942

 
49,016

 
45,490

 
43,657

 
54,146

Earnings:
 

 
 

 
 

 
 

 
 

Income from continuing operations before income taxes
296,718

 
244,068

 
208,807

 
123,868

 
116,681

Earnings available to cover fixed charges
$
348,660

 
$
293,084

 
$
254,297

 
$
167,525

 
$
170,827

Ratio of earnings to fixed charges
6.7

 
6.0

 
5.6

 
3.8

 
3.2

Deficiency in earnings required to cover fixed charges
$
—

 
$
—

 
$
—

 
$
—

 
$
—