EX-12 2 a57120exv12.htm EX-12 exv12
EXHIBIT 12
SKYWORKS SOLUTIONS, INC.
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands)
                                         
    2010     2009 (1)     2008 (1)     2007 (1)     2006 (1)  
Income (loss) before provision (benefit) for taxes on income
   $ 195,074     $ 69,756     $ 82,188     $ 38,773     $ (89,824 )
Add — Fixed charges net of capitalized interest
     6,796       10,955       19,186       27,012       30,014  
 
                              
Income (loss) before taxes and fixed charges (net of capitalized interest)
     201,870       80,711       101,374       65,786       (59,810 )
 
                              
 
                                        
Fixed charges:
                                        
Interest
     4,121       7,409       14,571       21,876       24,936  
Amortization of debt issuance costs
     125       881       1,753       2,311       1,993  
Estimated interest component of rental expense
     2,550       2,665       2,862       2,834       3,085  
 
                              
Total
     6,796       10,955       19,186       27,021       30,014  
 
                              
 
                                        
Ratio of earnings before taxes and fixed charges, to fixed charges
     29.7       7.4       5.3       2.4       (2 )
 
                              
 
(1)   Effective October 3, 2009, the Company adopted ASC 470-20 — Debt, Debt with Conversions and Other Options (“ASC 470-20”) in accordance with GAAP. The Company’s financial statements and the accompanying footnotes for all prior periods presented have been adjusted to reflect the retrospective adoption of this new accounting principle. See Note 9 to the Consolidated Financial Statements for further discussion.
     
(2)   As a result of losses incurred in fiscal year 2006, the Company was unable to fully cover fixed charges. The amount of such deficiency during this period was approximately $60 million.