EX-12.1 7 a2233696zex-12_1.htm EX-12.1

Exhibit 12.1

 

Omnicell Inc.,

Computation of Ratios of Earnings to Fixed Charges

(in thousands of dollars, except ratios)

 

 

 

Nine Months
Ended
September 30,

 

Year Ended December 31,

 

 

 

2017

 

2016

 

2015

 

2014

 

2013

 

2012

 

Fixed charges

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expensed and capitalized

 

4,647

 

5,551

 

—

 

—

 

—

 

—

 

Capitalized expenses related to indebtedness

 

1,192

 

1,590

 

—

 

—

 

—

 

—

 

Interest within rental expenses

 

362

 

448

 

481

 

106

 

122

 

28

 

Total fixed charges

 

6,201

 

7,589

 

481

 

106

 

122

 

28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income from continuing operations

 

(14,917

)

(1,947

)

46,244

 

48,504

 

35,029

 

27,075

 

Add: total fixed charges

 

6,201

 

7,589

 

481

 

106

 

122

 

28

 

Deduct: interest capitalized

 

(76

)

(282

)

—

 

—

 

—

 

—

 

Total earnings

 

(8,792

)

5,359

 

46,724

 

48,611

 

35,151

 

27,104

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

*

 

*

 

97.18

 

458.10

 

287.86

 

951.01

 

 

* For the nine month ended September 30, 2017 and fiscal year ended December 31, 2016, our earnings were insufficient to cover fixed charges and the deficiency of earnings were $2.2 million and $15.0 million, respectively.