EX-12.1 7 exhibit121calculationofrat.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1

Brooks Automation, Inc.
Calculation of Ratio of Earnings to Fixed Charges

 
 
 
Six Months
Ended
 
Fiscal Year Ended September 30,
 
 
 
March 31, 2016
 
2015
2014
2013
2012
2011
Income (loss) from continuing operations
 
 
 
 
 
 
 
 
 
before income taxes, noncontrolling interests
 
 
 
 
 
 
 
 
 
and equity in earnings in joint ventures
 
$
(14,606
)
 
$
17,815

$
(1,695
)
$
(14,541
)
$
11,420

$
127,576

Add:
 
 
 
 
 
 
 
 
 
Fixed charges
 
890

 
2,318

2,682

1,649

1,605

1,685

 
 
 
$
(13,716
)
 
$
20,133

$
987

$
(12,892
)
$
13,025

$
129,261

Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
 
$
19

 
$
395

$
202

$
2

$
14

$
65

 
Portion of rents representative of interest factors
 
871

 
1,923

2,480

1,647

1,591

1,620

 
 
 
$
890

 
$
2,318

$
2,682

$
1,649

$
1,605

$
1,685

Ratio of earnings to fixed charges
 
 (a)

 
8.7

 (a)

 (a)

8.1

76.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a)
Due to the registrant's loss in the six months ended March 31, 2016 and the fiscal years ended September 30, 2014 and 2013, the ratio coverage was less than 1:1. The registrant would have needed to generate additional earnings of $14.6 million in the six months ended March 31, 2016 and $1.7 million and $14.5 million in the fiscal years ended September 30, 2014 and 2013, respectively, in order to cover the deficiency.