Exhibit 12.1
FLIR Systems, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratio data)
| Six Months Ended June 30, 2011 | Year Ended December 31, | |||||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
Earnings From Continuing Operations | ||||||||||||||||||||||||
Before Income Taxes | 119,162 | 362,939 | 340,393 | 290,318 | 186,074 | 127,832 | ||||||||||||||||||
Add: Fixed Charges (1) | 1,472 | 5,554 | 8,905 | 16,501 | 17,009 | 15,229 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Earnings (2) | 120,634 | 368,493 | 349,298 | 306,819 | 203,083 | 143,061 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Fixed Charges (1) | 1,472 | 5,554 | 8,905 | 16,501 | 17,009 | 15,229 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Ratio of Earnings to Fixed Charges | 82.0x | 66.3x | 39.2x | 18.6x | 11.9x | 9.4x | ||||||||||||||||||
| (1) | Fixed charges consist of interest expense and our estimate of an appropriate portion of rentals representative of the interest factor. The estimate of interest within rental expense is estimated to be twenty percent of rental expense. |
| (2) | Earnings consist of earnings from continuing operations before income taxes plus fixed charges. |
