EXHIBIT 12
SKYWORKS SOLUTIONS, INC.
RATIO OF EARNINGS TO FIXED CHARGES
RATIO OF EARNINGS TO FIXED CHARGES
2005 | 2004 | 2003 | 2002 | 2001 | ||||||||||||||||
Income (loss) before provision (benefit) for taxes on income | $ | 40,989 | $ | 26,396 | $ | (53,625 | ) | $ | (255,653 | ) | $ | (317,305 | ) | |||||||
Add — Fixed charges net of capitalized Interest | 17,874 | 21,221 | 24,868 | 6,587 | 1,617 | |||||||||||||||
Income before taxes and fixed charges (net of capitalized interest) | 58,863 | 47,617 | (28,757 | ) | (249,066 | ) | (315,688 | ) | ||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest | 13,001 | 15,771 | 19,467 | 4,227 | — | |||||||||||||||
Amortization of debt issuance costs | 1,596 | 2,176 | 1,936 | — | — | |||||||||||||||
Estimated interest component of rental expense | 3,277 | 3,274 | 3,465 | 2,360 | 1,617 | |||||||||||||||
Total | 17,874 | 21,221 | 24,868 | 6,587 | 1,617 | |||||||||||||||
Ratio of earnings before taxes and fixed charges, to fixed charges | 3.3 | 2.2 | (1 | ) | (2 | ) | (3 | ) | ||||||||||||
(1) | As a result of losses incurred in fiscal 2003, the Company was unable to fully cover fixed charges. The amount of such deficiency during this period was approximately $54 million | |
(2) | As a result of the loss incurred in fiscal 2002, the Company was unable to fully cover fixed charges. The amount of such deficiency during fiscal 2002 was approximately $256 million | |
(3) | As a result of the loss incurred in fiscal 2001, the Company was unable to fully cover fixed charges. The amount of such deficiency during fiscal 2001 was Approximately $317 million |