Exhibit 12
PSS WORLD MEDICAL, INC. AND SUBSIDIARIES
COMPUTATION OF CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES
FOR THE FISCAL YEARS ENDED MARCH 30, 2012, APRIL 1, 2011, APRIL 2, 2010, MARCH 27, 2009,
AND MARCH 28, 2008
(Dollars in Thousands)
| 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 20,148 | $ | 17,121 | $ | 17,295 | $ | 22,158 | $ | 12,495 | ||||||||||
Capitalized interest | 897 | 526 | 1,182 | 854 | 405 | |||||||||||||||
Interest component of rental expense | 7,224 | 7,405 | 15,207 | 13,207 | 12,315 | |||||||||||||||
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Fixed charges | $ | 28,279 | $ | 25,052 | $ | 33,684 | $ | 36,219 | $ | 25,215 | ||||||||||
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Earnings: | ||||||||||||||||||||
Income from continuing operations before provision for income taxes | $ | 115,465 | $ | 119,225 | $ | 110,130 | $ | 83,716 | $ | 87,732 | ||||||||||
Add: Fixed charges | 28,279 | 25,052 | 33,684 | 36,219 | 25,215 | |||||||||||||||
Less: Capitalized interest | (897 | ) | 526 | 1,182 | 854 | 405 | ||||||||||||||
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Total earnings | $ | 142,847 | $ | 143,751 | $ | 142,632 | $ | 119,081 | $ | 112,542 | ||||||||||
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Ratio of earnings to fixed charges: | ||||||||||||||||||||
Total earnings | $ | 142,847 | $ | 143,751 | $ | 142,632 | $ | 119,081 | $ | 112,542 | ||||||||||
Fixed charges | $ | 28,279 | $ | 25,052 | $ | 33,684 | $ | 36,219 | $ | 25,215 | ||||||||||
Ratio(a) | 5.1 | 5.7 | 4.2 | 3.3 | 4.5 | |||||||||||||||
| (a) | The consolidated ratios of earnings to fixed charges are calculated in accordance with Section 229.503 (d) of Regulation S-K. |