Exhibit 12.1
TELEFLEX, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
| Three Months Ended | Year Ended December 31, | |||||||||||||||||||||||||||
| April 1, 2012 | March 27, 2011 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Income (loss) from continuing operations before taxes before adjustment for income or loss from equity investees | $ | (288,128 | ) | $ | 19,027 | $ | 148,703 | $ | 107,692 | $ | 163,565 | $ | 89,774 | $ | 23,533 | |||||||||||||
Amortization of capitalized interest | — | — | — | — | 9 | 35 | 35 | |||||||||||||||||||||
Distributed income of equity investees | — | — | — | — | — | 310 | 134 | |||||||||||||||||||||
Non-controlling interest income | (227 | ) | (223 | ) | (1,021 | ) | (861 | ) | (632 | ) | (441 | ) | (127 | ) | ||||||||||||||
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| $ | (288,355 | ) | $ | 18,804 | $ | 147,682 | $ | 106,831 | $ | 162,942 | $ | 89,678 | $ | 23,575 | ||||||||||||||
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Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 14,681 | $ | 12,846 | $ | 57,010 | $ | 72,281 | $ | 83,952 | $ | 116,317 | $ | 67,930 | ||||||||||||||
Amortization of debt expense | 3,530 | 3,300 | 13,526 | 7,750 | 5,511 | 5,330 | 6,946 | |||||||||||||||||||||
Interest factor in rents | 1,960 | 2,547 | 9,977 | 10,477 | 11,624 | 12,134 | 13,393 | |||||||||||||||||||||
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Total fixed charges | 20,171 | 18,693 | 80,513 | 90,508 | 101,087 | 133,781 | 88,269 | |||||||||||||||||||||
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Earnings and fixed charges | $ | (268,184 | ) | $ | 37,497 | $ | 228,195 | $ | 197,339 | $ | 264,029 | $ | 223,459 | $ | 111,844 | |||||||||||||
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Ratio of earnings to fixed charges | (13.3 | ) | 2.0 | 2.8 | 2.2 | 2.6 | 1.7 | 1.3 | ||||||||||||||||||||
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