Exhibit 12.1
TELEFLEX, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
| Nine Months Ended | Year Ended December 31, | |||||||||||||||||||||||||||
| September 30, 2012 | September 25, 2011 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Income (loss) from continuing operations before taxes before adjustment for income or loss from equity investees | $ | (209,435 | ) | $ | 100,653 | $ | 145,100 | $ | 104,590 | $ | 159,824 | $ | 81,914 | $ | 19,107 | |||||||||||||
Amortization of capitalized interest | — | — | — | — | 9 | 35 | 35 | |||||||||||||||||||||
Distributed income of equity investees | — | — | — | — | — | 310 | 134 | |||||||||||||||||||||
Non-controlling interest income | (701 | ) | (770 | ) | (1,021 | ) | (861 | ) | (632 | ) | (441 | ) | (127 | ) | ||||||||||||||
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| $ | (210,136 | ) | $ | 99,883 | $ | 144,079 | $ | 103,729 | $ | 159,201 | $ | 81,818 | $ | 19,149 | ||||||||||||||
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Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 44,205 | $ | 41,044 | $ | 57,010 | $ | 72,281 | $ | 83,952 | $ | 116,317 | $ | 67,930 | ||||||||||||||
Amortization of debt expense | 10,739 | 10,064 | 13,526 | 7,750 | 5,511 | 5,330 | 6,946 | |||||||||||||||||||||
Interest factor in rents | 5,743 | 7,403 | 9,977 | 10,477 | 11,624 | 12,134 | 13,393 | |||||||||||||||||||||
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Total fixed charges | 60,687 | 58,511 | 80,513 | 90,508 | 101,087 | 133,781 | 88,269 | |||||||||||||||||||||
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Earnings and fixed charges | $ | (149,449 | ) | $ | 158,394 | $ | 224,592 | $ | 194,237 | $ | 260,288 | $ | 215,599 | $ | 107,418 | |||||||||||||
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Ratio of earnings to fixed charges | (2.5 | ) | 2.7 | 2.8 | 2.1 | 2.6 | 1.6 | 1.2 | ||||||||||||||||||||
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