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 29, 2013 | September 30, 2012 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Income (loss) from continuing operations before taxes before adjustment for income or loss from equity investees | $ | 135,839 | $ | (209,435 | ) | $ | (165,369 | ) | $ | 145,100 | $ | 104,590 | $ | 159,824 | $ | 81,914 | ||||||||||||
Amortization of previously capitalized interest | 20 | — | — | — | — | 9 | 35 | |||||||||||||||||||||
Distributed income of equity investees | — | — | — | — | — | — | 310 | |||||||||||||||||||||
Capitalized interest | (393 | ) | — | (400 | ) | — | — | — | — | |||||||||||||||||||
Non-controlling interest income | (629 | ) | (701 | ) | (955 | ) | (1,021 | ) | (861 | ) | (632 | ) | (441 | ) | ||||||||||||||
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| $ | 134,837 | $ | (210,136 | ) | $ | (166,724 | ) | $ | 144,079 | $ | 103,729 | $ | 159,201 | $ | 81,818 | |||||||||||||
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Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 31,338 | $ | 44,205 | $ | 55,149 | $ | 57,010 | $ | 72,281 | $ | 83,952 | $ | 116,317 | ||||||||||||||
Amortization of debt expense | 11,228 | 10,739 | 14,416 | 13,526 | 7,750 | 5,511 | 5,330 | |||||||||||||||||||||
Capitalized interest | 393 | — | 400 | — | — | — | — | |||||||||||||||||||||
Approximate portion of interest factor in rents | 6,544 | 5,743 | 8,071 | 9,977 | 10,477 | 11,624 | 12,134 | |||||||||||||||||||||
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Total fixed charges | 49,503 | 60,687 | 78,036 | 80,513 | 90,508 | 101,087 | 133,781 | |||||||||||||||||||||
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Earnings and fixed charges | $ | 184,340 | $ | (149,449 | ) | $ | (88,688 | ) | $ | 224,592 | $ | 194,237 | $ | 260,288 | $ | 215,599 | ||||||||||||
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Ratio of earnings to fixed charges | 3.7 | (2.5 | ) | (1.1 | ) | 2.8 | 2.1 | 2.6 | 1.6 | |||||||||||||||||||
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