EXHIBIT 12 CONMED Corporation Statement Showing Computations of Ratio of Earnings to Fixed Charges 1995 1996 1997 1998 1999 -------- -------- -------- -------- -------- Income (loss) before income taxes and extraordinary item ........... $ 16,763 $ 25,447 $(10,705) $ 30,276 $ 42,436 Interest expense ................... 1,991 217 -- 30,891 32,360 Portion of rentals representative of interest factor ............... 146 108 147 875 978 -------- -------- -------- -------- -------- Total earnings available for fixed charges ....................... $ 18,900 $ 25,772 $(10,558) $ 62,042 75,774 ======== ======== ======== ======== ======== Interest expense ................... $ 1,991 $ 217 $ -- $ 30,891 $ 32,360 Portion of rentals representative of interest factor ................ 146 108 147 875 978 -------- -------- -------- -------- -------- Total fixed charges ................ $ 2,137 $ 325 $ 147 $ 31,766 33,338 ======== ======== ======== ======== ======== Ratio of earnings to fixed charges . 8.84 79.30 (A) 1.95 2.27 ======== ======== ======== ======== ======== (A) As a result of the loss incurred in 1997, the Company was unable to fully cover the indicated fixed charges.