1 EXHIBIT 12 CONMED Corporation Statement Showing Computations of Ratio of Earnings to Fixed Charges 1993 1994 1995 1996 1997 Net Income $ (1,396) $ 5,416 $ 10,863 $16,286 $ (7,065) Provision (benefit) for income taxes (719) 2,890 5,900 9,161 (3,640) --------------------------------------------------------------------- Income (loss) before income taxes (2,115) 8,306 16,763 25,447 (10,705) Interest (income) expense, net 214 628 1,991 217 (823) Income loss from operations (1,901) 8,934 18,754 25,664 (11,528) Portion of rentals deemed representative of interest factor 146 146 146 108 147 --------------------------------------------------------------------- Earnings before income taxes and fixed charges $(1,756) $ 9,080 $ 18,900 $25,772 $(11,381) ===================================================================== Fixed Charges interest expense $ 214 $ 628 $ 1,991 $ 217 $ -- Portion of rentals deemed representative of interest factor 146 146 146 108 147 --------------------------------------------------------------------- $ 360 $ 774 $ 2,137 $ 325 $ 147 =====================================================================