EX-12.1 2 d545487dex121.htm EX-12.1

EX-12.1

Exhibit 12.1

TELEFLEX, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands, except ratios)

		Six Months Ended												Year Ended December 31,
		June 30, 2013				July 1, 2012				2012				2011				2010				2009				2008
Earnings:
Income (loss) from continuing operations before taxes before adjustment for income or loss from equity investees		$	84,851			$	(241,123	)		$	(165,369	)		$	145,100			$	104,590			$	159,824			$	81,914
Amortization of previously capitalized interest			—				—				—				—				—				9				35
Distributed income of equity investees			—				—				—				—				—				—				310
Capitalized interest			(393	)			—				(400	)			—				—				—				—
Non-controlling interest income			(395	)			(513	)			(955	)			(1,021	)			(861	)			(632	)			(441	)
		$	84,063			$	(241,636	)		$	(166,724	)		$	144,079			$	103,729			$	159,201			$	81,818
Fixed charges:
Interest expense		$	21,085			$	29,353			$	55,149			$	57,010			$	72,281			$	83,952			$	116,317
Amortization of debt expense			7,533				7,098				14,416				13,526				7,750				5,511				5,330
Capitalized interest			393				—				400				—				—				—				—
Interest factor in rents			4,401				4,047				8,071				9,977				10,477				11,624				12,134
Total fixed charges			33,412				40,498				78,036				80,513				90,508				101,087				133,781
Earnings and fixed charges		$	117,475			$	(201,138	)		$	(88,688	)		$	224,592			$	194,237			$	260,288			$	215,599
Ratio of earnings to fixed charges			3.5				(5.0	)			(1.1	)			2.8				2.1				2.6				1.6