PSS WORLD MEDICAL INC - FORM 10-K - EX-12 - COMPUTATION OF CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES - May 26, 2010

Attached files

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EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - PSS WORLD MEDICAL INCdex23.htm
EX-31.2 - RULE 13A-14(A) CERTIFICATION OF THE CHIEF FINANCIAL OFFICER - PSS WORLD MEDICAL INCdex312.htm
EX-32.2 - SECTION 1350 CERTIFICATION OF THE CHIEF FINANCIAL OFFICER. - PSS WORLD MEDICAL INCdex322.htm
EX-31.1 - RULE 13A-14(A) CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER - PSS WORLD MEDICAL INCdex311.htm
EX-32.1 - SECTION 1350 CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER - PSS WORLD MEDICAL INCdex321.htm
EX-10.32 - SEPARATION AGREEMENT, DATED AS OF FEBRUARY 2, 2010 - PSS WORLD MEDICAL INCdex1032.htm
10-K - FORM 10-K - PSS WORLD MEDICAL INCd10k.htm
EX-21 - LIST OF SUBSIDIARIES OF PSS WORLD MEDICAL, INC - PSS WORLD MEDICAL INCdex21.htm

Exhibit 12

PSS WORLD MEDICAL, INC. AND SUBSIDIARIES

COMPUTATION OF CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES

FOR THE FISCAL YEARS ENDED April 2, 2010, March 27, 2009, March 28, 2008, March 30, 2007,

AND March 31, 2006

(Dollars in Thousands)

 

     2010    2009    2008    2007    2006

Fixed charges:

               

Interest expense

    $ 17,295    $ 22,158    $ 12,495    $ 10,597    $ 10,539

Capitalized interest

      1,182      854      405      520      1,089

Interest component of rental expense

      15,207      13,207      12,315      14,407      12,838
                                  

Fixed charges

    $ 33,684    $ 36,219    $ 25,215    $ 25,524    $ 24,466
                                  

Earnings:

               

Income from continuing operations before provision for income taxes

    $ 110,130    $ 83,716    $ 87,732    $ 74,965    $ 65,347

Add: Fixed charges

      33,684      36,219      25,215      25,524      24,466

Less: Capitalized interest

      1,182      854      405      520      1,089
                                  

Total earnings

    $ 142,632    $ 119,081    $ 112,542    $ 99,969    $ 88,724
                                  

Ratio of earnings to fixed charges:

               

Total earnings

    $ 142,632    $ 119,081    $ 112,542    $ 99,969    $ 88,724

Fixed charges

    $ 33,684    $ 36,219    $ 25,215    $ 25,524    $ 24,466

Ratio(a)

      4.2      3.3      4.5      3.9      3.6

 

(a) The consolidated ratios of earnings to fixed charges are calculated in accordance with Section 229.503 (d) of Regulation S-K.

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