KENDLE INTERNATIONAL INC - FORM 10-K - EX-12.1 - March 16, 2011

Attached files

file filename
10-K - FORM 10-K - KENDLE INTERNATIONAL INCl41811e10vk.htm
EX-31.1 - EX-31.1 - KENDLE INTERNATIONAL INCl41811exv31w1.htm
EX-32.2 - EX-32.2 - KENDLE INTERNATIONAL INCl41811exv32w2.htm
EX-23.1 - EX-23.1 - KENDLE INTERNATIONAL INCl41811exv23w1.htm
EX-32.1 - EX-32.1 - KENDLE INTERNATIONAL INCl41811exv32w1.htm
EX-31.2 - EX-31.2 - KENDLE INTERNATIONAL INCl41811exv31w2.htm
EX-10.18 - EX-10.18 - KENDLE INTERNATIONAL INCl41811exv10w18.htm
EX-21 - EX-21 - KENDLE INTERNATIONAL INCl41811exv21.htm
EX-24 - EX-24 - KENDLE INTERNATIONAL INCl41811exv24.htm
Exhibit 12.1
Kendle International Inc.
RATIO OF EARNINGS TO FIXED CHARGES
                                         
    Year Ended December 31,
    2010   2009   2008   2007   2006
             
Earnings (in thousands):
                                        
Pre-tax income from continuing operations
     (5,233 )     28,671       39,652       27,765       13,373  
Fixed Charges
     17,635       20,589       21,466       26,548       10,469  
             
Total earnings (deficiency)
     12,402       49,260       61,118       54,313       23,842  
             
 
                                        
Fixed Charges (in thousands):
                                        
Interest expense
     10,419       13,130       13,417       15,889       6,781  
Amortization of expenses related to indebtedness
     1,530       1,273       2,474       5,810       355  
Interest component of rent expense
     5,686       6,186       5,575       4,849       3,333  
             
Total Fixed Charges
     17,635       20,589       21,466       26,548       10,469  
             
 
                                        
Ratio of earnings to fixed charges
     0.70       2.39       2.85       2.05       2.28  
             

 

KENDLE INTERNATIONAL INC Reports