Attached files
Exhibit 12.1
Kendle International Inc.
RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, | ||||||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Earnings (in thousands): |
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Pre-tax income from continuing operations |
889 | 29,528 | 38,288 | 26,495 | 9,040 | |||||||||||||||
Fixed Charges |
17,635 | 20,589 | 21,466 | 26,548 | 10,469 | |||||||||||||||
Total earnings (deficiency) |
18,524 | 50,117 | 59,754 | 53,043 | 19,509 | |||||||||||||||
Fixed Charges (in thousands): |
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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 |
1.05 | 2.43 | 2.78 | 2.00 | 1.86 | |||||||||||||||