Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - IPG PHOTONICS CORP | Financial_Report.xls |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - IPG PHOTONICS CORP | d390979dex312.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - IPG PHOTONICS CORP | d390979dex311.htm |
| 10-Q - FORM 10-Q - IPG PHOTONICS CORP | d390979d10q.htm |
| EX-32 - SECTION 906 CEO AND CFO CERTIFICATION - IPG PHOTONICS CORP | d390979dex32.htm |
Exhibit 12.1
STATEMENT RE COMPUTATION OF EARNINGS TO FIXED CHARGES
| Six Months Ended June 30, |
Year Ended December 31, | |||||||||||||||||||||||
| (In thousands, except ratios) | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
| Ratio of Earnings to Fixed Charges |
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| Earnings: |
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| Income before income taxes |
$ | 100,922 | $ | 174,584 | $ | 79,252 | $ | 7,769 | $ | 56,564 | $ | 47,610 | ||||||||||||
| Add: |
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| Amortization of capitalized interest |
40 | 38 | 36 | 35 | 32 | 19 | ||||||||||||||||||
| Fixed charges, net of capitalized interest |
635 | 1,403 | 1,749 | 1,966 | 2,151 | 2,060 | ||||||||||||||||||
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| Income before income taxes and fixed charges, net |
$ | 101,597 | $ | 176,025 | $ | 81,037 | $ | 9,770 | $ | 58,747 | $ | 49,689 | ||||||||||||
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| Fixed Charges: |
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| Total interest expense |
$ | 468 | $ | 1,141 | $ | 1,508 | $ | 1,695 | $ | 1,669 | $ | 1,630 | ||||||||||||
| Capitalized interest |
70 | 46 | 18 | 75 | 390 | 186 | ||||||||||||||||||
| Interest factor in rents |
167 | 262 | 241 | 271 | 482 | 430 | ||||||||||||||||||
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| Total fixed charges |
$ | 705 | $ | 1,449 | $ | 1,767 | $ | 2,041 | $ | 2,541 | $ | 2,246 | ||||||||||||
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| Ratio of earnings to fixed charges |
144.1 | x | 121.4 | x | 45.9 | x | 4.8 | x | 23.1 | x | 22.1 | x | ||||||||||||