Attached files

file filename
EX-21.1 - SUBSIDIARIES OF EXELIXIS, INC - EXELIXIS, INC.exel20141231exhibit211.htm
EX-31.2 - CERTIFICATION REQUIRED BY RULE 13A-14(A) OR RULE 15D-14(A) - EXELIXIS, INC.exel20141231exhibit312.htm
EX-31.1 - CERTIFICATION REQUIRED BY RULE 13A-14(A) OR RULE 15D-14(A) - EXELIXIS, INC.exel20141231exhibit311.htm
EX-32.1 - CERTIFICATION BY THE CEO AND CFO AS REQUIRED BY RULE 13A-14(B) OR 15D-14(B) - EXELIXIS, INC.exel20141231exhibit321.htm
EXCEL - IDEA: XBRL DOCUMENT - EXELIXIS, INC.Financial_Report.xls
10-K - 10-K - EXELIXIS, INC.exel2014123110-k.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - EXELIXIS, INC.exel20141231exhibit231.htm



Exhibit 12.1

EXELIXIS, INC.
STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
Our earnings were insufficient to cover fixed charges for the years ended December 31, 2014, 2013, 2012 and 2010. The following table sets forth our ratio of earnings to fixed charges for the year ended December 31, 2011 and our deficiency of earnings to cover fixed charges for the years ended December 31, 2014, 2013, 2012 and 2010.
 
Year Ended December 31,
 
2014
 
2013
 
2012
 
2011
 
2010
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
48,607

 
$
45,347

 
$
27,088

 
$
16,259

 
$
9,340

Interest portion of rental expense
886

 
935

 
2,948

 
606

 
570

Total fixed charges
$
49,493

 
$
46,282

 
$
30,036

 
$
16,865

 
$
9,910

 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
Net income (loss) before income taxes
$
(268,542
)
 
$
(244,856
)
 
$
(147,538
)
 
$
76,992

 
$
(92,402
)
Fixed charges per above
49,493

 
46,282

 
30,036

 
16,865

 
9,910

Earnings
$
(219,049
)
 
$
(198,574
)
 
$
(117,502
)
 
$
93,857

 
$
(82,492
)
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
 
 
 
 
 
5.57

 
 
Deficiency of earnings available to cover fixed charges
$
(268,542
)
 
$
(244,856
)
 
$
(147,538
)
 
 
 
$
(92,402
)