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EX-31.2 - EXHIBIT 31.2 - MASIMO CORPmasi-20150704x10qex312.htm
EX-31.1 - EXHIBIT 31.1 - MASIMO CORPmasi-20150704x10qex311.htm
EX-32.1 - EXHIBIT 32.1 - MASIMO CORPmasi-20150704x10qex321.htm
10-Q - 10-Q - MASIMO CORPmasi-20150704x10q.htm
EX-21.1 - LIST OF SUBSIDIARIES - MASIMO CORPmasi-20150704x10qex211.htm


Exhibit 12.1

Masimo Corporation
Ratio of Earnings to Fixed Charges
(dollars in thousands)

 
 
Six Months Ended
 
Fiscal Year Ended
 
 
July 4,
2015
 
January 3,
2015
 
December 28,
2013
 
December 29,
2012
 
December 31,
2011
 
January 1,
2011
Ratio of earnings to fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Income before provision for income taxes
$
54,246

 
$
102,041

 
$
75,726

 
$
83,821

 
$
86,531

 
$
107,569

Fixed charges
2,270

 
3,381

 
2,705

 
2,514

 
1,910

 
1,941

Noncontrolling interests in pre-tax (income) loss
1,356

 
2,350

 
607

 
744

 
(58
)
 
(676
)
Total earnings
$
57,872

 
$
107,772

 
$
79,038

 
$
87,079

 
$
88,383

 
$
108,834

Fixed charges
 
 
 
 
 
 
 
 
 
 
 
Interest expensed
$
1,044

 
$
594

 
$
28

 
44

 
$
116

 
$
23

Estimated of interest within rental expense
1,226

 
2,787

 
2,677

 
2,470

 
1,794

 
1,918

Total fixed charges
$
2,270

 
$
3,381

 
$
2,705

 
$
2,514

 
$
1,910

 
$
1,941

Ratio of earnings to fixed charges
25.49

 
31.88

 
29.22

 
34.64

 
46.27

 
56.07


In the periods presented, there were no shares of preferred stock outstanding and no dividends paid on preferred stock. Therefore, the ratios of earnings to fixed charges and preferred stock dividends are not different from the ratios of earnings to fixed charges.