Attached files

file filename
EX-10.31 - AMENDMENT NO.1 TO THE NOVEMBER 1, 2009 LEASE AGREEMENT, 40 PARKER - MASIMO CORPmasi-20160102x10kex1031.htm
EX-32.1 - EXHIBIT 32.1 - MASIMO CORPmasi-20160102x10kex321.htm
EX-10.44 - SETTLEMENT AGREEMENT, DATED NOVEMBER 16, 2015, MASIMO CORP AND MINDRAY INTL, LTD - MASIMO CORPmasi-20160102x10kex1044.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - MASIMO CORPmasi-2016x0102x10kex231.htm
EX-31.1 - EXHIBIT 31.1 - MASIMO CORPmasi-20160102x10kex311.htm
EX-10.48 - THIRD AMENDMENT TO JUNE 22, 2012 LEASE AGREEMENT, 9600 JERONIMO - MASIMO CORPmasi-2016010210kex1048.htm
EX-10.46 - FIRST AMENDMENT TO JUNE 22, 2012 LEASE AGREEMENT, 9600 JERONIMO - MASIMO CORPmasi-2016010210kex1046.htm
EX-10.45 - LEASE AGREEMENT, DATED JULY 15,2012, 9600 JERONIMO - MASIMO CORPmasi-2016010210kex1045.htm
EX-31.2 - EXHIBIT 31.2 - MASIMO CORPmasi-20160102x10kex312.htm
EX-21.1 - LIST OF SUBSIDIARIES - MASIMO CORPmasi-20160102x10kex211.htm
10-K - 10-K - MASIMO CORPmasi-20160102x10k.htm
EX-10.43 - AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF JANUARY 8, 2016, JP MORGAN - MASIMO CORPmasi-20160102x10kex1043.htm
EX-10.32 - AMENDMENT NO. 2 TO THE NOVEMBER 1, 2009 LEASE AGREEMENT, 40 PARKER - MASIMO CORPmasi-20160102x10kex1032.htm


Exhibit 12.1

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

 
 
Fiscal Year Ended
 
 
January 2,
2016
 
January 3,
2015
 
December 28,
2013
 
December 29,
2012
 
December 31,
2011
Ratio of earnings to fixed charges:
 
 
 
 
 
 
 
 
 
Income before provision for income taxes
$
116,345

 
$
102,041

 
$
75,726

 
$
83,821

 
$
86,531

Fixed charges
5,524

 
3,381

 
2,705

 
2,514

 
1,910

Noncontrolling interests in pre-tax (income) loss
1,757

 
2,350

 
607

 
744

 
(58
)
Total earnings
$
123,626

 
$
107,772

 
$
79,038

 
$
87,079

 
$
88,383

Fixed charges
 
 
 
 
 
 
 
 
 
Interest expensed
$
3,493

 
$
594

 
28

 
$
44

 
$
116

Estimated of interest within rental expense
2,030

 
2,787

 
2,677

 
2,470

 
1,794

Total fixed charges
$
5,523

 
$
3,381

 
$
2,705

 
$
2,514

 
$
1,910

Ratio of earnings to fixed charges
22.38

 
31.88

 
29.22

 
34.64

 
46.27


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.