Zeltiq Aesthetics Inc - FORM 10-K - EX-12.1 - RATIO OF EARNINGS TO FIXED CHARGES - March 1, 2017

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EX-23.1 - CONSENT OF PRICEWATERHOUSECOOPERS LLP - Zeltiq Aesthetics Incexhibit231pwcconsent.htm
10-K - 10-K - Zeltiq Aesthetics Inczltq-12312016x10k.htm
EX-32.1 - CERTIFICATE OF PEO AND PFO PURSUANT TO 18 U.S.C. SECTION 1350 - Zeltiq Aesthetics Incexhibit321q416.htm
EX-31.2 - CERTIFICATE OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO SECTION 302 - Zeltiq Aesthetics Incexhibit312q416.htm
EX-31.1 - CERTIFICATE OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO SECTION 302 - Zeltiq Aesthetics Incexhibit311q416.htm
EX-21.1 - LIST OF SUBSIDIARIES - Zeltiq Aesthetics Incexhibit211q416.htm
EX-10.60 - BUILDING LEASE - Zeltiq Aesthetics Incexhibit1060livermorelease.htm
EX-10.59 - BUILDING LEASE - Zeltiq Aesthetics Incexhibit1059dublinlease.htm
EX-10.58 - AMENDMENT TO EMPLOYEE OFFER LETTER - Zeltiq Aesthetics Incexhibit1058brenthauser.htm
EX-10.57 - EMPLOYEE OFFER LETTER - Zeltiq Aesthetics Incexhibit1057mikefitzgerald.htm
EX-10.56 - AMENDMENT TO EMPLOYEE OFFER LETTER - Zeltiq Aesthetics Incexhibit1056danikaharrison.htm
EX-10.55 - SEVERANCE AND CONSULTING AGREEMENT - Zeltiq Aesthetics Incexhibit1055keithsullivan.htm


Exhibit 12.1
ZELTIQ Aesthetics, Inc.
Ratio of Earnings to Fixed Charges
The following table sets forth the calculation of the ratio of earnings to fixed charges for the periods indicated.
(In thousands)

 
Year Ended December 31,
 
2016
 
2015
 
2014
 
2013
 
2012
 
2011
 
2010
Earnings (loss), calculated as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations before income taxes
$
14,778

 
$
3,332

 
$
1,762

 
$
(19,165
)
 
$
(30,002
)
 
$
(9,555
)
 
$
(13,533
)
Add: Fixed charges
999

 
828

 
501

 
450

 
396

 
410

 
720

Total earnings (loss), as defined
15,777

 
4,160

 
2,263

 
$
(18,715
)
 
(29,606
)
 
(9,145
)
 
(12,813
)
Fixed Charges, calculated as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expensed
$
8

 
$
14

 
$
—

 
$
—

 
$
2

 
$
72

 
$
449

Amortized premiums, discounts and capitalized expenses related to indebtedness
—

 
—

 
—

 
—

 
—

 
49

 
49

Estimate of interest within rental expense (1)
991

 
814

 
501

 
450

 
394

 
289

 
222

Total fixed charges
$
999

 
$
828

 
$
501

 
$
450

 
$
396

 
$
410

 
$
720

Earnings (deficiency of earnings), as defined, to cover fixed charges
$
15,777

 
$
4,160

 
$
2,263

 
$
(19,165
)
 
$
(30,002
)

$
(9,555
)

$
(13,533
)
Ratio of earnings to fixed charges (2)
15.79

 
5.02

 
4.52

 
—

 
—

—

—

—

—


(1) Interest component of rental expense is estimated to equal 1/3 of all such expense, which management believes is a reasonable approximation of the interest factor.

(2) Due to the registrant's losses in 2009 through 2013, the ratio information is not applicable.



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