Attached files

file filename
EX-32.2 - EX-32.2 - Ultra Clean Holdings, Inc.uctt-ex322_8.htm
EX-32.1 - EX-32.1 - Ultra Clean Holdings, Inc.uctt-ex321_6.htm
EX-31.2 - EX-31.2 - Ultra Clean Holdings, Inc.uctt-ex312_10.htm
EX-31.1 - EX-31.1 - Ultra Clean Holdings, Inc.uctt-ex311_9.htm
EX-23.1 - EX-23.1 - Ultra Clean Holdings, Inc.uctt-ex231_11.htm
EX-21.1 - EX-21.1 - Ultra Clean Holdings, Inc.uctt-ex211_12.htm
EX-10.3 - EX-10.3 - Ultra Clean Holdings, Inc.uctt-ex103_240.htm
10-K - 10-K - Ultra Clean Holdings, Inc.uctt-10k_20171229.htm

Exhibit 12.1

Ultra Clean Holdings, Inc.

Computation of Consolidated Ratio of Earnings to Fixed Charges

(in thousands, except ratio data)

 

 

 

Fiscal Year ended

 

 

 

December 27,

2013

 

 

December 26,

2014

 

 

December 25,

2015

 

 

December 30,

2016

 

 

December 29,

2017

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before provision for income taxes

 

$

12,599

 

 

$

16,330

 

 

$

3,607

 

 

$

18,947

 

 

$

86,942

 

Add: Fixed charges

 

 

4,422

 

 

 

4,187

 

 

 

5,526

 

 

 

4,862

 

 

 

4,617

 

Total Earnings

 

$

17,021

 

 

$

20,517

 

 

$

9,133

 

 

$

23,809

 

 

$

91,559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

2,665

 

 

$

2,432

 

 

$

3,157

 

 

$

2,657

 

 

$

2,198

 

Interest factor on operating leases(1)

 

 

1,757

 

 

 

1,755

 

 

 

2,369

 

 

 

2,205

 

 

 

2,419

 

Total Fixed Charges

 

$

4,422

 

 

$

4,187

 

 

$

5,526

 

 

$

4,862

 

 

$

4,617

 

Ratio of Earnings to Fixed Charges

 

3.8x

 

 

4.9x

 

 

1.7x

 

 

4.9x

 

 

19.8x

 

 

(1)

Represents the portion of rental expense from operating leases that is estimated by us to be representative of interest.