EX-12.1 8 a2068746zex-12_1.txt EXHIBIT 12.1 EXHIBIT 12.1 Veeco Instruments Inc. Ratio of Earnings to Fixed Charges ($ in thousands, except ratio data)
NINE MONTHS ENDED YEAR ENDED DECEMBER 31, SEPTEMBER 30, ------------------------------------------------------------------ 1996 1997 1998 1999 2000 2001 ------------------------------------------------------------------ FIXED CHARGES: Interest expense, including amortization of debt issue costs $ 1,108 $1,892 $2,875 $3,002 $2,374 $1,324 Portion of rental expense deemed to represent interest 631 855 869 1,351 1,529 1,037 ------------------------------------------------------------------ Total fixed charges $ 1,739 $2,747 $3,744 $4,353 $3,903 $2,361 ================================================================== EARNINGS BEFORE FIXED CHARGES: Income before income taxes, discontinued operations and cumulative effect of change in accounting principle $37,913 $38,279 $19,652 $40,404 $8,445 $41,208 Fixed charges 1,739 2,747 3,744 4,353 3,903 2,361 ------------------------------------------------------------------ Total earnings before fixed charges $39,652 $41,026 $23,396 $44,757 $12,348 $43,569 ================================================================== RATIO OF EARNINGS TO FIXED CHARGES 22.802X 4.935x 6.249x 10.282x 3.164x 18.454x ==================================================================