EX-12.1 4 a2077424zex-12_1.txt EXHIBIT 12.1 EXHIBIT 12.1 Veeco Instruments Inc. Ratio of Earnings to Fixed Charges ($ in thousands, except ratio data)
YEAR ENDED DECEMBER 31, ------------------------------------------------------------ 1997 1998 1999 2000 2001 ------------------------------------------------------------ FIXED CHARGES: Interest expense, including amortization of debt issue costs $1,892 $2,875 $3,002 $2,374 $2,584 Portion of rental expense deemed to represent interest 855 869 1,351 1,529 1,480 ------------------------------------------------------------ Total fixed charges $2,747 $3,744 $4,353 $3,903 $4,064 ============================================================ EARNINGS BEFORE FIXED CHARGES: Income before income taxes, discontinued operations and cumulative effect of change in accounting principle $38,279 $19,652 $40,404 $8,445 $20,902 Fixed charges 2,747 3,744 4,353 3,903 4,064 ------------------------------------------------------------ Total earnings before fixed charges $41,026 $23,396 $44,757 $12,348 $24,966 ============================================================ RATIO OF EARNINGS TO FIXED CHARGES 14.935x 6.249x 10.282x 3.164x 6.143x ============================================================