EX-12.1 5 dp90438_ex1201.htm EXHIBIT 12.1

Exhibit 12.1

 

Charles River Laboratories International, Inc

Ratio of Earnings to Fixed Charges

 

  2017 2016 2015
       
Earnings/(Loss)      
(a) Consolidated income/(loss) from continuing operations before income taxes, and noncontrolling interests     296,955     222,921     195,428
(b) plus fixed charges       38,580       34,980       23,296
(c) plus amortization of capitalized interest            640            639            622
(d) plus distributed income of equity investees       10,100         6,302         7,329
(e) plus pre-tax losses of equity investees where charges from guarantees are included in fixed charges              -               -               - 
(f) minus income/(loss) from equity method affiliates       22,867       10,284         3,823
(g) minus Capitalized Interest              36                4            424
(h) minus Preference security dividend requirements of consolidated subsidiaries              -               -               - 
(i) minus noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges              -               -               - 
       
Total Earnings 323,372 254,554 222,428
       
Fixed Charges      
Interest Expensed and Capitalized       27,950       25,869       13,837
Amortization of DFC & debt discount         1,863         1,843         1,660
Interest within Rent Expense: Estim at 1/3 of rental expense         8,767         7,267         7,800
Total Fixed Charges 38,580  34,980  23,296 
       
Ratio of Earnings to Fixed Charges 8.38  7.28  9.55