EX-12.1 2 ex-121062814.htm STATEMENT OF RATIO OF INCOME TO FIXED CHARGEES EX-12.1 062814


EXHIBIT 12.1

MAXIM INTEGRATED PRODUCTS, INC.
Statement of Ratio of Income to Fixed Charges
(Dollar amounts in millions)
 
 
Years ended
 
 
June 28
2014
 
June 29
2013
 
June 30
2012
 
June 25
2011
 
June 26
2010
Income before provision for income taxes
 
$
409.2

 
$
570.3

 
$
532.7

 
$
661.7

 
$
300.1

 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
Interest portion of rental expense
 
$
0.5

 
$
0.5

 
$
0.9

 
$
0.6

 
$
0.4

Interest expense
 
27.0

 
16.4

 
13.1

 
11.1

 
0.4

Amortized premiums, discounts and capitalized expenses related to the debt
 
2.0

 
1.1

 
0.7

 
0.7

 
—

Total fixed charges
 
$
29.5

 
$
18.0

 
$
14.7

 
$
12.4

 
$
0.8

 
 
 
 
 
 
 
 
 
 
 
Ratio of income to fixed charges
 
15x
 
33x
 
37x
 
54x
 
371x