EX-12.1 5 ex-121q415.htm STATEMENT OF RATIO OF INCOME TO FIXED CHARGES Exhibit


EXHIBIT 12.1

MAXIM INTEGRATED PRODUCTS, INC.
Statement of Ratio of Income to Fixed Charges
(Dollar amounts in millions)
 
 
Years ended
 
 
June 27
2015
 
June 28
2014
 
June 29
2013
 
June 30
2012
 
June 25
2011
Income before provision for income taxes
 
246.2

 
409.2

 
570.3

 
532.7

 
661.7

 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
Interest portion of rental expense
 
0.5

 
0.5

 
0.5

 
0.9

 
0.6

Interest expense
 
32.5

 
27.0

 
16.4

 
13.1

 
11.1

Amortized premiums, discounts and capitalized expenses related to the debt
 
2.4

 
2

 
1.1

 
0.7

 
0.7

Total fixed charges
 
$
35.4

 
$
29.5

 
$
18.0

 
$
14.7

 
$
12.4

 
 
 
 
 
 
 
 
 
 
 
Ratio of income to fixed charges
 
8x
 
15x
 
33x
 
37x
 
54x