EX-12.1 3 a2153749zex-12_1.htm EXHIBIT 12.1
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Exhibit 12.1


Ratio of Earning to Fixed Charges
CryoLife - S-3
(in thousands)

 
   1999
   2000
   2001
   2002
   2003
   2004
  
"Earnings" per Item 503(d) Reg S-K                          
Pretax Income (loss)   6,501   11,633   13,480   (41,434 ) (29,226 ) (21,766 )
Fixed Charges:                          
  Interest Exp   387   299   96   692   415   196  
  Capitalized Interest   —   —   818   —   —   —  
  Interest within Rental Expense   476   450   761   834   869   847  
   
 
 
 
 
 
 
    Total Fixed Charges   863   749   1,675   1,526   1,284   1,043  
Amort.of Capitalized Interest   —   —   12   58   58   58  
   
 
 
 
 
 
 
  Total "Earnings"   7,364   12,382   15,167   (39,850 ) (27,884 ) (20,665 )
  Less Capitalized Interest   —   —   (818 ) —   —   —  
   
 
 
 
 
 
 
    Adjusted "Earnings"   7,364   12,382   14,349   (39,850 ) (27,884 ) (20,665 )
   
 
 
 
 
 
 

Ratio of Earnings to Fixed Charges
 
8.53
 
16.53
 
8.57
 
NM
 
NM
 
NM
 

Deficiency
 
N/A
 
N/A
 
N/A
 
(41,376
)
(29,168
)
(21,708
)



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Ratio of Earning to Fixed Charges CryoLife - S-3 (in thousands)