Exhibit 12.1
Omnicell Inc.,
Computation of Ratios of Earnings to Fixed Charges
(in thousands of dollars, except ratios)
|
|
|
Nine Months |
|
Year Ended December 31, |
| ||||||||
|
|
|
2017 |
|
2016 |
|
2015 |
|
2014 |
|
2013 |
|
2012 |
|
|
Fixed charges |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expensed and capitalized |
|
4,647 |
|
5,551 |
|
— |
|
— |
|
— |
|
— |
|
|
Capitalized expenses related to indebtedness |
|
1,192 |
|
1,590 |
|
— |
|
— |
|
— |
|
— |
|
|
Interest within rental expenses |
|
362 |
|
448 |
|
481 |
|
106 |
|
122 |
|
28 |
|
|
Total fixed charges |
|
6,201 |
|
7,589 |
|
481 |
|
106 |
|
122 |
|
28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pre-tax income from continuing operations |
|
(14,917 |
) |
(1,947 |
) |
46,244 |
|
48,504 |
|
35,029 |
|
27,075 |
|
|
Add: total fixed charges |
|
6,201 |
|
7,589 |
|
481 |
|
106 |
|
122 |
|
28 |
|
|
Deduct: interest capitalized |
|
(76 |
) |
(282 |
) |
— |
|
— |
|
— |
|
— |
|
|
Total earnings |
|
(8,792 |
) |
5,359 |
|
46,724 |
|
48,611 |
|
35,151 |
|
27,104 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
* |
|
* |
|
97.18 |
|
458.10 |
|
287.86 |
|
951.01 |
|
* For the nine month ended September 30, 2017 and fiscal year ended December 31, 2016, our earnings were insufficient to cover fixed charges and the deficiency of earnings were $2.2 million and $15.0 million, respectively.