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Luminex Corp – ‘S-3ASR’ on 6/16/08 – EX-12.1

On:  Monday, 6/16/08, at 5:42pm ET   ·   Effective:  6/16/08   ·   Accession #:  950144-8-4854   ·   File #:  333-151691

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 6/16/08  Luminex Corp                      S-3ASR      6/16/08    7:702K                                   Bowne of Atlanta Inc/FA

Automatic Shelf Registration Statement for Securities of a Well-Known Seasoned Issuer   —   Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3ASR      Luminex Corporation                                 HTML    220K 
 2: EX-4.4      EX-4.4 Form of Indenture                            HTML    358K 
 3: EX-5.1      EX-5.1 Opinion of Bass, Berry & Sims Plc            HTML     23K 
 4: EX-12.1     EX-12.1 Statement of Computation of Consolidated    HTML     20K 
                          Ratio of Earnings to Fixed Charges                     
 5: EX-23.1     EX-23.1 Consent of Independent Registered Public    HTML      8K 
                          Accounting Firm                                        
 6: EX-23.2     EX-23.2 Consent of Independent Registered Public    HTML      8K 
                          Accounting Firm                                        
 7: EX-25.1     EX-25.1 Statement of Eligibility of Trustee on      HTML     34K 
                          Form T-1 With Respect to Debt Securities               


EX-12.1   —   EX-12.1 Statement of Computation of Consolidated Ratio of Earnings to Fixed Charges


This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  Ex-12.1  

Exhibit 12.1
LUMINEX CORPORATION, INC. AND SUBSIDIARIES
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES AND
EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK

(dollars in thousands)
                                                 
            Fiscal Year Ended December 31,  
    Three Months Ended                                
    March 31, 2008     2007     2006     2005     2004     2003  
Computation of earnings:
                                               
Consolidated pretax (loss) income from continuing operations
  $ (1,083 )   $ (2,421 )   $ 1,527     $ (2,644 )   $ (3,592 )   $ (4,909 )
Fixed charges
    87       625             20             25  
 
                                   
Earnings
  $ (996 )   $ (1,796 )   $ 1,527     $ (2,624 )   $ (3,592 )   $ (4,884 )
 
                                   
 
                                               
Computation of fixed charges:
                                               
Interest
  $ 50     $ 330           $ 20     $     $ 25  
Net amortization of debt premium
    36       295                          
Interest portion of rental expense
                                   
 
                                   
Fixed charges
  $ 87     $ 625     $     $ 20           $ 25  
 
                                   
 
                                               
Consolidated ratio of earnings to fixed charges(1)
                45,339.5                    
 
                                               
Consolidated ratio of earnings to combined fixed charges and preferred security dividends(1)(2)
                45,339.5                    
 
(1)   For purposes of computing the ratio of earnings to fixed charges and the ratio of our combined fixed charges and preferred dividends to earnings, earnings consist of consolidated pretax income from continuing operations plus fixed charges. Fixed charges consist of interest expense, net amortization of debt premium, and the interest portion of rental expense. Earnings were insufficient to cover fixed charges by $4.9 million in 2003, $3.6 million in 2004, $2.6 million in 2005, $1.8 million in 2007, and $996,000 in the three months ended March 31, 2008. For the years ended December 31, 2003, 2004, 2005 and 2007, and the three months ended March 31, 2008 set forth in the table above, we had no earnings and are therefore unable to calculate the ratio of combined fixed charges and preference dividends to earnings.
 
(2)   During each of these periods, the company had no preferred stock outstanding.


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-3ASR’ Filing    Date    Other Filings
Filed on / Effective on:6/16/08424B5
3/31/0810-Q
12/31/0710-K
12/31/0510-K
12/31/0410-K
12/31/0310-K
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Filing Submission 0000950144-08-004854   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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