EX-12.1 8 b79208exv12w1.htm EX-12.1 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12w1
Exhibit 12.1
ALTRA HOLDINGS, INC.
RATIO OF EARNINGS TO FIXED CHARGES
                                                         
                                                    Predecessor  
    9 Months ended     Year-ended     Year-ended     Year-ended     Year-ended     From Inception     11 Months Ended  
    9/26/09     12/31/08     12/31/07     12/31/06     12/31/05     Dec. 1 - 31, 2004     11/30/04  
Net income (loss)
    300       6,494       11,511       10,363       4,444       (5,762 )     6,895  
Adjustments to net income (loss):
                                                       
(Gain) loss from discontinued operations
    0       (224 )     2,001                          
Interest expense
    18,879       28,339       38,554       23,522       17,065       1,410       4,294  
Interest component of operating rental expense
    328       437       356       528       344       56       440  
Income taxes
    (143 )     16,731       8,208       6,352       3,917       (221 )     5,532  
     
Earnings
    19,364       51,777       60,630       40,765       25,770       (4,517 )     17,161  
 
                                                       
Fixed charges:
                                                       
Interest expense, net
    18,879       28,339       38,554       23,522       17,065       1,410       4,294  
Interest component of operating rental expense (see calculation below)
    328       437       356       528       344       56       440  
 
                                                       
Total fixed charges
    19,207       28,776       38,910       24,050       17,409       1,466       4,734  
 
                                                       
Ratio (1) (2)
    1.01       1.80       1.56       1.70       1.48             3.63  
 
( 1 )     For purposes of calculating the ratio of earnings to fixed charges, earnings represent income before income taxes, discontinued operations, cumulative effect of change in accounting principle charges and fixed charges. Fixed charges represent interest expense and a portion of rental expense which we believe is representative of the interest component of rental expense.
 
( 2 )     Earnings were insufficient to cover fixed charges in the period December 1 to December 31, 2004 by $6.0 million.