EX-12.1 4 b79208a2exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
ALTRA HOLDINGS, INC.
RATIO OF EARNINGS TO FIXED CHARGES
                                                         
    3 Months ended   3 Months ended   Year-ended   Year-ended   Year-ended   Year-ended   Year-ended
    4/3/2010   3/31/2009   12/31/09   12/31/08   12/31/07   12/31/06   12/31/05
Net income (loss)
  5,739 1,418   (2,314 )     6,494       11,511       10,363       4,444  
Adjustments to net income (loss):
                                       
(Gain) loss from discontinued operations
            (224 )     2,001              
Interest expense
  4,940 6,349   32,976       28,339       38,554       23,522       17,065  
Interest component of operating rental expense
  96 110   288       437       356       528       344  
Income taxes
  2,632 883   (2,314 )     16,731       8,208       6,352       3,917  
     
Earnings
  13,407 8,760   28,636       51,777       60,630       40,765       25,770  
 
                                       
Fixed charges:
                                       
Interest expense, net
  4,940 6,349   32,976       28,339       38,554       23,522       17,065  
Interest component of operating rental expense (see calculation below)
  96 110   288       437       356       528       344  
 
                                       
Total fixed charges
  5,036 6,459   33,264       28,776       38,910       24,050       17,409  
 
                                       
Ratio (1) (2)
  2.66 1.36         1.80       1.56       1.70       1.48  
 
( 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 year ended December 31, 2009 by $4.6 million.