EX-12.1 12 w78777exv12w1.htm EX-12.1 exv12w1
EXHIBIT 12.1
 
Alion Science and Technology
Computation of Ratio of Earnings to Fixed Charges
 
                                                 
          Six Months Ended
 		 
    Years Ended September 30,     March 31,  
Actual Data
  2005     2006     2007     2008     2009     2010  
    (Amounts in thousands)  
 
Fixed Charges
                                               
Cash interest expense
  $ 9,328     $ 19,349     $ 33,609     $ 49,909     $ 52,022     $ 28,666  
Amortization of capitalized expenses related to indebtedness
    3,897       2,591       3,182       2,912       5,067       2,378  
                                                 
Total fixed charges
  $ 13,225     $ 21,940     $ 36,791     $ 52,821     $ 57,089     $ 31,044  
Earnings
                                               
Pre-tax earnings (loss)
  $ (40,172 )   $ (31,089 )   $ (42,780 )   $ (25,334 )   $ (17,041 )   $ 35,000  
Fixed charges
    13,225       21,940       36,791       52,821       57,089       31,044  
                                                 
Earnings before fixed charges
  $ (26,947 )   $ (9,149 )   $ (5,989 )   $ 27,487     $ 40,048     $ 66,043  
 
                                             
  
Ratio of earnings to fixed charges
    N/A
(a 		)     N/A
(a 		)     N/A
(a 		)     0.52
(b 		)     0.70
(b 		)     2.13
  
 
 
(a)   Earnings for fiscal 2005, 2006 and 2007 were inadequate to cover fixed charges in those years by $26.9 million, $9.1 million, $6.0 million.
  
(b)   Although the fixed charge coverage ratios for fiscal years 2008 and 2009 were positive, earnings were inadequate to cover fixed charges by $25.3 million in 2008 and by $17.0 million in 2009.