EX-12.1 8 d475184dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

Calculation of Consolidated Ratios of Earnings to Fixed Charges

 

     9/30/2017     12/31/2016     12/31/2015     12/31/2014     12/31/2013     12/31/2012  

Fixed Charges:

            

Interest expense on indebtedness

   $ 2,035     $ 2,716       10,365     $ 9,717       6,408       466  

Noncash interest expense and other

     3,297       19,733       8,404       8,510       4,530       88  

Interest expense on portion of rent expense representative of interest

     1,099       1,554       1,428       1,140       1,822       1,439  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total Fixed Charges

     6,431       24,003       20,197       19,367       12,760       1,993  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings (loss):

            

Net income (loss) before benefit for income taxes

     (96,457     (169,508     (162,834     (47,083     (97,917     (66,920

Fixed charges per above

     6,431       24,003       20,197       19,367       12,760       1,993  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings (loss)

     (90,026     (145,505     (142,637     (27,716     (85,157     (64,927
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     N/A       N/A       N/A       N/A       N/A       N/A  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings available to cover fixed charges

     (96,457     (169,508     (162,834     (47,083     (97,917     (66,920