EX-12.1 4 dex121.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement of Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

Goodman Global, Inc.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

     Predecessor     Successor  
     Year Ended December 31,     January 1 to
February 13,
    February 14 to
December 31,
    Year Ended
December 31,
 
     2005     2006     2007     2008     2008     2009  

Earnings:

              

Income (loss) from continuing operations before income taxes

   $ 40,697      $ 98,355      $ 161,556      $ (93,857   $ 41,889      $ 160,648   

Fixed charges

     78,450        83,531        74,024        57,283        140,820        141,129   

Capitalized Interest

     (879     (1,347     (385     —          (202     (761
                                                

Total adjustments

     77,571        82,184        73,639        57,283        140,618        140,368   
                                                

Earnings adjusted for fixed charges

   $ 118,268      $ 180,539      $ 235,195      $ (36,574   $ 182,507      $ 301,016   
                                                

Fixed charges:

              

Interest expense

   $ 74,213      $ 77,825      $ 68,378      $ 56,176      $ 135,616      $ 134,767   

Capitalized Interest

     879        1,347        385        —          202        761   

Portion of rent expense representative of interest

     3,358        4,359        5,261        1,107        5,002        5,601   
                                                

Total fixed charges

   $ 78,450      $ 83,531      $ 74,024      $ 57,283      $ 140,820      $ 141,129   
                                                

Ratio of earnings to fixed charges

     1.5        2.2        3.2        —   (1)          1.3        2.1   
                                                

 

(1) For the period January 1 to February 13, 2008, earnings were not adequate to cover fixed charges by $93.9 million.