EX-12.1 7 a15-14260_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Computation of Ratio of Earnings to Fixed Charges

(amounts in thousands)

 

 

 

Years Ended December 31,

 

Three Months

 

 

 

Predecessor
2011

 

Predecessor
2012

 

2013

 

2014

 

Ended March 31,
2015

 

Net Loss

 

$

(3,325

)

$

(2,855

)

$

(2,636

)

$

(4,418

)

$

(448

)

Adjustment for equity investees

 

—

 

—

 

—

 

(95

)

(26

)

Net loss before adjustment for equity investees

 

(3,325

)

(2,855

)

(2,636

)

(4,513

)

(474

)

 

 

 

 

 

 

 

 

 

 

 

 

Plus fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest Expense

 

$

4,365

 

$

4,270

 

$

3,785

 

$

5,988

 

$

1,417

 

Amortization and write-off of debt issuance costs

 

255

 

268

 

510

 

919

 

293

 

Estimated interest portion of rental expense

 

6

 

6

 

6

 

361

 

129

 

Peferred distribution

 

—

 

—

 

—

 

—

 

66

 

Fixed Charges

 

4,626

 

4,544

 

4,301

 

7,268

 

1,905

 

Less:

 

 

 

 

 

 

 

 

 

 

 

Noncontrolling interest in pre-tax earnings of subsidiaries without fixed charges

 

—

 

—

 

—

 

—

 

—

 

Earnings

 

$

1,301

 

$

1,689

 

$

1,665

 

$

2,755

 

$

1,431

 

Ratio of Earnings to Fixed Charges

 

—

 

—

 

—

 

—

 

—