EX-12.1 3 d327065dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES OF THE COMPANY Computation of Ratio of Earnings to Fixed Charges of the Company

Exhibit 12.1

DAWSON GEOPHYSICAL COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

     Three Months
Ended
December 31,		      Fiscal Years Ended September 30,  
     2011      2011     2010     2009      2008      2007  

Pretax income from continuing operations

    $ 3,095       $ (2,807 )    $ (13,990 )    $ 17,715       $ 56,407       $ 44,458   

Fixed charges and amortization of capitalized interest

      150         167        —          —           482         145   

Capitalized interest

      —           —          —          —           —           —     

Earnings

    $ 3,245       $ (2,640 )    $ (13,990 )    $ 17,715       $ 56,889       $ 44,603   

Interest expensed and capitalized

    $ 150         167        —          —           482         145   

Amortized premiums

      —           —          —          —           —           —     

Portion of rent representative of interest

      —           —          —          —           —           —     

Total fixed charges:

    $ 150         167        —          —           482         145   

Ratio of earnings to fixed charges:

      21.63x         (A )      N/A        N/A         118.03x         307.61x   

 

(A) For the year ended September 30, 2011, earnings were less than fixed charges. The amount of the coverage deficiency, or the amount of fixed charges in excess of earnings, was approximately $2,807,000.