EX-12.1 3 a75671a1ex12-1.txt EXHIBIT 12.1 EXHIBIT 12.1 VIASAT, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (in thousands, except ratio data)
Six months ended For the years ended March 31, September 30, ---------------------------------------------------------------- ------------ 1997 1998 1999 2000 2001 2001 -------- -------- -------- -------- -------- ------------ Fixed Charges : Interest $ 254 $ 211 $ 250 $ 157 $ 78 $ 97 Interest portion of rental expense (1) 268 389 468 653 1,324 769 -------- -------- -------- -------- -------- -------- $ 522 $ 600 $ 718 $ 810 $ 1,402 $ 866 ======== ======== ======== ======== ======== ======== Earnings: Pretax income $ 4,874 $ 8,391 $ 10,179 $ 12,377 $ 13,687 $ 4,654 Adjustment for subsidiary interest 76 90 Loss from equity investee 558 1,440 Plus fixed charges 522 600 718 810 1,402 866 -------- -------- -------- -------- -------- -------- $ 5,396 $ 8,991 $ 10,897 $ 13,187 $ 15,723 $ 7,050 ======== ======== ======== ======== ======== ======== Ratio of earnings to fixed charges 10.34 14.99 15.18 16.28 11.21 8.14 ======== ======== ======== ======== ======== ========
(1) Percent of interest in rental expense included in the calculation is a reasonable approximation of the interest factor.