EX-12.1 2 d882336dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

 

Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges and

Preferred Stock Dividends

 

     Year ended December 31,  
     2010     2011     2012     2013     2014  

Fixed charges:

          

Interest expense

   $ 94      $ 90      $ 86      $ 82      $ 108   

Estimate of interest expense within rental expense

     204        220        104        84        266   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

$ 298    $ 310    $ 190    $ 166    $ 374   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings before fixed charges:

Net loss before provision for income taxes

$ (32,177 ) $ (2,318 ) $ (121,287 ) $ (111,985 ) $ (135,789 )

Add fixed charges

  298      310      190      166      374   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings (loss) before fixed charges

$ (31,879 ) $ (2,008 ) $ (121,097 ) $ (111,819 ) $ (135,415
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings to cover fixed charges:

$ (32,177 ) $ (2,318 ) $ (121,287 ) $ (111,985 ) $ (135,789
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings before fixed charges and preferred stock dividends:

Net loss before provision for income taxes

$ (32,177 ) $ (2,318 ) $ (121,287 ) $ (111,985 ) $ (135,789

Add fixed charges

  298      310      190      166      374   

Add preferred stock dividends

  —       —       —       —       —    
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings (loss) before fixed charges and preferred stock dividends

$ (31,879 ) $ (2,008 ) $ (121,097 ) $ (111,819 ) $ (135,415
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings to cover fixed charges and preferred stock dividends:

$ (32,177 ) $ (2,318 ) $ (121,287 ) $ (111,985 ) $ (135,789