EX-12.1 4 a18-29054_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratios)

 

 

 

For the Six
Months
Ended June 30,

 

For the Years Ended December 31,

 

 

 

2018

 

2017

 

2016

 

2015

 

2014

 

2013

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Expense (including amortization of debt expense and discounts)

 

$

17,730

 

$

35,844

 

$

34,499

 

$

32,518

 

$

31,546

 

$

18,906

 

Total Fixed Charges

 

$

17,730

 

$

35,844

 

$

34,499

 

$

32,518

 

$

31,546

 

$

18,906

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings available for fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations before income taxes

 

$

(23,211

)

$

(30,509

)

$

23,372

 

$

(93,104

)

$

(83,276

)

$

(174,849

)

Plus: Fixed Charges

 

17,730

 

35,844

 

34,499

 

32,518

 

31,546

 

18,906

 

Total earnings available for fixed charges

 

$

(5,481

)

$

5,335

 

$

57,871

 

$

(60,586

)

$

(51,730

)

$

(155,943

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

(0.31

)

0.15

 

1.68

 

(1.86

)

(1.64

)

(8.25

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deficiency of Earnings Available to Cover Fixed Charges

 

$

23,211

 

$

30,509

 

n/a

 

$

93,104

 

$

83,276

 

$

174,849