Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - ACTIVANT SOLUTIONS INC /DE/ | d70368e10vk.htm |
| EX-31.2 - EX-31.2 - ACTIVANT SOLUTIONS INC /DE/ | d70368exv31w2.htm |
| EX-32.2 - EX-32.2 - ACTIVANT SOLUTIONS INC /DE/ | d70368exv32w2.htm |
| EX-21.1 - EX-21.1 - ACTIVANT SOLUTIONS INC /DE/ | d70368exv21w1.htm |
| EX-31.1 - EX-31.1 - ACTIVANT SOLUTIONS INC /DE/ | d70368exv31w1.htm |
| EX-32.1 - EX-32.1 - ACTIVANT SOLUTIONS INC /DE/ | d70368exv32w1.htm |
| EX-10.16 - EX-10.16 - ACTIVANT SOLUTIONS INC /DE/ | d70368exv10w16.htm |
| EX-10.15 - EX-10.15 - ACTIVANT SOLUTIONS INC /DE/ | d70368exv10w15.htm |
Exhibit 12.1
RATIO OF EARNINGS TO FIXED CHARGES
| Year Ended September 30, | ||||||||||||
| (in thousands) | 2009 | 2008 | 2007 | |||||||||
Pretax income (loss) |
$ | (73,285 | ) | $ | 8,425 | $ | 14,910 | |||||
Fixed charges included in pretax income (loss) |
43,893 | 52,250 | 49,386 | |||||||||
Earnings |
$ | (29,392 | ) | $ | 60,675 | $ | 64,296 | |||||
Fixed charges: |
||||||||||||
Interest expense |
$ | 40,977 | $ | 51,196 | $ | 48,398 | ||||||
Interest expense in rental expense |
1,059 | 1,054 | 988 | |||||||||
Write-off of deferred finance charges |
1,857 | — | — | |||||||||
Total fixed charges |
$ | 43,893 | $ | 52,250 | $ | 49,386 | ||||||
Ratio of
earnings to fixed charges |
(0.7 | ) | 1.2 | 1.3 | ||||||||
Coverage Deficiency(1) |
$ | (14,501 | ) | |||||||||
| (1) | Represents amount of
additional pre-tax earnings that would have been necessary to bring the ratio
to 1.0. |