Attached files
file | filename |
---|---|
10-K - FORM 10-K - DIGITAL RIVER INC /DE | c56395e10vk.htm |
EX-23.1 - EX-23.1 - DIGITAL RIVER INC /DE | c56395exv23w1.htm |
EX-10.28 - EX-10.28 - DIGITAL RIVER INC /DE | c56395exv10w28.htm |
EX-31.2 - EX-31.2 - DIGITAL RIVER INC /DE | c56395exv31w2.htm |
EX-31.1 - EX-31.1 - DIGITAL RIVER INC /DE | c56395exv31w1.htm |
EX-10.27 - EX-10.27 - DIGITAL RIVER INC /DE | c56395exv10w27.htm |
EX-10.29 - EX-10.29 - DIGITAL RIVER INC /DE | c56395exv10w29.htm |
EX-21.1 - EX-21.1 - DIGITAL RIVER INC /DE | c56395exv21w1.htm |
EX-10.26 - EX-10.26 - DIGITAL RIVER INC /DE | c56395exv10w26.htm |
EX-32 - EX-32 - DIGITAL RIVER INC /DE | c56395exv32.htm |
EX-10.25 - EX-10.25 - DIGITAL RIVER INC /DE | c56395exv10w25.htm |
EXHIBIT 12.1
Digital
River, Inc.
Computation of Ratio of Earnings to Fixed Charges
Years Ended December 31, | ||||||||||||||||||||
2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||
Income from operations
|
$ | 66,420 | $ | 67,595 | $ | 73,914 | $ | 71,571 | $ | 63,501 | ||||||||||
Add: Fixed charges(1)
|
3,092 | 3,240 | 3,331 | 3,569 | 6,092 | |||||||||||||||
Earnings as defined
|
69,512 | 70,835 | 77,245 | 75,140 | 69,593 | |||||||||||||||
Fixed charges(1)
|
$ | 3,092 | $ | 3,240 | $ | 3,331 | $ | 3,569 | $ | 6,092 | ||||||||||
Ratio of earnings to fixed charges(2)
|
22.5 | 21.9 | 23.2 | 21.1 | 11.4 |
(1) | The significant change in fixed charges is primarily due to the repurchase of our Convertible Senior Notes. | |
(2) | The ratio of earnings to fixed charges is computed by dividing income from operations plus fixed charges by fixed charges. Fixed charges consist of interest expense, amortization of debt issuance costs and that portion of rental payments under operating leases that we believe to be representative of interest. |