Attached files
file | filename |
---|---|
10-K - FORM 10-K - MEDIACOM COMMUNICATIONS CORP | y83073e10vk.htm |
EX-21.1 - EX-21.1 - MEDIACOM COMMUNICATIONS CORP | y83073exv21w1.htm |
EX-23.1 - EX-23.1 - MEDIACOM COMMUNICATIONS CORP | y83073exv23w1.htm |
EX-31.1 - EX-31.1 - MEDIACOM COMMUNICATIONS CORP | y83073exv31w1.htm |
EX-32.1 - EX-32.1 - MEDIACOM COMMUNICATIONS CORP | y83073exv32w1.htm |
Exhibit 12.1
Mediacom
Communications Corporation and Subsidiaries
Schedule
of Computation of Ratio of Earnings to Fixed Charges
For the Years Ended December 31, | ||||||||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
(In thousands, except ratio amounts) | ||||||||||||||||||||
Earnings:
|
||||||||||||||||||||
Income (loss) before income taxes
|
$ | 126,366 | $ | (19,281 | ) | $ | (37,563 | ) | $ | (65,188 | ) | $ | (24,966 | ) | ||||||
Interest expense, net
|
201,995 | 213,333 | 239,015 | 227,206 | 208,264 | |||||||||||||||
Amortization of capitalized interest
|
2,261 | 2,872 | 3,069 | 2,678 | 2,357 | |||||||||||||||
Amortization of debt issuance costs
|
5,520 | 5,070 | 4,884 | 5,998 | 8,613 | |||||||||||||||
Interest component of rent
expense(1)
|
6,237 | 6,289 | 5,787 | 5,755 | 5,267 | |||||||||||||||
Earnings available for fixed charges
|
$ | 342,379 | $ | 208,283 | $ | 215,192 | $ | 176,449 | $ | 199,535 | ||||||||||
Fixed Charges:
|
||||||||||||||||||||
Interest expense, net
|
$ | 201,995 | $ | 213,333 | $ | 239,015 | $ | 227,206 | $ | 208,264 | ||||||||||
Capitalized interest
|
3,527 | 4,273 | 3,818 | 3,603 | 3,756 | |||||||||||||||
Amortization of debt issuance cost
|
5,520 | 5,070 | 4,884 | 5,998 | 8,613 | |||||||||||||||
Interest component of rent
expense(1)
|
6,237 | 6,289 | 5,787 | 5,755 | 5,267 | |||||||||||||||
Total fixed charges
|
$ | 217,279 | $ | 228,965 | $ | 253,504 | $ | 242,562 | $ | 225,900 | ||||||||||
Ratio of earnings to fixed charges
|
1.58 | | | | ||||||||||||||||
Deficiency of earnings over fixed charges
|
$ | | $ | (20,682 | ) | $ | (38,312 | ) | $ | (66,113 | ) | $ | (26,365 | ) | ||||||
(1) | A reasonable approximation (one-third) is deemed to be the interest factor included in rental expense. |