Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - ATS MEDICAL INC | c56845e10vk.htm |
| EX-23 - EX-23 - ATS MEDICAL INC | c56845exv23.htm |
| EX-21 - EX-21 - ATS MEDICAL INC | c56845exv21.htm |
| EX-32.2 - EX-32.2 - ATS MEDICAL INC | c56845exv32w2.htm |
| EX-31.1 - EX-31.1 - ATS MEDICAL INC | c56845exv31w1.htm |
| EX-32.1 - EX-32.1 - ATS MEDICAL INC | c56845exv32w1.htm |
| EX-31.2 - EX-31.2 - ATS MEDICAL INC | c56845exv31w2.htm |
EXHIBIT 12.1
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands, except ratios)
(Dollars in thousands, except ratios)
| Year Ended December 31, | ||||||||||||||||||||
| 2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||
| (Restated) | ||||||||||||||||||||
Net loss before income taxes |
($14,394 | ) | ($27,674 | ) | ($22,889 | ) | ($18,858 | ) | ($6,025 | ) | ||||||||||
Add: Fixed charges |
801 | 2,579 | 2,780 | 3,178 | 2,974 | |||||||||||||||
Total earnings (loss) |
($13,593 | ) | ($25,095 | ) | ($20,109 | ) | ($15,680 | ) | ($3,051 | ) | ||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expense |
$ | 661 | $ | 2,394 | $ | 2,542 | $ | 2,923 | $ | 2,723 | ||||||||||
Estimated rent interest expense |
140 | 185 | 238 | 255 | 251 | |||||||||||||||
Total fixed charges |
$ | 801 | $ | 2,579 | $ | 2,780 | $ | 3,178 | $ | 2,974 | ||||||||||
Ratio of earnings to fixed charges |
— | — | — | — | — | |||||||||||||||
Deficiency of earnings available
to cover fixed charges |
($14,394 | ) | ($27,674 | ) | ($22,889 | ) | ($18,858 | ) | ($6,025 | ) | ||||||||||