PAETEC Holding Corp. - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - March 16, 2011

Attached files

file	filename
EX-32 - EXHIBIT 32 - PAETEC Holding Corp.	dex32.htm
EX-21 - EXHIBIT 21 - PAETEC Holding Corp.	dex21.htm
EX-23 - EXHIBIT 23 - PAETEC Holding Corp.	dex23.htm
EX-31.1 - EXHIBIT 31.1 - PAETEC Holding Corp.	dex311.htm
EX-4.5.7 - EXHIBIT 4.5.7 - PAETEC Holding Corp.	dex457.htm
EX-4.6.7 - EXHIBIT 4.6.7 - PAETEC Holding Corp.	dex467.htm
EX-4.6.8 - EXHIBIT 4.6.8 - PAETEC Holding Corp.	dex468.htm
EX-4.5.6 - EXHIBIT 4.5.6 - PAETEC Holding Corp.	dex456.htm
EX-31.2 - EXHIBIT 31.2 - PAETEC Holding Corp.	dex312.htm
EX-4.5.8 - EXHIBIT 4.5.8 - PAETEC Holding Corp.	dex458.htm
EX-10.15 - EXHIBIT 10.15 - PAETEC Holding Corp.	dex1015.htm
EX-10.19 - EXHIBIT 10.19 - PAETEC Holding Corp.	dex1019.htm
10-K - FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 2010 - PAETEC Holding Corp.	d10k.htm

Exhibit 12.1

CALCULATION OF RATIOS OF EARNINGS TO FIXED CHARGES

PAETEC Holding’s ratios of earnings to fixed charges were as follows:


		2006				2007				2008				2009				2010
Earnings:
Income (loss) before income taxes		$	16,233			$	18,565			$	(398,098	)		$	(30,043	)		$	(58,745	)
Plus: Fixed Charges (see below)			28,206				69,932				76,673				77,465				99,787

Total Earnings		$	44,439			$	88,497			$	(321,425	)		$	47,422			$	41,042


Fixed Charges:
Interest expense, including amortization of debt issuance costs			27,319				68,373				73,663				74,149				96,339
Portion of rental expense deemed to represent interest			887				1,559				3,010				3,316				3,448

Total Fixed Charges			28,206				69,932				76,673				77,465				99,787

Ratio of earnings to fixed charges			1.58				1.27				*				*				*

Coverage deficiency		$	—			$	—			$	(398,098	)		$	(30,043	)		$	(58,745	)

*	There were insufficient earnings available to cover fixed charges for the years ended December 31, 2008, 2009 and 2010. As a result, the ratio of earnings to fixed charges was less than 1.0 for each of such periods.