Attached files

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EX-23.1 - KPMG CONSENT - RADISYS CORPex231kpmgconsent2014.htm
EX-32.1 - CEO 906 CERTIFICATION - RADISYS CORPex321906ceocertification20.htm
EX-31.2 - CFO 302 CERTIFICATION - RADISYS CORPex312302cfocertification20.htm
EX-32.2 - CFO 906 CERTIFICATION - RADISYS CORPex322906cfocertification20.htm
EX-21.1 - LIST OF SUBSIDIARIES - RADISYS CORPex211listofsubsidiaries123.htm
EXCEL - IDEA: XBRL DOCUMENT - RADISYS CORPFinancial_Report.xls
10-K - 10-K - RADISYS CORPa1231201410-k.htm
EX-31.1 - CEO 302 CERTIFICATION - RADISYS CORPex311302ceocertification20.htm


Exhibit 12
Computation of Ratio of Earnings to Fixed Charges

 
For the years ended December 31,
 
2014
 
2013
 
2012
 
2011
 
2010
Income (loss) before taxes and discontinued operations
$
(25,089
)
 
$
(34,449
)
 
$
(40,884
)
 
$
(12,661
)
 
$
(854
)
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense (A)
1,242

 
1,220

 
1,722

 
1,870

 
2,035

Rentals:
 
 
 
 
 
 
 
 
 
Buildings, net of sublease income – 6.0% (B)
218

 
245

 
324

 
288

 
494

Total fixed charges
1,460

 
1,465

 
2,046

 
2,158

 
2,529

 
 
 
 
 
 
 
 
 
 
Income (loss) before taxes and discontinued operations, plus fixed charges
(23,629
)
 
(32,984
)
 
(38,838
)
 
(10,503
)
 
1,675

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges (C)

 

 

 

 

 
 
 
 
 
 
 
 
 
 
Deficit
$
(25,089
)
 
$
(34,449
)
 
$
(40,884
)
 
$
(12,661
)
 
$
(854
)

A
Amortization of the discount on the Company’s outstanding convertible subordinated notes is included in Interest expense.
B
Management believes that 6% is a reasonable approximation of the interest factor on rentals. Building and office rental fees that were included in restructuring charges were excluded from fixed charges.
C
The earnings to fixed charges ratio was less than 1:1 due to the losses reported for the years ended December 31, 2014, 2013, 2012, 2011, and 2010.