Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - APX Group Holdings, Inc. | Financial_Report.xls |
| EX-21.1 - EX-21.1 - APX Group Holdings, Inc. | d858687dex211.htm |
| EX-32.2 - EX-32.2 - APX Group Holdings, Inc. | d858687dex322.htm |
| EX-32.1 - EX-32.1 - APX Group Holdings, Inc. | d858687dex321.htm |
| EX-99.1 - EX-99.1 - APX Group Holdings, Inc. | d858687dex991.htm |
| EX-31.1 - EX-31.1 - APX Group Holdings, Inc. | d858687dex311.htm |
| EX-31.2 - EX-31.2 - APX Group Holdings, Inc. | d858687dex312.htm |
| 10-K - FORM 10-K - APX Group Holdings, Inc. | d858687d10k.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Successor | Predecessor | Predecessor | ||||||||||||||||||||||||||
| December 31, | December 31, | Period from November 17, through December 31, |
Period from January 1, through November 16, |
Year Ended December 31, | ||||||||||||||||||||||||
| 2014 | 2013 | 2012 | 2012 | 2011 | 2010 | |||||||||||||||||||||||
| (dollars in thousands) |
||||||||||||||||||||||||||||
| Fixed Charges: |
||||||||||||||||||||||||||||
| Interest expense |
$ | 147,511 | $ | 114,476 | $ | 12,645 | $ | 106,620 | $ | 102,069 | $ | 69,534 | ||||||||||||||||
| Capitalized interest |
— | — | — | — | — | — | ||||||||||||||||||||||
| Portion of rental expense which represents interest factor (1) |
3,624 | 2,028 | 217 | 1,649 | 1,676 | 1,460 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| Total Fixed Charges |
$ | 151,135 | $ | 116,504 | $ | 12,862 | $ | 108,269 | $ | 103,745 | $ | 70,994 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| Earnings available for fixed charges: |
||||||||||||||||||||||||||||
| Pretax loss from continuing operations |
$ | (238,146 | ) | $ | (120,921 | ) | $ | (41,005 | ) | $ | (149,674 | ) | $ | (63,227 | ) | $ | (24,638 | ) | ||||||||||
| Distributed equity income of affiliated companies |
— | — | 216 | 6 | 39 | 15 | ||||||||||||||||||||||
| Add: Fixed Charges |
151,135 | 116,504 | 12,862 | 108,269 | 103,745 | 70,994 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| Total Earnings available for fixed charges |
$ | (87,011 | ) | $ | (4,417 | ) | $ | (27,927 | ) | $ | (41,399 | ) | $ | 40,557 | $ | 46,371 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| Earnings for the period were insufficient to cover fixed charges by the folling amounts: |
$ | (238,146 | ) | $ | (120,921 | ) | $ | (40,789 | ) | $ | (149,668 | ) | $ | (63,188 | ) | $ | (24,623 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| Ratio of earnings to fixed charges (2) |
NM | NM | NM | N/A | NM | NM | ||||||||||||||||||||||
| (1) | Represents the portion of rental expense deemed to be attributable to interest |
| (2) | NM - Not meaningful |