Attached files
| file | filename |
|---|---|
| 10-K - 10-K - APX Group Holdings, Inc. | apx12311710kdocument.htm |
| EX-32.2 - EXHIBIT 32.2 - APX Group Holdings, Inc. | apx123117ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - APX Group Holdings, Inc. | apx123117ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - APX Group Holdings, Inc. | apx123117ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - APX Group Holdings, Inc. | apx123117ex311.htm |
| EX-21.1 - EXHIBIT 21.1 - APX Group Holdings, Inc. | apx123117ex211subsidiaries.htm |
| EX-10.24 - EXHIBIT 10.24 - APX Group Holdings, Inc. | citizensagreement.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, | |||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
(in thousands) | |||||||||||||||||||
Fixed Charges: | |||||||||||||||||||
Interest expense | $ | 225,772 | $ | 197,965 | $ | 161,339 | $ | 147,511 | $ | 114,476 | |||||||||
Capitalized interest | — | — | — | — | — | ||||||||||||||
Portion of rental expense which represents interest factor (1) | 5,614 | 5,318 | 5,047 | 3,624 | 2,028 | ||||||||||||||
Total Fixed Charges | 231,386 | 203,283 | 166,386 | 151,135 | 116,504 | ||||||||||||||
Earnings Available for Fixed Charges: | |||||||||||||||||||
Pretax loss from continuing operations | (409,121 | ) | (275,957 | ) | (278,756 | ) | (238,146 | ) | (120,921 | ) | |||||||||
Distributed equity income of affiliated companies | — | — | — | — | — | ||||||||||||||
Add: Fixed Charges | 231,386 | 203,283 | 166,386 | 151,135 | 116,504 | ||||||||||||||
Total earnings available for fixed charges | $ | (177,735 | ) | $ | (72,674 | ) | $ | (112,370 | ) | $ | (87,011 | ) | $ | (4,417 | ) | ||||
Earnings for the period were insufficient to cover fixed charges by the following amounts: | (409,121 | ) | (275,957 | ) | (278,756 | ) | (238,146 | ) | (120,921 | ) | |||||||||
Ratio of earnings to fixed charges (2) | NM | NM | NM | NM | NM | ||||||||||||||
(1) | Represents the portion of rental expense deemed to be attributable to interest |
(2) | NM - Not meaningful |