Attached files
Exhibit 12.1
Ratio of Earnings to Fixed Charges Syniverse Holdings, Inc. (unaudited) (dollars in thousands)
Year Ended December 31, 2009 |
Year Ended December 31, 2008 |
Year Ended December 31, 2007 |
Year Ended December 31, 2006 |
Year Ended December 31, 2005 | ||||||||||||
Net Income |
$ | 65,677 | $ | 78,464 | $ | 52,419 | $ | 89,724 | $ | 9,804 | ||||||
Provision for (benefit from) income taxes |
40,465 | 46,797 | 31,310 | (39,574 | ) | 9,041 | ||||||||||
Income (loss) before income taxes |
$ | 106,142 | $ | 125,261 | $ | 83,729 | $ | 50,150 | $ | 18,845 | ||||||
Fixed charges: |
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Interest expensed |
$ | 27,160 | $ | 35,505 | $ | 24,429 | $ | 26,194 | $ | 32,406 | ||||||
Amortization of deferred financing costs and discount |
1,747 | 1,742 | 1,174 | 1,134 | 2,241 | |||||||||||
Estimated interest factor on operating leases |
1,404 | 1,307 | 1,037 | 1,006 | 1,010 | |||||||||||
Total fixed charges |
30,291 | 38,554 | 26,640 | 28,334 | 35,657 | |||||||||||
Earnings: |
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Income (loss) before income taxes |
106,142 | 125,261 | 83,729 | 50,150 | 18,845 | |||||||||||
Fixed charges |
30,291 | 38,554 | 26,640 | 28,334 | 35,657 | |||||||||||
Total earnings |
$ | 136,433 | $ | 163,815 | $ | 110,369 | $ | 78,484 | $ | 54,502 | ||||||
Ratio of earnings to fixed charges |
4.50 | 4.25 | 4.14 | 2.77 | 1.53 | |||||||||||