Attached files

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10-K - 10-K - DJO Finance LLCa10-1894_110k.htm
EX-32.1 - EX-32.1 - DJO Finance LLCa10-1894_1ex32d1.htm
EX-31.1 - EX-31.1 - DJO Finance LLCa10-1894_1ex31d1.htm
EX-31.2 - EX-31.2 - DJO Finance LLCa10-1894_1ex31d2.htm
EX-32.2 - EX-32.2 - DJO Finance LLCa10-1894_1ex32d2.htm
EX-21.1 - EX-21.1 - DJO Finance LLCa10-1894_1ex21d1.htm

Exhibit 12.1

 

Computation of Ratio of Earnings to Fixed Charges

(in thousands)

 

 

 

Successor

 

Predecessor

 

 

 

Year Ended
December 31,

 

Year Ended
December 31,

 

Year Ended
December 31,

 

November 4,
2006 through
December 31,

 

January 1,
2006 through
November 3,

 

Year Ended
December 31,

 

 

 

2009

 

2008

 

2007

 

2006

 

2006

 

2005

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations before income taxes and noncontrolling interests

 

$

(71,069

)

$

(147,364

)

$

(126,911

)

$

(50,490

)

$

(59,040

)

$

13,450

 

Plus: Fixed charges

 

161,512

 

177,324

 

88,558

 

8,853

 

36,106

 

29,452

 

Less: Interest expense capitalized

 

 

(19

)

(160

)

(36

)

(85

)

(193

)

Less: Noncontrolling interests in pretax income from continuing operations with no incurred fixed charges

 

(723

)

(1,049

)

(415

)

(39

)

(158

)

(140

)

Earnings (loss)from continuing operations, adjusted

 

$

89,720

 

$

28,892

 

$

(38,928

)

$

(41,712

)

$

(23,177

)

$

42,569

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expensed and capitalized

 

$

157,032

 

$

173,181

 

$

87,108

 

$

8,647

 

$

35,247

 

$

28,702

 

Estimated interest within rental expense

 

4,480

 

4,143

 

1,450

 

206

 

859

 

750

 

Total fixed charges

 

$

161,512

 

$

177,324

 

$

88,558

 

$

8,853

 

$

36,106

 

$

29,452

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

 

 

 

 

1.45

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shortfall

 

(71,792

)

(148,432

)

(127,486

)

(50,565

)

(59,283

)