MEDIACOM BROADBAND LLC - FORM 10-K - EX-12.1 - SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - March 21, 2012

Attached files

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EXCEL - IDEA: XBRL DOCUMENT - MEDIACOM BROADBAND LLCFinancial_Report.xls
10-K - FORM 10-K - MEDIACOM BROADBAND LLCd290435d10k.htm
EX-10.5 - INCREMENTAL FACILITY AGREEMENT DATED AS OF NOVEMBER 10, 2011 - MEDIACOM BROADBAND LLCd290435dex105.htm
EX-10.1(G) - AMENDMENT NO. 6 TO CREDIT AGREEMENT - MEDIACOM BROADBAND LLCd290435dex101g.htm
EX-21.1 - SUBSIDIARIES OF MEDIACOM BROADBAND LLC - MEDIACOM BROADBAND LLCd290435dex211.htm
EX-31.1 - RULE 15D-14(A) CERTIFICATIONS OF MEDIACOM BROADBAND LLC - MEDIACOM BROADBAND LLCd290435dex311.htm
EX-31.2 - RULE 15D-14(A) CERTIFICATIONS OF MEDIACOM BROADBAND CORPORATION - MEDIACOM BROADBAND LLCd290435dex312.htm
EX-32.1 - SECTION 1350 CERTIFICATIONS OF MEDIACOM BROADBAND LLC - MEDIACOM BROADBAND LLCd290435dex321.htm
EX-32.2 - SECTION 1350 CERTIFICATIONS OF MEDIACOM BROADBAND CORPORATION - MEDIACOM BROADBAND LLCd290435dex322.htm

Exhibit 12.1

Mediacom Broadband LLC

Schedule of Computation of Ratio of Earnings to Fixed Charges and Preferred Dividends

 

     For the Years ended December 31,  
     2011      2010      2009      2008     2007  

Earnings:

              

Income before income taxes

    $ 57,976       $ 48,165       $ 91,729       $ 17,836      $ 2,400   

Interest expense, net

      111,509         112,106         112,474         113,846        120,673   

Amortization of capitalized interest

      1,556         1,429         1,986         1,148        1,114   

Amortization of debt issuance costs

      4,345         3,992         3,560         1,856        1,989   

Interest component of rent expense(1)

      3,189         3,065         2,878         2,859        2,904   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Earnings available for fixed charges

    $ 178,575       $ 168,757       $ 212,627       $ 137,545      $ 129,080   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Fixed Charges and Preferred Dividends:

              

Interest expense, net

    $ 111,509       $ 112,106       $ 112,474       $ 113,846      $ 120,673   

Capitalized interest

      2,014         2,136         1,808         2,069        2,045   

Amortization of debt issuance cost

      4,345         3,992         3,560         1,856        1,989   

Interest component of rent expense(1)

      3,189         3,065         2,878         2,859        2,904   

Preferred dividends

      18,000         18,000         18,000         18,000        18,000   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Total fixed charges and preferred dividends

    $ 139,057       $ 139,299       $ 138,720       $ 138,630      $ 145,611   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Raito of earnings over fixed charges and preferred dividends

      1.28         1.21         1.53           —   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Deficiency of earnings over fixed charges and preferred dividends

    $ —       $ —       $ —       $ (1,085 )    $ (16,531 ) 
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

 

(1) A reasonable approximation (one-third) is deemed to be the interest factor included in rental expense.

 

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MEDIACOM BROADBAND LLC Reports