Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - MEDIVATION, INC. | Financial_Report.xls |
| EX-10.4 - EX-10.4 - MEDIVATION, INC. | d710626dex104.htm |
| EX-31.2 - EX-31.2 - MEDIVATION, INC. | d710626dex312.htm |
| EX-31.1 - EX-31.1 - MEDIVATION, INC. | d710626dex311.htm |
| EX-32.1 - EX-32.1 - MEDIVATION, INC. | d710626dex321.htm |
| EX-10.3 - EX-10.3 - MEDIVATION, INC. | d710626dex103.htm |
| 10-Q - FORM 10-Q - MEDIVATION, INC. | d710626d10q.htm |
Exhibit 12.1
Medivation, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(in thousands)
| Three Months Ended March 31, 2014 |
Years Ended December 31, | |||||||||||||||||||||||
| 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||||||
| Earnings |
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| Net loss before income taxes |
$ | (13,724 | ) | $ | (42,498 | ) | $ | (41,250 | ) | $ | (43,172 | ) | $ | (32,465 | ) | $ | (46,481 | ) | ||||||
| Fixed charges |
5,729 | 21,982 | 16,985 | 933 | 733 | 933 | ||||||||||||||||||
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| Earnings, as defined |
$ | (7,995 | ) | $ | (20,516 | ) | $ | (24,265 | ) | $ | (42,239 | ) | $ | (31,732 | ) | $ | (45,548 | ) | ||||||
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| Fixed Charges |
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| Interest expense |
$ | 1,698 | $ | 6,793 | $ | 5,322 | $ | — | $ | — | $ | — | ||||||||||||
| Amortization of debt discount and issuance costs |
3,532 | 13,456 | 9,663 | — | — | — | ||||||||||||||||||
| Interest component of rentals (1) |
499 | 1,733 | 2,000 | 933 | 733 | 933 | ||||||||||||||||||
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| Total |
$ | 5,729 | $ | 21,982 | $ | 16,985 | $ | 933 | $ | 733 | $ | 933 | ||||||||||||
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| Deficiency in earnings to cover fixed charges |
$ | 13,724 | $ | 42,498 | $ | 41,250 | $ | 43,172 | $ | 32,465 | $ | 46,481 | ||||||||||||
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| Ratio of earnings to fixed charges |
* | * | * | * | * | * | ||||||||||||||||||
| (1) | Represents the estimated portion of operating lease rental expense that is considered by us to be a reasonable representation of interest. |
| * | Because of the deficiency in earnings to cover fixed charges, the ratio information is not applicable. |