Attached files
file | filename |
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EX-21.1 - EXHIBIT 21.1 - CIENA CORP | a2015103110kex211.htm |
EX-23.1 - EXHIBIT 23.1 - CIENA CORP | a2015103110kex231.htm |
EX-32.2 - EXHIBIT 32.2 - CIENA CORP | a2015103110kex322.htm |
EX-32.1 - EXHIBIT 32.1 - CIENA CORP | a2015103110kex321.htm |
EX-31.1 - EXHIBIT 31.1 - CIENA CORP | a2015103110kex311.htm |
10-K - 10-K - CIENA CORP | a20151031financials.htm |
EX-31.2 - EXHIBIT 31.2 - CIENA CORP | a2015103110kex312.htm |
EXHIBIT 12.1
Statement of Computation of Ratio of Earnings to Fixed Charges | |||||||||||||
Year Ended October 31, | |||||||||||||
2013 | 2014 | 2015 | |||||||||||
Pre-tax earnings (loss) from continuing operations | $ | (80,191 | ) | $ | (26,673 | ) | $ | 23,764 | |||||
Fixed charges: | |||||||||||||
Interest expense | 44,042 | 47,115 | 51,179 | ||||||||||
Portion of rental expense representative of interest factor | 7,664 | 7,550 | 8,491 | ||||||||||
Total fixed charges | 51,706 | 54,665 | 59,670 | ||||||||||
Pre-tax earnings (loss) from continuing operations plus fixed charges | $ | (28,485 | ) | $ | 27,992 | $ | 83,434 | ||||||
Ratio of earnings (losses) to fixed charges | $ | — | $ | — | $ | 1.40 | |||||||
(1) | (2) |
(1) Earnings for the year ended October 31, 2013 were inadequate to cover fixed charges by $80.2 million.
(2) Earnings for the year ended October 31, 2014 were inadequate to cover fixed charges by $26.7 million.