Attached files
| file | filename |
|---|---|
| S-1/A - S-1/A - MIND TECHNOLOGY, INC | d87628ds1a.htm |
| EX-23.1 - EX-23.1 - MIND TECHNOLOGY, INC | d87628dex231.htm |
Exhibit 12.1
| Year Ended January 31, | Nine Months Ended October 31, |
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| 2015 | 2014 | 2013 | 2012 | 2011 | 2015 | |||||||||||||||||||
| (in thousands) | ||||||||||||||||||||||||
| Earnings |
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| (Loss) Income before income taxes |
$ | (10,186 | ) | $ | 6,026 | $ | 13,524 | $ | 34,330 | $ | 6,794 | $ | (15,596 | ) | ||||||||||
| Fixed charges (as outlined below) |
1,142 | 544 | 783 | 960 | 906 | 687 | ||||||||||||||||||
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| Total earnings, as defined |
$ | (9,044 | ) | $ | 6,570 | $ | 14,307 | $ | 35,290 | $ | 7,700 | $ | (14,909) | |||||||||||
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| Fixed Charges |
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| Interest |
$ | 902 | $ | 314 | $ | 533 | $ | 740 | $ | 756 | $ | 537 | ||||||||||||
| Estimate of interest within rental expense |
240 | 230 | 250 | 220 | 150 | 150 | ||||||||||||||||||
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| Total fixed charges |
$ | 1,142 | $ | 544 | $ | 783 | $ | 960 | $ | 906 | $ | 687 | ||||||||||||
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| Ratio of earnings to fixed charges |
* | 12.08 | 18.27 | 36.76 | 8.50 | * | ||||||||||||||||||
| * | Earnings for the year ended January 31, 2015 and the nine months ended October 31, 2015 were insufficient to cover fixed charges by $10,186 and $15,596, respectively. |