Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - APX Group Holdings, Inc. | apx123116ex99113rirandiscl.htm |
| EX-32.2 - EXHIBIT 32.2 - APX Group Holdings, Inc. | apx123116ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - APX Group Holdings, Inc. | apx123116ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - APX Group Holdings, Inc. | apx123116ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - APX Group Holdings, Inc. | apx123116ex311.htm |
| EX-21.1 - EXHIBIT 21.1 - APX Group Holdings, Inc. | apx123116ex211subsidiaries.htm |
| EX-10.19 - EXHIBIT 10.19 - APX Group Holdings, Inc. | apx123116ex1019eeagreement.htm |
| 10-K - 10-K - APX Group Holdings, Inc. | apx12311610kdocument.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Successor | Predecessor | |||||||||||||||||||||||
Year Ended December 31, | Period from November 17, through December 31, 2012 | Period from January 1, through November 16, 2012 | ||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | |||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest expense | $ | 197,965 | $ | 161,339 | $ | 147,511 | $ | 114,476 | $ | 12,645 | $ | 106,620 | ||||||||||||
Capitalized interest | 5,318 | 5,047 | 3,624 | 2,028 | 217 | 1,649 | ||||||||||||||||||
Portion of rental expense which represents interest factor (1) | 203,283 | 166,386 | 151,135 | 116,504 | 12,862 | 108,269 | ||||||||||||||||||
Total Fixed Charges | ||||||||||||||||||||||||
Earnings Available for Fixed Charges: | ||||||||||||||||||||||||
Pretax loss from continuing operations | (275,957 | ) | (278,756 | ) | (238,146 | ) | (120,921 | ) | (41,005 | ) | (149,674 | ) | ||||||||||||
Distributed equity income of affiliated companies | — | — | — | — | 216 | 6 | ||||||||||||||||||
Add: Fixed Charges | 203,283 | 166,386 | 151,135 | 116,504 | 12,862 | 108,269 | ||||||||||||||||||
Total earnings available for fixed charges | $ | (72,674 | ) | $ | (112,370 | ) | $ | (87,011 | ) | $ | (4,417 | ) | $ | (27,927 | ) | $ | (41,399 | ) | ||||||
Earnings for the period were insufficient to cover fixed charges by the following amounts: | (275,957 | ) | (278,756 | ) | (238,146 | ) | (120,921 | ) | (40,789 | ) | (149,668 | ) | ||||||||||||
Ratio of earnings to fixed charges (2) | NM | NM | NM | NM | NM | NM | ||||||||||||||||||
(1) | Represents the portion of rental expense deemed to be attributable to interest |
(2) | NM - Not meaningful |