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EX-32.2 - EXHIBIT 32.2 - ENDOLOGIX INC /DE/elgx-ex322_20171231x10k.htm
EX-32.1 - EXHIBIT 32.1 - ENDOLOGIX INC /DE/elgx-ex321_20171231x10k.htm
EX-31.2 - EXHIBIT 31.2 - ENDOLOGIX INC /DE/elgx-ex312_20171231x10k.htm
EX-31.1 - EXHIBIT 31.1 - ENDOLOGIX INC /DE/elgx-ex311_20171231x10k.htm
EX-23.1 - EXHIBIT 23.1 - ENDOLOGIX INC /DE/elgx-ex231_consentofindepe.htm
EX-21.1 - EXHIBIT 21.1 - ENDOLOGIX INC /DE/elgx-ex211_listofsubsidiar.htm
EX-10.23.2 - EXHIBIT 10.23.2 - ENDOLOGIX INC /DE/secondamendmenttolease.htm
EX-10.23.1 - EXHIBIT 10.23.1 - ENDOLOGIX INC /DE/consentassignmentfirstamen.htm
EX-10.23 - EXHIBIT 10.23 - ENDOLOGIX INC /DE/leaseagreement.htm
EX-10.9.2 - EXHIBIT 10.9.2 - ENDOLOGIX INC /DE/elgx-ex1092_secondamendmen.htm
EX-10.9.1 - EXHIBIT 10.9.1 - ENDOLOGIX INC /DE/elgx-ex1091xseparationandc.htm
10-K - 10-K - ENDOLOGIX INC /DE/elgx-20171231x10k.htm
Exhibit 12.1




 
 
Endologix, Inc.
 
 
Computation of Ratios of Earnings to Fixed Charges
 
 
(in thousands)
 
 
 
 
 
Year Ended December 31,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
2016
 
2015
 
2014
 
2013
 
2012
EARNINGS:
 
 
 
 
 
 
 
 
 
 
 
 
Loss before income taxes
 
$
(66,859
)
 
$
(154,179
)
 
$
(59,761
)
 
$
(32,480
)
 
$
(16,078
)
 
$
(35,243
)
Plus: Fixed charges (see below)
 
$
23,185

 
$
16,954

 
$
8,229

 
$
6,617

 
$
521

 
$
203

Total earnings/(loss) to cover fixed charges
 
$
(43,674
)
 
$
(137,225
)
 
$
(51,532
)
 
$
(25,863
)
 
$
(15,557
)
 
$
(35,040
)
 
 
 
 
 
 
 
 
 
 
 
 
 
FIXED CHARGES:
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
 
$
22,064

 
$
15,841

 
$
7,476

 
$
5,709

 
$
321

 
$
7

Interest portion of rental expense (1)
 
$
1,121

 
$
1,113

 
$
753

 
$
908

 
$
200

 
$
196

Total Fixed charges
 
$
23,185

 
$
16,954

 
$
8,229

 
$
6,617

 
$
521

 
$
203

Preferred stock dividends
 
$

 
$

 
$

 
$

 
$

 
$

Combined fixed charges and preferred stock dividends
 
$
23,185

 
$
16,954

 
$
8,229

 
$
6,617

 
$
521

 
$
203

 
 
 
 
 
 
 
 
 
 
 
 
 
RATIO OF EARNINGS TO FIXED CHARGES
 
 --
 
 --
 
 --
 
 --
 
 --
 
 --
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
 
 --
 
 --
 
 --
 
 --
 
 --
 
 --
 
 
 
 
 
 
 
 
 
 
 
 
 
DEFICIENCY OF EARNINGS TO COVER FIXED CHARGES
 
$
(66,859
)
 
$
(154,179
)
 
$
(59,761
)
 
$
(32,480
)
 
$
(16,078
)
 
$
(35,243
)
 
 
 
 
 
 
 
 
 
 
 
 
 
DEFICIENCY OF EARNINGS TO COVER COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
 
$
(66,859
)
 
$
(154,179
)
 
$
(59,761
)
 
$
(32,480
)
 
$
(16,078
)
 
$
(35,243
)
 
 
 
 
 
 
 
 
 
 
 
 
 
(1
)
 
Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs.