EX-12.1 4 dex121.htm COMPUTATION OF EARNINGS Computation of earnings

EXHIBIT 12.1

Virage Logic Corporation

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratios)

 

      Fiscal Year Ended September 30,    Nine
Months
Ended
June 30,
 
     2004    2005     2006     2007     2008    2009  

Pre-tax earnings/(loss) from continuing operations

   2,769.0    (2,475.0   (759.0   (7,847.0   447.0    (22,945.0
                                  

Fixed Charges

   152.8    286.5      372.8      227.9      218.0    194.7   
                                  

Earnings/(loss) from Continuing operations before fixed charges

   2,921.8    (2,188.5   (386.2   (7,619.1   665.0    (22,750.3
                                  

Fixed Charges:

              

Interest Portion of Rental Expenses

   152.8    286.5      372.8      227.9      218.0    194.7   
                                  

Total Fixed Charges

   152.8    286.5      372.8      227.9      218.0    194.7   

Ratio of Earnings to Fixed Charges

   19.1    —        —        —        3.1    —     
                                  

Due to losses incurred for the nine months ended June 30, 2009 and years ended September 30, 2005, 2006 and 2007, we would have had to generate additional earnings of $22.9 million, $2.5 million, $0.8 million, and $7.8 million, respectively, to achieve a coverage of 1:1.