EX-12.1 3 mdrx-ex121_20141231147.htm EX-12.1

Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Seven Months Ended

 

 

Year Ended

 

 

 

Year Ended December 31,

 

 

December 31,

 

 

May 31,

 

(In thousands)

 

2014

 

 

2013

 

 

2012

 

 

2011

 

 

2010

 

 

2010

 

Income (loss) before income taxes

 

$

(68,117

)

 

$

(148,346

)

 

$

(17,460

)

 

$

117,479

 

 

$

(2,959

)

 

$

103,536

 

Plus fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

16,020

 

 

 

14,703

 

 

 

11,121

 

 

 

13,546

 

 

 

7,796

 

 

 

1,481

 

Amortizaton of debt discount

 

 

11,236

 

 

 

5,784

 

 

 

0

 

 

 

0

 

 

 

0

 

 

 

0

 

Amortizaton of debt issuance costs

 

 

2,041

 

 

 

3,667

 

 

 

5,066

 

 

 

5,264

 

 

 

1,891

 

 

 

512

 

Write off of unamortized deferred debt issuance

   costs

 

 

0

 

 

 

3,901

 

 

 

0

 

 

 

1,940

 

 

 

0

 

 

 

0

 

Portion of rents representative of an appropriate

   interest factor

 

 

5,414

 

 

 

5,682

 

 

 

6,175

 

 

 

6,786

 

 

 

3,664

 

 

 

3,439

 

Total fixed charges (1)

 

$

34,711

 

 

$

33,737

 

 

$

22,362

 

 

$

27,536

 

 

$

13,351

 

 

$

5,432

 

Adjusted earnings (2)

 

$

(33,406

)

 

$

(114,609

)

 

$

4,902

 

 

$

145,015

 

 

$

10,392

 

 

$

108,968

 

Ratio (2 divided by 1)

 

 

(1.0

)

 

 

(3.4

)

 

 

0.2

 

 

 

5.3

 

 

 

0.8

 

 

 

20.1

 

Fixed charges deficiency

 

$

68,117

 

 

$

148,346

 

 

$

17,460

 

 

$

0

 

 

$

2,959

 

 

$

0