EX-12.1 2 dex121.htm RATIO OF EARNINGS TO FIXED CHARGES Ratio of Earnings to Fixed Charges

Exhibit 12.1

QUANTUM CORPORATION

STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 

     For the year ended March 31,  

(In thousands)

   2009     2008     2007     2006     2005  

Loss from continuing operations before income taxes

   $ (359,145   $ (60,716   $ (59,156   $ (40,081   $ (12,135

Add fixed charges

     34,389        64,337        46,545        15,789        16,907   
                                        

Earnings (as defined)

   $ (324,756   $ 3,621      $ (12,611   $ (24,292   $ (4,772

Fixed charges:

          

Interest expense

   $ 29,261      $ 58,627      $ 40,748      $ 9,976      $ 11,212   

Amortization of debt issuance costs

     (i     (i     (i     (i     (i

Estimated interest component of rent expenses

     5,128        5,710        5,797        5,813        5,695   
                                        

Total fixed charges

   $ 34,389      $ 64,337      $ 46,545      $ 15,789      $ 16,907   
                                        

Ratio of earnings to fixed charges

     (ii     (ii     (ii     (ii     (ii

 

(i) In all years presented, the amortization of debt issuance costs is included in interest expense.
(ii) Earnings, as defined, were insufficient to cover fixed charges by $359.1 million, $60.7 million, $59.2 million, $40.1 million, and $12.1 million for fiscal 2009, 2008, 2007, 2006, and 2005, respectively.