Exhibit 12.1
For the Nine Months Ended September 30 | For the Year Ended December 31, | |||||||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||
Earnings | ||||||||||||||||||||||||
Loss from continuing operations before income taxes | $ | (79,932 | ) | $ | (90,722 | ) | $ | (66,720 | ) | $ | (69,949 | ) | $ | (48,597 | ) | $ | (57,308 | ) | ||||||
Fixed charges | 968 | 508 | 509 | 2,795 | 2,420 | 2,341 | ||||||||||||||||||
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Earnings, as defined | $ | (78,964 | ) | $ | (90,214 | ) | $ | (66,211 | ) | $ | (67,154 | ) | $ | (46,177 | ) | $ | (54,967 | ) | ||||||
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Fixed charges: | ||||||||||||||||||||||||
Interest expense | $ | 572 | $ | 35 | $ | — | $ | 2,351 | $ | 1,957 | $ | 1,654 | ||||||||||||
Estimated interest component of rent expenses | 396 | 473 | 509 | 444 | 463 | 687 | ||||||||||||||||||
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Total fixed charges | $ | 968 | $ | 508 | $ | 509 | $ | 2,795 | $ | 2,420 | $ | 2,341 | ||||||||||||
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Preferred stock deemed dividend | — | — | 8,469 | — | — | — | ||||||||||||||||||
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Total fixed charges and preferred dividend | $ | 968 | $ | 508 | $ | 8,978 | $ | 2,795 | $ | 2,420 | $ | 2,341 | ||||||||||||
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Deficiency of earnings available to cover fixed charges and preferred stock dividends(1) | $ | (79,932 | ) | $ | (90,722 | ) | (75,189 | ) | (69,949 | ) | (48,597 | ) | (57,308 | ) | ||||||||||
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(1): | Adjusted earnings, as described above, were insufficient to cover fixed charges in each year. |