Exhibit 12.1
BEAZER HOMES USA, INC.
FIXED CHARGE COVERAGE RATIO CALCULATION
FIXED CHARGE COVERAGE RATIO CALCULATION
| Year ended September 30, | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
| (LOSS) INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | ($186,546 | ) | ($729,115 | ) | ($574,593 | ) | $ | 609,835 | $ | 572,340 | ||||||||||
| FIXED CHARGES | 137,631 | 145,604 | 154,743 | 130,636 | 95,242 | |||||||||||||||
| LESS: INTEREST CAPITALIZED | (50,451 | ) | (84,474 | ) | (148,444 | ) | (124,162 | ) | (89,696 | ) | ||||||||||
| ADD: INTEREST AMORTIZED TO COS | 54,714 | 112,262 | 127,530 | 95,974 | 80,180 | |||||||||||||||
| ADD: INTEREST IMPAIRED TO COS | 3,376 | 13,795 | 12,350 | — | — | |||||||||||||||
| EARNINGS AVAILABLE FOR FIXED CHARGES | (41,276 | ) | (541,928 | ) | (428,414 | ) | 712,283 | 658,066 | ||||||||||||
| FIXED CHARGES | $ | 137,631 | $ | 145,604 | $ | 154,743 | $ | 130,636 | $ | 95,242 | ||||||||||
RATIO OF EARNINGS TO FIXED CHARGES(a) | (a | ) | (a | ) | (a | ) | 5.45 | x | 6.91 | x | ||||||||||
| (a) | The ratio of earnings to fixed charges for each of the periods is determined by dividing earnings by fixed charges. Earnings consist of (loss) income from continuing operations before income taxes, amortization of previously capitalized interest and fixed charges, exclusive of capitalized interest cost. Fixed charges consist of interest incurred, amortization of deferred loan costs and debt discount, and that portion of operating lease rental expense (33%) deemed to be representative of interest. Earnings for fiscal years ended September 30, 2009, 2008 and 2007 were insufficient to cover fixed charges by $41 million, $542 million and $428 million, respectively. |