Exhibit 12.1
MONITRONICS INTERNATIONAL, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
Fiscal Year Ended | |||||||||||||||
June 30, 1999 Restated | June 30, 2000 Restated | June 30, 2001 Restated | June 30, 2002 Restated | June 30, 2003 Restated | Three Months Ended September 30, 2002 Restated | Three Months September 30, 2003 | |||||||||
Fixed Charges as Defined: | |||||||||||||||
Deferred Finance Charges | 301 | 423 | 524 | 1,205 | 1,777 | 444 | 420 | ||||||||
Interest Expense | 11,192 | 21,325 | 27,160 | 19,183 | 20,838 | 5,262 | 6,638 | ||||||||
Rent | 67 | 100 | 176 | 209 | 220 | 55 | 45 | ||||||||
Total Fixed Charges (A) | 11,560 | 21,848 | 27,860 | 20,597 | 22,835 | 5,761 | 7,103 | ||||||||
Earnings as Defined: | |||||||||||||||
Pretax Income | 4,452 | 3,441 | 2,392 | 7,911 | 8,580 | 1,799 | (6,769 | ) | |||||||
Add Fixed Charges | 11,560 | 21,848 | 27,860 | 20,597 | 22,835 | 5,761 | 7,103 | ||||||||
Earnings and Fixed Charges (B) | 16,012 | 25,289 | 30,252 | 28,508 | 31,415 | 7,560 | 334 | ||||||||
Ratio of earnings to fixed charges | 1.39 | 1.16 | 1.09 | 1.38 | 1.38 | 1.31 | |||||||||
Insufficient to cover fixed charges | (6,769 | ) |
MONITRONICS INTERNATIONAL, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
INCLUDING DIVIDENDS PAYALBE
(DOLLARS IN THOUSANDS)
Fiscal Year Ended | ||||||||||||||||||||
June 30, 1999 Restated | June 30, 2000 Restated | June 30, 2001 Restated | June 30, 2002 Restated | June 30, 2003 Restated | Three Months Ended September 30, 2002 Restated | Three Months September 30, 2003 | ||||||||||||||
Fixed Charges as Defined: | ||||||||||||||||||||
Deferred Finance Charges | 301 | 423 | 524 | 1,205 | 1,777 | 444 | 420 | |||||||||||||
Interest Expense | 11,192 | 21,325 | 27,160 | 19,183 | 20,838 | 5,262 | 6,638 | |||||||||||||
Dividends Payable | 2,252 | 4,671 | 7,345 | 24,314 | 30,472 | 7,140 | 7,764 | |||||||||||||
Amort of accretion | 31 | 102 | 114 | 193 | 214 | 54 | 54 | |||||||||||||
Rent | 67 | 100 | 176 | 209 | 220 | 55 | 45 | |||||||||||||
Total Fixed Charges (A) | 13,843 | 26,621 | 35,319 | 45,104 | 53,521 | 12,955 | 14,921 | |||||||||||||
Earnings as Defined: | ||||||||||||||||||||
Pretax Income | 4,452 | 3,441 | 2,392 | 7,911 | 8,580 | 1,799 | (6,769 | ) | ||||||||||||
Add Fixed Charges—less dividends payable | 11,560 | 21,848 | 27,860 | 20,597 | 22,835 | 5,761 | 7,103 | |||||||||||||
Earnings and Fixed Charges (B) | 16,012 | 25,289 | 30,252 | 28,508 | 31,415 | 7,560 | 334 | |||||||||||||
Total Fixed Charges | 13,843 | 26,621 | 35,319 | 45,104 | 53,521 | 12,955 | 14,921 | |||||||||||||
Ratio of earnings to fixed Charges | 1.16 | |||||||||||||||||||
Insufficent to cover fixed charges | (1,332 | ) | (5,067 | ) | (16,596 | ) | (22,106 | ) | (5,395 | ) | (14,587 | ) |
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