Exhibit 12.1
MONITRONICS INTERNATIONAL, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
Fiscal Year Ended | Nine Months Ended | ||||||||||||||||
June 30, 1999 Restated | June 30, 2000 Restated | June 30, 2001 Restated | June 30, 2002 Restated | June 30, 2003 | March 31, 2003 (Restated) | March 31, 2004 | |||||||||||
Fixed Charges as Defined: | |||||||||||||||||
Deferred Finance Charges | 301 | 423 | 524 | 1,205 | 1,777 | 1,333 | 1,705 | ||||||||||
Interest Expense | 11,192 | 21,325 | 27,160 | 19,183 | 20,838 | 15,653 | 23,181 | ||||||||||
Rent | 67 | 100 | 176 | 209 | 220 | 156 | 132 | ||||||||||
Total Fixed Charges (A) | 11,560 | 21,848 | 27,860 | 20,597 | 22,835 | 17,142 | 25,018 | ||||||||||
Earnings as Defined: | |||||||||||||||||
Pretax Income | 989 | (2,608 | ) | (2,487 | ) | 4,584 | 6,303 | 3,950 | (7,441 | ) | |||||||
Add Fixed Charges | 11,560 | 21,848 | 27,860 | 20,597 | 22,835 | 17,142 | 25,018 | ||||||||||
Earnings and Fixed Charges (B) | 12,549 | 19,240 | 25,373 | 25,181 | 29,138 | 21,092 | 17,577 | ||||||||||
Ratio of Earnings to Fixed Charges | 1.09 | 1.22 | 1.28 | 1.23 | |||||||||||||
Insufficient to cover Fixed Charges | (2,608 | ) | (2,487 | ) | (7,441 | ) |
MONITRONICS INTERNATIONAL, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
INCLUDING DIVIDENDS PAYABLE
(DOLLARS IN THOUSANDS)
Fiscal Year Ended | Nine Months Ended | ||||||||||||||||||||
June 30, 1999 Restated | June 30, 2000 Restated | June 30, 2001 Restated | June 30, 2002 Restated | June 30, 2003 | March 31, 2003 (Restated) | March 31, 2004 | |||||||||||||||
Fixed Charges as Defined: | |||||||||||||||||||||
Deferred Finance Charges | 301 | 423 | 524 | 1,205 | 1,777 | 1,333 | 1,705 | ||||||||||||||
Interest Expense | 11,192 | 21,325 | 27,160 | 19,183 | 20,838 | 15,653 | 23,181 | ||||||||||||||
Dividends Payable | 2,301 | 2,940 | 4,603 | 24,689 | 30,940 | 22,097 | 15,426 | ||||||||||||||
Amortization of accretion | 31 | 102 | 114 | 193 | 214 | 161 | 163 | ||||||||||||||
Rent | 67 | 100 | 176 | 209 | 220 | 156 | 132 | ||||||||||||||
Total Fixed Charges (A) | 13,892 | 24,890 | 32,577 | 45,479 | 53,989 | 39,400 | 40,607 | ||||||||||||||
Earnings as Defined: | |||||||||||||||||||||
Pretax Income | 989 | (2,608 | ) | (2,487 | ) | 4,584 | 6,303 | 3,950 | (7,441 | ) | |||||||||||
Add Fixed Charges—less dividends payable | 11,560 | 21,848 | 27,860 | 20,597 | 22,835 | 17,142 | 25,018 | ||||||||||||||
Earnings and Fixed Charges (B) | 12,549 | 19,240 | 25,373 | 25,181 | 29,138 | 21,092 | 17,577 | ||||||||||||||
Total Fixed Charges | 13,892 | 24,890 | 32,577 | 45,479 | 53,989 | 39,400 | 40,607 | ||||||||||||||
Ratio of Earnings to Fixed Charges | |||||||||||||||||||||
Insufficient to cover Fixed Charges | (1,343 | ) | (5,650 | ) | (7,204 | ) | (20,298 | ) | (24,851 | ) | (18,308 | ) | (23,030 | ) |
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