Exhibit 12.1
MONITRONICS INTERNATIONAL, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
Fiscal Year Ended | |||||||||||||
June 30, 2000 Restated | June 30, 2001 Restated | June 30, 2002 Restated | June 30, 2003 Restated | June 30, 2004 | |||||||||
Fixed Charges as Defined: | |||||||||||||
Deferred Finance Charges | 423 | 524 | 1,205 | 1,777 | 2,221 | ||||||||
Interest Expense | 21,325 | 27,160 | 19,183 | 20,838 | 31,598 | ||||||||
Rent | 100 | 176 | 209 | 220 | 176 | ||||||||
Total Fixed Charges (A) | 21,848 | 27,860 | 20,597 | 22,835 | 33,995 | ||||||||
Earnings as Defined: | |||||||||||||
Pretax Income | (2,608 | ) | (2,487 | ) | 4,584 | 6,304 | (7,268 | ) | |||||
Add Fixed Charges | 21,848 | 27,860 | 20,597 | 22,835 | 33,995 | ||||||||
Earnings and Fixed Charges (B) | 19,240 | 25,373 | 25,181 | 29,139 | 26,727 | ||||||||
Ratio of earnings to fixed charges (B/A) | 1.22 | 1.28 | |||||||||||
Insufficient to cover fixed charges (B-A) | (2,608 | ) | (2,487 | ) | (7,268 | ) |
MONITRONICS INTERNATIONAL, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
INCLUDING DIVIDENDS PAYABLE
(DOLLARS IN THOUSANDS)
Fiscal Year Ended | |||||||||||||||
June 30, 2000 Restated | June 30, 2001 Restated | June 30, 2002 Restated | June 30, 2003 Restated | June 30, 2004 | |||||||||||
Fixed Charges as Defined: | |||||||||||||||
Deferred Finance Charges | 423 | 524 | 1,205 | 1,777 | 2,221 | ||||||||||
Interest Expense | 21,325 | 27,160 | 19,183 | 20,838 | 31,598 | ||||||||||
Dividends Payable | 2,940 | 4,603 | 24,689 | 30,940 | 21,018 | ||||||||||
Amort of accretion | 102 | 114 | 193 | 214 | 217 | ||||||||||
Rent | 100 | 176 | 209 | 220 | 176 | ||||||||||
Total Fixed Charges (A) | 24,890 | 32,577 | 45,479 | 53,989 | 55,230 | ||||||||||
Earnings as Defined: | |||||||||||||||
Pretax Income | (2,608 | ) | (2,487 | ) | 4,584 | 6,303 | (7,268 | ) | |||||||
Add fixed charges less dividends payable | 21,848 | 27,860 | 20,597 | 22,835 | 33,995 | ||||||||||
Adj Earnings | 19,240 | 25,373 | 25,181 | 29,138 | 26,727 | ||||||||||
Total Fixed Charges (B) | 24,890 | 32,577 | 45,479 | 53,989 | 55,230 | ||||||||||
Ratio of earnings to fixed charges (B/A) | |||||||||||||||
Insufficient to cover fixed charges (B-A) | (5,650 | ) | (7,204 | ) | (20,298 | ) | (24,851 | ) | (28,503 | ) |