EXHIBIT 12.1
COMPUTATION OF EARNINGS TO FIXED CHARGES
InSight (Predecessor) | InSight Holdings | |||||||||||||||||||||||||||
Pro Forma | ||||||||||||||||||||||||||||
Period from | For Fiscal | |||||||||||||||||||||||||||
July 1 to | Year Ended | |||||||||||||||||||||||||||
Fiscal Years Ended June 30, | October 17, | Fiscal Years Ended June 30, | June 30, | |||||||||||||||||||||||||
2000 | 2001 | 2001 | 2002 | 2003 | 2004 | 2004 | ||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Pretax income (loss) from continuing operations | $ | 8,320 | $ | 16,425 | $ | (6,748 | ) | $ | 9 | $ | 8,188 | $ | 2,924 | $ | 2,102 | |||||||||||||
Fixed charges | 25,601 | 28,757 | 7,888 | 35,979 | 40,191 | 43,799 | 47,290 | |||||||||||||||||||||
Distributions received from unconsolidated partnerships | 450 | 970 | 134 | 965 | 1,009 | 2,054 | 2,054 | |||||||||||||||||||||
Less-Equity in earnings of unconsolidated partnerships | 817 | 971 | 382 | 437 | 1,744 | 2,181 | 2,181 | |||||||||||||||||||||
Total earnings | $ | 33,554 | $ | 45,181 | $ | 892 | $ | 36,516 | $ | 47,644 | $ | 46,596 | $ | 49,265 | ||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 19,379 | $ | 24,315 | $ | 6,536 | $ | 32,856 | $ | 7,738 | $ | 40,936 | $ | 43,683 | ||||||||||||||
Interest factor of rental expense | 6,222 | 4,442 | 1,352 | 3,123 | 2,453 | 2,863 | 3,607 | |||||||||||||||||||||
Total fixed charges | $ | 25,601 | $ | 28,757 | $ | 7,888 | $ | 35,979 | $ | 40,191 | $ | 43,799 | $ | 47,290 | ||||||||||||||
Ratio of Earnings to Fixed Charges | 1.3 | x | 1.6 | x | — | 1.0 | x | 1.2 | x | 1.1 | x | 1.0 | x |