Exhibit 12.1
MARKET LEADER, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
COMBINED FIXED CHARGES AND PREFERRED DIVIDENDS TO EARNINGS
(unaudited)
| Nine Months Ended September 30, 2012 | Year Ended December 31, | |||||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||
| (in thousands, except ratios) | ||||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Pre-tax income (loss) from continuing operations | (6,589 | ) | (14,730 | ) | (15,050 | ) | (12,150 | ) | (12,331 | ) | (13,435 | ) | ||||||||||||
Assumed interest component of rental expense (1) | 202 | 251 | 186 | 221 | 353 | 438 | ||||||||||||||||||
Total earnings available for fixed charges | (6,387 | ) | (14,479 | ) | (14,864 | ) | (11,929 | ) | (11,978 | ) | (12,997 | ) | ||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Assumed interest component of rental expense (1) | 202 | 251 | 186 | 221 | 353 | 438 | ||||||||||||||||||
Total fixed charges | 202 | 251 | 186 | 221 | 353 | 438 | ||||||||||||||||||
Preferred Dividends: | ||||||||||||||||||||||||
Amount declared | — | — | — | — | — | — | ||||||||||||||||||
Ratio of earnings to fixed charges | — | — | — | — | — | — | ||||||||||||||||||
Deficiency of earnings to fixed charges | 6,589 | 14,730 | 15,050 | 12,150 | 12,331 | 13,435 | ||||||||||||||||||
Ratio of combined fixed charges and preferred dividends to earnings | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||
| (1) | Estimated as one-third of operating lease expense. |
