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Calculation of Consolidated Ratios of Earnings to Fixed Charges
| | Fiscal Year Ended December 31, | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nine Months Ended September 30, 2016 | ||||||||||||||||||
('000) | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||
Pre-tax loss from continuing operations | (42,160 | ) | (55,961 | ) | (45,425 | ) | (47,307 | ) | (44,200 | ) | (29,982 | ) | |||||||
Fixed Charges: | |||||||||||||||||||
Interest expense | (61 | ) | (1,288 | ) | (336 | ) | (491 | ) | (2,940 | ) | (1,870 | ) | |||||||
Amortized debt discount | (43 | ) | (97 | ) | (24 | ) | (151 | ) | (487 | ) | (505 | ) | |||||||
Estimate of the interest within rental expense | (183 | ) | (295 | ) | (279 | ) | (383 | ) | (259 | ) | (94 | ) | |||||||
| | | | | | | | | | | | | | | | | | | |
Deficiency of earnings to fixed charges | (42,447 | ) | (57,641 | ) | (46,064 | ) | (48,332 | ) | (47,886 | ) | (32,451 | ) |
Calculation of Consolidated Ratios of Earnings to Fixed Charges