Exhibit 12.1
COOPER STANDARD HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollars in millions)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Predecessor | | | Successor | |||||||||||||||||||||||||||||||||||||
| | December 31, 2003 | | | January 1 to December 23, 2004 | | | December 24 to December 31, 2004 | | | Combined 2004 | | | December 31, 2005 | | | December 31, 2006 | | | December 31, 2007 | ||||||||||||||||||||||
| Earnings (loss) from continuing operations before income taxes, adjustment for minority interests in consolidated subsidiaries and income or loss from equity investments | | | | | 91.6 | | | | | | 117.3 | | | | | | (6.3 | ) | | | | | 111.0 | | | | | | 9.6 | | | | | | (15.0 | ) | | | | | (119.6 | ) |
| Plus: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||
| Fixed charges | | | | | 11.9 | | | | | | 9.1 | | | | | | 5.8 | | | | | | 15.0 | | | | | | 71.6 | | | | | | 92.9 | | | | | | 104.8 | |
| Earnings available for fixed charges | | | | | 103.5 | | | | | | 126.4 | | | | | | (0.5 | ) | | | | | 126.0 | | | | | | 81.2 | | | | | | 77.9 | | | | | | (14.8 | ) |
| Fixed charges | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||
| Interest expenses | | | | | 7.6 | | | | | | 4.2 | | | | | | 5.8 | | | | | | 10.0 | | | | | | 66.6 | | | | | | 87.1 | | | | | | 97.4 | |
| Estimated interest factor for rentals | | | | | 4.3 | | | | | | 4.9 | | | | | | 0.0 | | | | | | 4.9 | | | | | | 5.0 | | | | | | 5.8 | | | | | | 7.4 | |
| Fixed charges | | | | | 11.9 | | | | | | 9.1 | | | | | | 5.8 | | | | | | 15.0 | | | | | | 71.6 | | | | | | 92.9 | | | | | | 104.8 | |
| Ratio of earnings to fixed charges | | | | | 8.7 | x | | | | | 13.9 | x | | | | | — | | | | | | 8.4 | x | | | | | 1.1 | x | | | | | — | | | | | | — | |
| Deficiency | | | | | | | | | | | | | | | — | | | | | | | | | | | | | | | | — | | | | | | — | | ||||