EXHIBIT 12.1
Goodman Global Holdings, Inc.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
| Year Ended December 31, | Six Months Ended June 30, | ||||||||||||||
| 2000 | 2001 | 2002 | 2003 | 2004 | 2004 | 2005 | |||||||||
Earnings: | |||||||||||||||
Pre-tax income (loss) from continuing operations | 74,888 | 53,775 | 67,692 | 89,111 | 42,644 | 59,969 | (6,605 | ) | |||||||
Fixed charges | 62,205 | 74,592 | 48,144 | 28,186 | 15,058 | 6,917 | 38,619 | ||||||||
Capitalized interest | — | — | — | — | — | — | (270 | ) | |||||||
Total adjustments | 62,205 | 74,592 | 48,144 | 28,186 | 15,058 | 6,917 | 38,349 | ||||||||
Earnings available for fixed charges | 137,093 | 128,367 | 115,836 | 117,297 | 57,702 | 66,886 | 31,744 | ||||||||
Fixed charges: | |||||||||||||||
Interest expense (including debt issuance costs amortized to interest expense) | 60,649 | 72,835 | 46,168 | 26,081 | 12,478 | 5,699 | 36,724 | ||||||||
Capitalized interest | — | — | — | — | — | — | 270 | ||||||||
Interest component of rent expense | 1,556 | 1,757 | 1,976 | 2,105 | 2,580 | 1,218 | 1,625 | ||||||||
Total fixed charges | 62,205 | 74,592 | 48,144 | 28,186 | 15,058 | 6,917 | 38,619 | ||||||||
Ratio of earnings to fixed charges | 2.2 | 1.7 | 2.4 | 4.2 | 3.8 | 9.7 | 0.8 | ||||||||