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DynCorp International LLC
Exhibit 12.1 – Statement Regarding Computation of Ratios –
Fixed Charge Coverage Ratio
| | | | | | | | | Original Predecessor | |||||||||||||||||
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| Successor | | Immediate Predecessor | | ||||||||||||||||||||||
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| Fiscal Year Ended | | | | | | ||||||||||||||||||||
| | | | | | |||||||||||||||||||||
| 49 Days Ended April 1, 2005 | April 3, 2004 to Feb 11, 2005 | Fiscal Year Ended April 2, 2004 | 21 Days Ended March 28, 2003 | March 30, 2002 to March 7, 2003 | |||||||||||||||||||||
(Dollars in thousands) | March 30, 2007 | March 31, 2006 | | | ||||||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | 56,291 | $ | 45,012 | $ | (862) | $ | 94,689 | $ | 51,284 | $ | 2,081 | $ | 30,839 | ||||||||||||
Computation of fixed charges: | ||||||||||||||||||||||||||
Interest expense and amortization of debt issue costs on all indebtedness | 61,896 | 56,686 | 8,054 | – | – | – | – | |||||||||||||||||||
Interest factor on rent expense(1) | 16,765 | 18,058 | 583 | 3,757 | 6,529 | 168 | 2,851 | |||||||||||||||||||
Total fixed charges | 78,661 | 74,744 | 8,637 | 3,757 | 6,529 | 168 | 2,851 | |||||||||||||||||||
Income from continuing operations before income taxes and fixed charges | $ | 134,952 | $ | 119,756 | $ | 7,775 | $ | 98,446 | $ | 57,813 | $ | 2,249 | $ | 33,690 | ||||||||||||
Ratio of earnings to fixed charges | 1.7 | 1.6 | 0.9 | 26.2 | 8.9 | 13.4 | 11.8 | |||||||||||||||||||
- (1)
- Amount included in fixed charges for rentals is considered by management to be a reasonable approximation of the interest factor.
DynCorp International LLC Exhibit 12.1 – Statement Regarding Computation of Ratios – Fixed Charge Coverage Ratio