Exhibit 12.1
DynCorp International LLC
Exhibit 12.1 - Statement Regarding Computation of Ratios -
Fixed Charge Coverage Ratio
(Dollars in thousands)
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| Original Predecessor Period |
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| Immediate Predecessor Period |
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| Successor Period |
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| Fiscal Year |
| March 30, |
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| 21 Days |
| Fiscal Year |
| April 3, |
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| 49 Days |
| Fiscal Year |
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Income (loss) from continuing operations before income taxes |
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| $ | 32,239 |
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| $ | 30,839 |
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| $ | 2,081 |
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| $ | 51,284 |
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| $ | 94,689 |
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| $ | (862 | ) |
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| $ | 45,012 |
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Computation of fixed charges: |
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Interest expense and amortization of debt issue costs on all indebtedness |
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| — |
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| — |
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| — |
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| — |
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| — |
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| 8,054 |
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| 56,686 |
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Interest factor on rent expense(1) |
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| 2,980 |
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| 2,851 |
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| 168 |
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| 6,529 |
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| 3,757 |
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| 583 |
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| 18,058 |
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Total fixed charges |
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| 2,980 |
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| 2,851 |
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| 168 |
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| 6,529 |
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| 3,757 |
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| 8,637 |
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| 74,744 |
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Income from continuing operations before income taxes and fixed charges |
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| $ | 35,219 |
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| $ | 33,690 |
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| $ | 2,249 |
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| $ | 57,813 |
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| $ | 98,446 |
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| $ | 7,775 |
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| $ | 119,756 |
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Ratio of earnings to fixed charges |
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| 11.8 |
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| 11.8 |
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| 13.4 |
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| 8.9 |
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| 26.2 |
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| 0.9 |
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| 1.6 |
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(1) Amount included in fixed charges for rentals is considered by management to be a reasonable approximation of the interest factor.