Exhibit 12.1
STATEMENT OF COMPUTATION OF RATIOS
RATIO OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratios of earnings to fixed charges on a historical basis for each of the periods presented. Our net losses were insufficient to cover fixed charges in each of the periods presented. Because of these deficiencies, the ratio information is not applicable for such periods.
Six Months Ended | ||||||||
June 30, 2013 | July 1, 2012 | |||||||
Ratio of earnings to fixed charges(1) | — | — |
(1) | For the six months ended June 30, 2013 and July 1, 2012 we had no earnings and, therefore, are unable to calculate the ratio of fixed charges to earnings. Our earnings for these periods were insufficient to cover fixed charges by $24.5 million and $6.8 million, respectively. The ratio of earnings to fixed charges and preferred stock dividends is the same as the ratio of earnings to fixed charges for the periods presented because no shares of preferred stock were outstanding during these periods. |