Exhibit 12.1
AMC NETWORKS INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
| Nine Months Ended September 30, | Years Ended December 31, | |||||||||||||||||||||||||||
| 2012 | 2011 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | 192,014 | $ | 162,485 | $ | 210,610 | $ | 206,262 | $ | 158,954 | $ | (17,844 | ) | $ | 27,600 | |||||||||||||
Fixed charges | 92,865 | 68,791 | 100,307 | 79,921 | 84,471 | 106,227 | 130,582 | |||||||||||||||||||||
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Total earnings as adjusted | $ | 284,879 | $ | 231,276 | $ | 310,917 | $ | 286,183 | $ | 243,425 | $ | 88,383 | $ | 158,182 | ||||||||||||||
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Fixed Charges: | ||||||||||||||||||||||||||||
Interest Expense (*) | $ | 89,190 | $ | 65,492 | $ | 95,870 | $ | 75,800 | $ | 79,778 | $ | 101,487 | $ | 126,676 | ||||||||||||||
Portion of rents representative of an interest factor | 3,675 | 3,299 | 4,437 | 4,121 | 4,693 | 4,740 | 3,906 | |||||||||||||||||||||
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Total fixed charges | $ | 92,865 | $ | 68,791 | $ | 100,307 | $ | 79,921 | $ | 84,471 | $ | 106,227 | $ | 130,582 | ||||||||||||||
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Ratio of Earnings to Fixed Charges | 3.1 | 3.4 | 3.1 | 3.6 | 2.9 | 0.8 | (a) | 1.2 | ||||||||||||||||||||
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| (a) | For the year ended December 31, 2008, earnings were insufficient to cover fixed charges by $17.8 million. |
| (*) | Interest expense includes the amortized premiums, discounts and capitalized expenses related to indebtedness. |