Exhibit 12.1
Nine Months Ending September 30, 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||
| (in thousands except ratios) | ||||||||||||||||||||||||
| Earnings: | ||||||||||||||||||||||||
| (Loss) income before income tax | (5,702 | ) | (8,313 | ) | (40,414 | ) | (13,436 | ) | (15,875 | ) | (2,346 | ) | ||||||||||||
| Add: | ||||||||||||||||||||||||
| Fixed Charges | 969 | 2,902 | 2,802 | 2,622 | 2,447 | 2,351 | ||||||||||||||||||
| Adjusted Earnings | (4,733 | ) | (5,411 | ) | (37,612 | ) | (10,814 | ) | (13,428 | ) | 5 | |||||||||||||
| Fixed Charges: | ||||||||||||||||||||||||
| Interest Expense | 948 | 2,876 | 2,767 | 2,563 | 2,380 | 2,303 | ||||||||||||||||||
| Interest within Rent Expense | 21 | 26 | 35 | 59 | 67 | 48 | ||||||||||||||||||
| Total Fixed Charges | 969 | 2,902 | 2,802 | 2,622 | 2,447 | 2,351 | ||||||||||||||||||
| Earnings to Fixed Charges | (4.9 | ) | (1.9 | ) | (13.4 | ) | (4.1 | ) | (5.5 | ) | 0.0 | |||||||||||||
| Lease Expense | 611 | 1,033 | 1,515 | 1,936 | 1,881 | 1,460 | ||||||||||||||||||
| Interest Rate on LOC | 4.23 | % | 2.62 | % | 2.43 | % | 2.15 | % | 3.92 | % | 3.25 | % | ||||||||||||
