Exhibit 12.1
Coinstar, Inc.
Computation of Ratio of Earnings to Fixed Charges
2002 | 2001 | 2000 | 1999 | 1998 | ||||||||||||||
Earnings: | ||||||||||||||||||
Net income (loss) from continuing operations | $ | 62,455 | $ | 1,741 | $ | (9,854 | ) | $ | (15,711 | ) | $ | (2,397 | ) | |||||
Add Back Fixed Charges: | ||||||||||||||||||
Interest expense including amortization of deferred financing costs |
| 3,710 |
| 8,302 |
| 8,517 |
|
| 11,164 |
|
| 10,817 |
| |||||
Assumed interest component of rent expense(1) |
| 475 |
| 477 |
| 469 |
|
| 450 |
|
| 455 |
| |||||
Total fixed charges |
| 4,185 |
| 8,779 |
| 8,986 |
|
| 11,614 |
|
| 11,272 |
| |||||
Adjusted earnings (loss) | $ | 66,640 | $ | 10,520 | $ | (868 | ) | $ | (4,097 | ) | $ | 8,875 |
| |||||
Ratio of earnings (deficiency) to fixed charges |
| 15.92 |
| 1.20 |
| (0.10 | ) |
| (0.35 | ) |
| 0.79 |
| |||||
Deficiency of earnings to fixed charges |
| — |
| — | $ | 9,854 |
| $ | (15,711 | ) | $ | (2,397 | ) | |||||
| (1) | Estimated as one-third of operating lease expenses |