Exhibit 12.1
QUANTUM CORPORATION
EXHIBIT 12.1
STATEMENT OF COMPUTATION OF RATIOS
OF EARNINGS TO FIXED CHARGES
| (in thousands) |
For the year ended March 31, | |||||||||||||||||||
| 2007 | 2006 | 2005 | 2004 | 2003 | ||||||||||||||||
| Loss from continuing operations before income taxes |
$ | (59,156 | ) | $ | (40,081 | ) | $ | (12,135 | ) | $ | (30,957 | ) | $ | (137,173 | ) | |||||
| Add fixed charges |
46,545 | 15,789 | 16,907 | 23,709 | 30,486 | |||||||||||||||
| Earnings (as defined) |
$ | (12,611 | ) | $ | (24,292 | $ | (4,772 | ) | $ | (7,248 | ) | $ | (106,687 | ) | ||||||
| Fixed charges |
||||||||||||||||||||
| Interest expense |
$ | 40,748 | $ | 9,976 | $ | 11,212 | $ | 17,617 | $ | 24,419 | ||||||||||
| Amortization of debt issuance costs |
(i | ) | (i | ) | (i | ) | (i | ) | (i | ) | ||||||||||
| Estimated interest component of rent expenses |
5,797 | 5,813 | 5,695 | 6,092 | 6,067 | |||||||||||||||
| Total fixed charges |
$ | 46,545 | $ | 15,789 | $ | 16,907 | $ | 23,709 | $ | 30,486 | ||||||||||
| Ratio of earnings to fixed charges |
Note (ii) | Note (ii) | Note (ii) | Note (ii) | Note (ii) | |||||||||||||||
| (i) | In all years presented, the amortization of debt issuance costs is included in interest expense. |
| (ii) | Earnings, as defined, were insufficient to cover fixed charges by $59.2 million, $40.1 million, $12.1 million, $31.0 million, and $137.2 million for fiscal years 2007, 2006, 2005, 2004, and 2003, respectively. |