Exhibit 12.1
QUANTUM CORPORATION
STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
| For the year ended March 31, | ||||||||||||||||||||
| (In thousands) |
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||
| Loss from continuing operations before income taxes |
$ | (359,145 | ) | $ | (60,716 | ) | $ | (59,156 | ) | $ | (40,081 | ) | $ | (12,135 | ) | |||||
| Add fixed charges |
34,389 | 64,337 | 46,545 | 15,789 | 16,907 | |||||||||||||||
| Earnings (as defined) |
$ | (324,756 | ) | $ | 3,621 | $ | (12,611 | ) | $ | (24,292 | ) | $ | (4,772 | ) | ||||||
| Fixed charges: |
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| Interest expense |
$ | 29,261 | $ | 58,627 | $ | 40,748 | $ | 9,976 | $ | 11,212 | ||||||||||
| Amortization of debt issuance costs |
(i | ) | (i | ) | (i | ) | (i | ) | (i | ) | ||||||||||
| Estimated interest component of rent expenses |
5,128 | 5,710 | 5,797 | 5,813 | 5,695 | |||||||||||||||
| Total fixed charges |
$ | 34,389 | $ | 64,337 | $ | 46,545 | $ | 15,789 | $ | 16,907 | ||||||||||
| Ratio of earnings to fixed charges |
(ii | ) | (ii | ) | (ii | ) | (ii | ) | (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 $359.1 million, $60.7 million, $59.2 million, $40.1 million, and $12.1 million for fiscal 2009, 2008, 2007, 2006, and 2005, respectively. |