Exhibit 12.1
Amounts presented in thousands
Fiscal Years Ended October, 31 | ||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
Earnings (loss): | ||||||||||||||||||||
Pre-tax (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees | $ | (37,607 | ) | $ | (34,032 | ) | $ | (31,010 | ) | $ | (45,080 | ) | $ | (52,424 | ) | |||||
Add: | ||||||||||||||||||||
Fixed Charges | 6,806 | 7,239 | 5,591 | 5,883 | 3,451 | |||||||||||||||
Amortization of previously capitalized interest | ||||||||||||||||||||
Less: | ||||||||||||||||||||
Preferred dividends | 3,200 | 3,200 | 3,201 | 3,200 | 3,201 | |||||||||||||||
Interest capitalized in the period | ||||||||||||||||||||
Earnings (loss) as adjusted | $ | (34,001 | ) | $ | (29,993 | ) | $ | (28,620 | ) | $ | (42,397 | ) | $ | (52,174 | ) | |||||
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Fixed charges: | ||||||||||||||||||||
Interest expense incurred | $ | 3,561 | $ | 3,973 | $ | 2,304 | $ | 2,578 | $ | 127 | ||||||||||
Estimate of interest within rental expense | 45 | 66 | 86 | 105 | 123 | |||||||||||||||
Less: interest capitalized in the period | ||||||||||||||||||||
Preferred dividends | 3,200 | 3,200 | 3,201 | 3,200 | 3,201 | |||||||||||||||
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Total fixed charges | $ | 6,806 | $ | 7,239 | $ | 5,591 | $ | 5,883 | $ | 3,451 | ||||||||||
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Ratio of earnings to fixed charges | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Coverage deficiency | $ | (40,807 | ) | $ | (37,232 | ) | $ | (34,211 | ) | $ | (48,280 | ) | $ | (55,625 | ) |