Exhibit 12.1
SYNIVERSE HOLDINGS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands)
| Successor | Predeccessor | |||||||||||||||||||||||||||||||
| Six Months Ended | Year Ended | |||||||||||||||||||||||||||||||
| Period from January 13 to June 30, 2011 |
Period from January 1 to January 12, 2011 |
June 30, 2010 |
December 31, 2010 |
December 31, 2009 |
December 31, 2008 |
December 31, 2007 |
December 31, 2006 |
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| (unaudited) | (unaudited) | (unaudited) | ||||||||||||||||||||||||||||||
| Net income (loss) |
$ | (29,075 | ) | $ | (30,767 | ) | $ | 42,065 | $ | 92,619 | $ | 65,677 | $ | 78,464 | $ | 52,419 | $ | 89,724 | ||||||||||||||
| Provision for (benefit from) income taxes |
(14,601 | ) | (13,664 | ) | 26,826 | 52,728 | 40,465 | 46,797 | 31,310 | (39,574 | ) | |||||||||||||||||||||
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| Income (loss) before income taxes |
$ | (43,676 | ) | $ | (44,431 | ) | 68,891 | 145,347 | 106,142 | 125,261 | 83,729 | 50,150 | ||||||||||||||||||||
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| Fixed charges: |
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| Interest expensed |
$ | 55,740 | $ | 803 | 12,785 | 25,422 | 27,163 | 35,504 | 24,429 | 26,194 | ||||||||||||||||||||||
| Amortization of deferred financing costs and discount |
3,498 | 56 | 871 | 1,715 | 1,727 | 1,742 | 1,174 | 1,134 | ||||||||||||||||||||||||
| Estimated interest factor on operating leases |
935 | 75 | 1,045 | 1,924 | 1,404 | 1,307 | 1,037 | 1,006 | ||||||||||||||||||||||||
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| Total fixed charges |
60,173 | 934 | 14,701 | 29,061 | 30,294 | 38,553 | 26,640 | 28,334 | ||||||||||||||||||||||||
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| Earnings: |
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| Income (loss) before income taxes |
(43,676 | ) | (44,431 | ) | 68,891 | 145,347 | 106,142 | 125,261 | 83,729 | 50,150 | ||||||||||||||||||||||
| Fixed charges |
60,173 | 934 | 14,701 | 29,061 | 30,294 | 38,553 | 26,640 | 28,334 | ||||||||||||||||||||||||
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| Total earnings |
$ | 16,497 | $ | (43,497 | ) | $ | 83,592 | $ | 174,408 | $ | 136,436 | $ | 163,814 | $ | 110,369 | $ | 78,484 | |||||||||||||||
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| Ratio of earnings to fixed charges |
— | (a) | — | (b) | 5.69 | 6.00 | 4.50 | 4.25 | 4.14 | 2.77 | ||||||||||||||||||||||
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| (a) | For the Successor period January 13 to June 30, 2011, earnings were insufficient to cover fixed charges by $43,676 |
| (b) | For the Predeccessor period January 1 to January 12, 2011, earnings were insufficient to cover fixed charges by $44,431 |