SEC Info - SuccessFactors, Inc. - ‘S-3’ on 10/5/09

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SuccessFactors, Inc. – ‘S-3’ on 10/5/09 – EX-12.1

On: Monday, 10/5/09, at 6:05am ET · Accession #: 1193125-9-203038 · File #: 333-162326

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

10/05/09  SuccessFactors, Inc.              S-3                    6:1.2M                                   RR Donnelley/FA

Registration Statement for Securities Offered Pursuant to a Transaction — Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3         Registration Statement for Securities Offered       HTML    235K 
                          Pursuant to a Transaction                              
 2: EX-4.4      Form of Senior Indenture                            HTML    429K 
 3: EX-4.5      Form of Subordinated Indenture                      HTML    484K 
 4: EX-5.1      Opinion of Fenwick & West LLP                       HTML     29K 
 5: EX-12.1     Computation of Ratio of Earnings to Fixed Charges   HTML     25K 
 6: EX-23.2     Consent of Ernst & Young LLP, Independent           HTML      8K 
                          Registered Public Accounting Firm

EX-12.1 — Computation of Ratio of Earnings to Fixed Charges

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Computation of ratio of earnings to fixed charges

Exhibit 12.1

Computation of ratio of earnings to fixed charges:


	Six Months Ended June 30, 2009			Year Ended December 31,
	Six Months Ended June 30, 2009			2008			2007			2006			2005			2004
Pre-tax loss from continuing operations	$	(7,365	)	$	(64,188	)	$	(75,029	)	$	(32,004	)	$	(20,811	)	$	(5,212	)

Fixed charges:
Interest expense and amortization of debt issuance cost (1)		13			37			3,162			203			17			2
Rentals (33%) (2)		467			889			606			207			133			36

Total Fixed Charges		480			926			3,768			410			150			38

Pre-tax loss from continuing operations plus fixed charges	$	(6,885	)	$	(63,262	)	$	(71,261	)	$	(31,594	)	$	(20,661	)	$	(5,174	)

Ratio of Earnings to Fixed Charges		—			—			—			—			—			—

Deficit where ratio coverage less than 1:1	$	(7,365	)	$	(64,188	)	$	(75,029	)	$	(32,004	)	$	(20,811	)	$	(5,212	)

(1)	Excludes any interest expense on tax related items.

(2)	Represents that portion of operating lease rental expense that is an approximation of the interest factor and amortization of capitalized expenses related to indebtedness.

Due to losses incurred for the six months ended June 30, 2009 and years ended December 31, 2008, 2007, 2006, 2005 and 2004 we would have had to generate additional earnings of $7.4 million, $64.2 million, $75.0 million, $32.0 million, $20.8 million and $5.2 million, respectively, to achieve a coverage of 1:1.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘S-3’ Filing	Date	Other Filings

Filed on:	10/5/09	4
	6/30/09	10-Q, 4
	12/31/08	10-K, 4, 5
	12/31/07	10-K, 10-K/A
	12/31/06
	12/31/05
	12/31/04
		List all Filings

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Filing Submission 0001193125-09-203038 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)