SEC Info - Motorcar Parts America Inc - ‘S-3’ on 9/13/11

Motorcar Parts America Inc – ‘S-3’ on 9/13/11 – EX-12.1

On: Tuesday, 9/13/11, at 7:52pm ET · As of: 9/14/11 · Accession #: 1140361-11-45708 · File #: 333-176824

As Of Filer Filing For·On·As Docs:Size Issuer Agent 9/14/11 Motorcar Parts America Inc S-3 9/13/11 6:995K Summit Fin’l Printing

Document/Exhibit Description Pages Size 1: S-3 Motorcar Parts of America, Inc S-3 9-13-2011 HTML 245K 2: EX-4.3 Instrument Defining the Rights of Security Holders HTML 317K 3: EX-5.1 Opinion re: Legality HTML 29K 4: EX-12.1 Statement re: Computation of Ratios HTML 37K 5: EX-23.1 Consent of Experts or Counsel HTML 8K 6: EX-23.2 Consent of Experts or Counsel HTML 10K

Exhibit 12.1

Motorcar Parts of America, Inc.
Statement of Computation of Ratios
(in thousands)		Three Months
		Ended June 30,			Year Ended March 31,
		2011			2011		2010		2009		2008		2007
	Earnings:
	Pre-tax income		(534	)(B)		20,029		14,928		6,446		7,303		(8,388	)
	Fixed charges		1,992			5,897		5,119		4,723		6,127		6,705
	Total		1,458			25,926		20,047		11,169		13,430		(1,683	)

	Fixed charges:
	Interest expense		1,932			5,595		4,710		4,215		5,514		5,996
	Estimate of the interest within rental expense		60			302		409		508		613		709
	Total		1,992			5,897		5,119		4,723		6,127		6,705

	Ratio of earnings to fixed charges		¾	(A)		4.40		3.92		2.36		2.19		¾	(A)

_________

(A)	Earnings were insufficient to cover fixed charges by approximately $534,000 for the three months ended June 30, 2011 and $8,388,000 for the year ended March 31, 2007

(B)	Pre-tax loss for the three months ended June 30, 2011 includes non-cash $2,702,000 of cost of goods sold related to the fair value step-up of inventory acquired as of May 6, 2011 and $1,543,000 of acquisition related costs in connection with the Fenco acquisition