SEC Info - Workday, Inc. - ‘S-3ASR’ on 6/1/17

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Workday, Inc. – ‘S-3ASR’ on 6/1/17 – ‘EX-12.1’

On: Thursday, 6/1/17, at 5:04pm ET · Effective: 6/1/17 · Accession #: 1193125-17-191312 · File #: 333-218426

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

 6/01/17  Workday, Inc.                     S-3ASR      6/01/17    5:621K                                   Donnelley … Solutions/FA

Automatic Shelf Registration Statement for Securities of a Well-Known Seasoned Issuer — Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3ASR      Automatic Shelf Registration Statement for          HTML    111K 
                          Securities of a Well-Known Seasoned                    
                          Issuer                                                 
 2: EX-4.5      Instrument Defining the Rights of Security Holders  HTML    312K 
 3: EX-5.1      Opinion re: Legality                                HTML     27K 
 4: EX-12.1     Statement re: Computation of Ratios                 HTML     18K 
 5: EX-23.1     Consent of Experts or Counsel                       HTML      6K

EX-12.1 — Statement re: Computation of Ratios

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

EX-12.1

Exhibit 12.1

Workday, Inc.

Computation of Ratio of Earnings to Fixed Charges

(in thousands)


	Year ended January 31,
	2017			2016			2015			2014			2013
Earnings
Loss before provision for (benefit from) income taxes	$	(409,092	)	$	(288,901	)	$	(245,972	)	$	(170,831	)	$	(119,066	)
Fixed charges		57,578			47,304			41,218			25,702			5,450
Interest capitalized		(3,328	)		(51	)		—			—			—

Total earnings as defined	$	(354,842	)	$	(241,648	)	$	(204,754	)	$	(145,129	)	$	(113,616	)


Fixed charges
Interest expense⁽¹⁾	$	8,566		$	8,547		$	8,972		$	6,519		$	1,363
Amortization of debt discount		24,864			23,435			22,088			13,099			—
Estimated interest component of rental expense ⁽²⁾		24,148			15,322			10,158			6,084			4,087

Total fixed charges as defined	$	57,578		$	47,304		$	41,218		$	25,702		$	5,450


Ratio of earnings to fixed charges		—			—			—			—			—

Deficiency of earnings available to cover fixed charges	$	414,420		$	288,952		$	245,972		$	170,831		$	119,066

⁽¹⁾

Interest expense includes amortization expense for debt issuance costs and capitalized interest.

⁽²⁾

One-third of net rent expense is the portion deemed representative of the interest factor.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘S-3ASR’ Filing	Date	Other Filings

Filed on / Effective on:	6/1/17	8-K
	1/31/17	10-K, 5
		List all Filings

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Filing Submission 0001193125-17-191312 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)