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Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
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H.S. sophomore Avg
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New words:
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Removed:
agreement, Allied, allocated, application, apply, assessment, augmenting, authorize, Bagdad, bargaining, broad, carried, chemical, collective, commodity, communicated, comparing, concluding, consultation, decline, driven, duration, effectively, eliminating, examining, expire, expired, extended, external, file, Forestry, framework, freeze, function, hard, hydrocarbon, idling, improve, involve, June, jurisdiction, matter, modestly, notice, November, ordinary, Paper, perform, permitted, predictable, predominantly, processed, project, proper, regression, relationship, remediated, renegotiation, replace, Rubber, September, settled, simplification, simplify, specific, stoppage, strike, submit, succeed, supervision, supplementing, sustain, team, terminated, test, testing, timely, transportation, union, unit, unprofitable, usage, USW, workforce
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Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
| Three Months Ended | |||
| March 31, 2018 | |||
| Income before income taxes | $ | 65.5 | |
| Loss recognized on less than fifty percent owned persons | 0.1 | ||
| Noncontrolling interest in the income of subsidiary with fixed charges | (2.5 | ) | |
| $ | 63.1 | ||
| Fixed Charges: | |||
| Interest expense | $ | 24.7 | |
| Portion of rents deemed to be interest | 2.0 | ||
| Capitalized interest | 0.9 | ||
| Amortization of debt expense | 0.9 | ||
| Fixed charges excluding capitalized interest | 28.5 | ||
| Earnings adjustments: | |||
| Capitalized interest | (0.9 | ) | |
| Earnings, as adjusted | $ | 90.7 | |
| Ratio of earnings to fixed charges | 3.2 | ||