Waste Connections Inactive 10-K2005 FY Annual report

Filed: 2 Mar 06, 12:00am

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New words: affirmed, App, appearingunder, arbitrary, Army, Bremby, buy, CDC, Chaparral, CI, Circuit, Clark, compensatory, complaining, conspiracy, Council, Ct, Dalton, deficient, Dev, Envtl, error, guidance, hearing, Holland, importantly, inconsequential, indexpresent, inInternal, intent, intention, intervened, Jack, jury, KDHE, Liberty, lived, merit, misrepresentation, misrepresented, NMSC, nonmonetary, nonprofit, nullified, nullify, Operationally, oral, overdraft, platform, proffered, proven, Quanta, question, reconsider, reinstated, remanded, Rhino, Roderick, saved, schedulebased, Shawnee, social, stay, strictly, sue, suit, Sumner, Tippah, treasury, uncollateralized, unexercisable, unpredictable, unsupported, verdict, wrongfully, wrote

Removed: applying, authorizing, beneficiary, Boston, cancelled, Central, citizen, collision, compacting, Conservation, constructing, conventional, coordinating, created, cubic, dated, deem, determining, difficulty, diverted, earth, economically, enacting, Ernst, excavating, feasible, gaining, gallon, Ginsburg, hiring, inert, infrastructure, joined, largely, legislature, listing, monthly, overlapping, overseen, Pierce, predominantly, reclassification, released, relocation, repaid, repeatedly, Resource, slower, smaller, Southwest, spreading, statute, strike, unconditional, unconsolidated, write, Young

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                                                                   Years Ended December 31,
                                                      -----------------------------------------------------
                                                        2001       2002       2003       2004       2005
                                                      ---------  ---------  ---------  ---------  ---------
Earnings:
    Income before income taxes                       $  50,385  $  87,700  $ 103,340  $ 115,609  $ 132,588
    Plus: fixed charges per below                       30,645     33,284     33,513     23,999     26,547
    Less: capitalized interest per below                   213        218         29        167        432
    Plus:  current period amortization of interest
               capitalized in prior periods                  4          9          9         13         21
                                                      ---------  ---------  ---------  ---------  ---------
    Total earnings                                   $  80,821  $ 120,775  $ 136,833  $ 139,454  $ 158,724
                                                      =========  =========  =========  =========  =========
Fixed charges
    Interest expense                                 $  29,597  $  31,372  $  31,666  $  21,724  $  23,489
    Capitalized interest                                   213        218         29        167        432
    Interest portion of rent expense                       835      1,694      1,818      2,108      2,626
                                                      ---------  ---------  ---------  ---------  ---------
    Total fixed charges                              $  30,645  $  33,284  $  33,513  $  23,999  $  26,547
                                                      =========  =========  =========  =========  =========

Ratio of earnings to fixed charges                         2.6        3.6        4.1        5.8        6.0
                                                      =========  =========  =========  =========  =========