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Content analysis
?Positive | ||
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Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Good
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- 10-K Annual report
- 10.3 Exhibit 10.3
- 10.12 Exhibit 10.12
- 10.18 Exhibit 10.18
- 10.19 Exhibit 10.19
- 10.22 Exhibit 10.22
- 10.25 Exhibit 10.25
- 10.34 Exhibit 10.34
- 10.37 Exhibit 10.37
- 10.38 Exhibit 10.38
- 10.39 Exhibit 10.39
- 12.1 Exhibit 12.1
- 21.1 Exhibit 21.1
- 23.1 Exhibit 23.1
- 31.1 Exhibit 31.1
- 31.2 Exhibit 31.2
- 32.1 Exhibit 32.1
- 99.9 Exhibit 99.9
- 99.10 Exhibit 99.10
- 99.11 Exhibit 99.11
- 99.15 Exhbit 99.15
- 99.19 Exhibit 99.19
Exhibit 12.1
FIVE STAR QUALITY CARE, INC.
Computation of Ratio of Earnings to Fixed Charges
(in thousands except ratios)
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| Year ended December 31, |
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| 2009 |
| 2008 |
| 2007 |
| 2006 |
| 2005 |
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Consolidated earnings (loss) |
| $ | 176,728 |
| $ | 129,645 |
| $ | 134,916 |
| $ | (19,153 | ) | $ | (5,604 | ) |
Consolidated fixed charges |
| 135,275 |
| 127,638 |
| 107,494 |
| 90,612 |
| 74,473 |
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Ratio of consolidated earnings to fixed charges |
| 1.3x |
| 1.0x |
| 1.3x |
| N/M |
| N/M |
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Deficiency |
| — |
| — |
| — |
| 109,765 |
| 80,077 |
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Calculation of consolidated earnings (loss): |
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Consolidated income (loss) from continuing operations before income tax |
| $ | 41,453 |
| $ | 2,007 |
| $ | 27,422 |
| $ | (109,765 | ) | $ | (80,077 | ) |
Consolidated fixed charges |
| 135,275 |
| 127,638 |
| 107,494 |
| 90,612 |
| 74,473 |
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Consolidated earnings (loss) |
| $ | 176,728 |
| $ | 129,645 |
| $ | 134,916 |
| $ | (19,153 | ) | $ | (5,604 | ) |
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Calculation of fixed charges: |
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Interest expense |
| $ | 4,235 |
| $ | 6,070 |
| $ | 6,335 |
| $ | 3,791 |
| $ | 3,045 |
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Estimated interest component of rent expense |
| 130,910 |
| 121,301 |
| 100,692 |
| 86,248 |
| 70,841 |
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Amortization of debt discounts / premium |
| — |
| 34 |
| 49 |
| 191 |
| 193 |
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Amortization of capitalized deferred finance costs |
| 130 |
| 233 |
| 418 |
| 382 |
| 394 |
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Fixed charges |
| $ | 135,275 |
| $ | 127,638 |
| $ | 107,494 |
| $ | 90,612 |
| $ | 74,473 |
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