- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
CARDTRONICS, INC. AND SUBSIDIARIES
RATIOS OF EARNINGS TO FIXED CHARGES
(in thousands)
|
| Years ended December 31, |
| |||||||||||||||||
|
| 2013 |
|
| 2012 |
|
| 2011 |
|
| 2010 |
|
| 2009 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
EARNINGS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income (loss) before income taxes and cumulative effect of accounting changes (a) |
| $ | 65,834 |
|
| $ | 70,600 |
|
| $ | 57,057 |
|
| $ | 23,820 |
|
| $ | 9,522 |
|
Fixed charges (as outlined below) |
|
| 25,463 |
|
|
| 24,284 |
|
|
| 23,181 |
|
|
| 30,528 |
|
|
| 34,624 |
|
Total earnings, as defined |
| $ | 91,297 |
|
| $ | 94,884 |
|
| $ | 80,238 |
|
| $ | 54,348 |
|
| $ | 44,146 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FIXED CHARGES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest charges (b) |
| $ | 23,086 |
|
| $ | 22,057 |
|
| $ | 21,109 |
|
| $ | 35,954 |
|
| $ | 32,528 |
|
Less: Write-off unamortized debt issuance costs (c) |
|
| — |
|
|
| — |
|
|
| — |
|
|
| (7,296 | ) |
|
| — |
|
Interest component of rental expense |
|
| 2,377 |
|
|
| 2,227 |
|
|
| 2,072 |
|
|
| 1,870 |
|
|
| 2,096 |
|
Total fixed charges, as defined |
| $ | 25,463 |
|
| $ | 24,284 |
|
| $ | 23,181 |
|
| $ | 30,528 |
|
| $ | 34,624 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
| 3.59 | x |
|
| 3.91 | x |
|
| 3.46 | x |
|
| 1.78 | x |
|
| 1.28 |
|
Amount of earnings insufficient to cover fixed charges |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
(a) Amount represents Income (loss) before income taxes as reported in our Consolidated Statements of Operations plus net loss (income) attributable to noncontrolling interests. |
(b) Includes the amortization of debt discount and debt issuance costs. |
(c) Amounts included in interest charges line item above. As such, it is backed out separately from the computation of fixed charges. |