EXHIBIT 12.1 | ||||||||||||||||||||||||
Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||||
Three Months Ended | ||||||||||||||||||||||||
Year Ended December 31, | March 31, | |||||||||||||||||||||||
2005 | 2006 | 2007 | 2008 | 2009 | 2010 | |||||||||||||||||||
(Dollars in Thousands) | ||||||||||||||||||||||||
Income (Loss) from Continuing Operations | $ | 3,468 | $ | 3,020 | $ | 2,922 | $ | (27,763 | ) | $ | 1,008 | $ | (748 | ) | ||||||||||
Plus: Income Taxes | 2,248 | 2,313 | 2,343 | (13,737 | ) | 2,958 | (539 | ) | ||||||||||||||||
Fixed Charges | 10,676 | 17,093 | 18,259 | 19,594 | 18,794 | 5,021 | ||||||||||||||||||
Earnings Available for Fixed Charges | 16,392 | 22,426 | 23,524 | (21,906 | ) | 22,760 | 3,734 | |||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest Expense | 10,273 | 16,687 | 17,837 | 18,918 | 18,083 | 4,701 | ||||||||||||||||||
Estimate Portion of Rental Expense Equivalent to Interest | 403 | 406 | 422 | 676 | 711 | 320 | ||||||||||||||||||
Total Fixed Charges | 10,676 | 17,093 | 18,259 | 19,594 | 18,794 | 5,021 | ||||||||||||||||||
Ratio of Earnings to Fixed Charges | 1.5 | 1.3 | 1.3 | -1.1 | 1.2 | 0.7 | ||||||||||||||||||
Calculation of Rental Expense Equivalent to Interest | ||||||||||||||||||||||||
Rental Expense | 1,209 | 1,217 | 1,265 | 2,028 | 2,132 | 959 | ||||||||||||||||||
Estimated % Equivalent to Interest | 33.3 | % | 33.3 | % | 33.3 | % | 33.3 | % | 33.3 | % | 33.3 | % | ||||||||||||
Estimate Portion of Rental Expense Equivalent to Interest | 403 | 406 | 422 | 676 | 711 | 320 |
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10-Q Filing
WCA Waste (WCAA) Inactive 10-Q2010 Q1 Quarterly report
Filed: 30 Apr 10, 12:00am