EXHIBIT 12.1 | ||||||||||||||||||||||||
Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||||
Three Months Ended | ||||||||||||||||||||||||
Year Ended December 31, | March 31, | |||||||||||||||||||||||
2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |||||||||||||||||||
(Dollars in Thousands) | ||||||||||||||||||||||||
Income (Loss) from Continuing Operations | $ | 3,020 | $ | 2,922 | $ | (27,763 | ) | $ | 1,008 | $ | 1,889 | $ | (511 | ) | ||||||||||
Plus: Income Taxes | 2,313 | 2,343 | (13,737 | ) | 2,958 | 1,915 | (794 | ) | ||||||||||||||||
Fixed Charges | 17,093 | 18,259 | 19,594 | 18,794 | 20,383 | 5,283 | ||||||||||||||||||
Earnings Available for Fixed Charges | 22,426 | 23,524 | (21,906 | ) | 22,760 | 24,187 | 3,978 | |||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest Expense | 16,687 | 17,837 | 18,918 | 18,083 | 19,046 | 4,965 | ||||||||||||||||||
Estimate Portion of Rental Expense Equivalent to Interest | 406 | 422 | 676 | 711 | 1,337 | 318 | ||||||||||||||||||
Total Fixed Charges | 17,093 | 18,259 | 19,594 | 18,794 | 20,383 | 5,283 | ||||||||||||||||||
Ratio of Earnings to Fixed Charges | 1.3 | 1.3 | -1.1 | 1.2 | 1.2 | 0.8 | ||||||||||||||||||
Calculation of Rental Expense Equivalent to Interest | ||||||||||||||||||||||||
Rental Expense | 1,217 | 1,265 | 2,028 | 2,132 | 4,012 | 953 | ||||||||||||||||||
Estimated % Equivalent to Interest | 33.3 | % | 33.3 | % | 33.3 | % | 33.3 | % | 33.3 | % | 33.3 | % | ||||||||||||
Estimate Portion of Rental Expense Equivalent to Interest | 406 | 422 | 676 | 711 | 1,337 | 318 |
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10-Q Filing
WCA Waste (WCAA) Inactive 10-Q2011 Q1 Quarterly report
Filed: 29 Apr 11, 12:00am