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Filing tables
Filing exhibits
- 10-K Annual report
- 4 Indenture
- 4 Form of Debentures
- 10 Term Loan Agreement
- 12 Computation of Ratio of Earnings to Fixed Charges
- 21 Potlatch Corporation Subsidiaries
- 23 Consent of Independent Registered Public Accounting Firm
- 24 Powers of Attorney
- 31 Rule 13A-14(A)/15(D)-14(A) Certifications
- 32 Furnished Statements of the Chief Executive Officer and Chief Financial Officer
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Exhibit (12)
POTLATCH CORPORATION
Computation of Ratio of Earnings to Fixed Charges
(In thousands)
2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||
Income from continuing operations before income taxes | $ | 59,403 | $ | 44,411 | $ | 44,871 | $ | 64,783 | $ | 47,742 | |||||
Add: | |||||||||||||||
Interest expense | 23,727 | 25,216 | 26,070 | 20,778 | 20,789 | ||||||||||
Interest portion of rental expense | 1,024 | 822 | 651 | 631 | 749 | ||||||||||
Discount and debt expense amortization | 1,974 | 2,817 | 1,836 | 1,214 | 649 | ||||||||||
Earnings available for fixed charges | 86,128 | 73,266 | 73,428 | 87,406 | 69,929 | ||||||||||
Fixed charges: | |||||||||||||||
Interest expense | 23,727 | 25,216 | 26,070 | 20,778 | 20,789 | ||||||||||
Capitalized interest | — | — | — | — | — | ||||||||||
Interest portion of rental expense | 1,024 | 822 | 651 | 631 | 749 | ||||||||||
Discount and debt expense amortization | 1,974 | 2,817 | 1,836 | 1,214 | 649 | ||||||||||
Total fixed charges | 26,725 | 28,855 | 28,557 | 22,623 | 22,187 | ||||||||||
Ratio of earnings to fixed charges | 3.2 | 2.5 | 2.6 | 3.9 | 3.2 |