EXHIBIT 12
Gibraltar Industries Ratio of Fixed Charges | Year Ended December 31, 2008 | Year Ended December 31, 2009 | Year Ended December 31, 2010 | Year Ended December 31, 2011 | Year Ended December 31, 2012 | Three Months Ended March 31, 2012 | Three Months Ended March 31, 2013 | |||||||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||||||
Interest costs | 23,820 | 21,433 | 19,714 | 19,363 | 18,582 | 4,674 | 11,160 | |||||||||||||||||||||
Capitalized interest | 430 | 660 | 152 | 250 | 376 | 11 | 50 | |||||||||||||||||||||
FIN 48 Interest | 78 | (55 | ) | 13 | 38 | (74 | ) | — | — | |||||||||||||||||||
Portion of rental expense which represents interest | 3,292 | 3,119 | 2,082 | 2,536 | 2,621 | 544 | 544 | |||||||||||||||||||||
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Total fixed charges | 27,620 | 25,157 | 21,961 | 22,187 | 21,505 | 5,229 | 11,754 | |||||||||||||||||||||
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Earnings: | ||||||||||||||||||||||||||||
Pre-tax income | 39,245 | (58,183 | ) | (92,279 | ) | 16,885 | 22,167 | 2,380 | (5,898 | ) | ||||||||||||||||||
Net distributed (undistributed) earnings of equity investees | — | — | — | — | — | — | — | |||||||||||||||||||||
Capitalized interest | (430 | ) | (660 | ) | (152 | ) | (250 | ) | (376 | ) | 11 | 50 | ||||||||||||||||
Impairment charges | — | — | — | — | — | — | — | |||||||||||||||||||||
Fixed charges | 27,620 | 25,157 | 21,961 | 22,187 | 21,505 | 5,229 | 11,754 | |||||||||||||||||||||
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Total earnings | 66,435 | (33,686 | ) | (70,470 | ) | 38,822 | 43,296 | 7,620 | 5,906 | |||||||||||||||||||
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Ratio of earnings to fixed charges | 2.41 | — | — | 1.75 | 2.01 | 1.46 | — | |||||||||||||||||||||
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