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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
6th grade Avg
|
- 10-K Annual report
- 12 EX-12.RATIO of Earnings to Fixed Charges
- 21 EX-21. Subsidiaries
- 23.1 EX-23.1. Consent KPMG
- 23.2 EX-23.2. Consent Moss Adams
- 23.3 EX-23.3. Consent PWC
- 31.1 EX-31.1. Section 302 Certification
- 31.2 EX-31.2. Section 302 Certification
- 32 EX-32. Section 1350 Certification
- 99.1 EX-99.1. Financial Statements Classified Ventures LLC
- 99.2 EX-99.2. Financial Statements Wanderful Media LLC
- Download Excel data file
- View Excel data file
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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| Years Ended December 31, | |||||||||||||
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In thousands |
| 2015 |
| 2014 |
| 2013 |
| 2012 |
| 2011 | |||||
Fixed Charges: |
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Interest |
| $ | — |
| $ | — |
| $ | 311 |
| $ | 629 |
| $ | 668 |
Portion of rental expense representative of the interest factor (1) |
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| 619 |
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| 575 |
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| 604 |
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| 628 |
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| 997 |
Total Fixed Charges |
| $ | 619 |
| $ | 575 |
| $ | 915 |
| $ | 1,257 |
| $ | 1,665 |
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Earnings (loss) before tax: |
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Income from continuing operations before income taxes |
| $ | (19,764) |
| $ | 91,985 |
| $ | 3,376 |
| $ | 6,900 |
| $ | (3,233) |
Add: Total fixed charges |
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| 619 |
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| 575 |
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| 915 |
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| 1,257 |
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| 1,665 |
Less: Net loss attributable to noncontrolling interests |
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| (415) |
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| (152) |
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| (193) |
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| (107) |
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| — |
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Total Earnings Available for Fixed Charges |
| $ | (18,730) |
| $ | 92,712 |
| $ | 4,484 |
| $ | 8,264 |
| $ | (1,568) |
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Ratio of Earnings to Fixed Charges(2) |
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| 161.2 |
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| 4.9 |
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| 6.6 |
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(1) | For purposes of calculating fixed charges, an interest factor of one-third was applied to total rental expense. |
(2) | Adjusted earnings for the years ended December 31, 2015 and 2011 were not sufficient to provide for fixed charges. |
(3) | For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings includes a charge of $1,988 related to the withdrawal from a defined benefit plan of the former parent company. Adjusted earnings are not sufficient to provide for fixed charges. |