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Content analysis
?Positive | ||
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H.S. freshman Avg
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Exhibit 12.1
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Ratio of Earnings to Fixed Charges | |||
(In thousands, except Ratio of Earnings to Fixed Charges) | |||
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|
|
|
| Three Months |
|
|
| Ended March |
|
|
| 31, 2018 |
|
Earnings (Loss) |
|
|
|
Loss before provision for income taxes and minority interest |
| $ (28,165) |
|
Fixed charges |
| 19,300 |
|
Minority interest in pre-tax income of subsidiaries with no fixed charges |
| - |
|
Loss as adjusted |
| $ (8,865) |
|
|
|
|
|
Fixed Charges |
|
|
|
Interest expense |
| $ 19,271 |
|
Portion of rental expense representative of the interest factor |
| 29 |
|
Total fixed charges |
| $ 19,300 |
|
|
|
|
|
Ratio of earnings to fixed charges (a) |
| - |
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|
|
|
(a) For the three months ended March 31, 2018 earnings were not sufficient to cover fixed charges by approximately $28.2 million. |