QuickLinks -- Click here to rapidly navigate through this document
TRIUMPH GROUP, INC.
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
| Fiscal year ended March 31, | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||
EARNINGS AS DEFINED | ||||||||||||||||
Income from continuing operations, before income taxes | $ | 463,057 | $ | 437,577 | $ | 234,477 | $ | 126,455 | $ | 135,865 | ||||||
Fixed Charges | 81,713 | 91,805 | 94,771 | 35,296 | 26,334 | |||||||||||
TOTAL EARNINGS, AS DEFINED | $ | 544,770 | $ | 529,382 | $ | 329,248 | $ | 161,751 | $ | 162,199 | ||||||
FIXED CHARGES, AS DEFINED | ||||||||||||||||
Interest expense | $ | 64,105 | $ | 63,806 | $ | 67,604 | $ | 21,915 | $ | 13,388 | ||||||
Interest portion of rental expenses | 13,422 | 13,869 | 15,353 | 5,234 | 5,054 | |||||||||||
Amortization of capitalized expenses related to debt | 3,638 | 9,601 | 4,205 | 1,951 | 1,685 | |||||||||||
Accretion of debt discount | 548 | 4,529 | 7,609 | 6,196 | 6,207 | |||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 81,713 | $ | 91,805 | $ | 94,771 | $ | 35,296 | $ | 26,334 | ||||||
RATIO OF EARNINGS TO FIXED CHARGES | 6.7 | 5.8 | 3.5 | 4.6 | 6.2 |
TRIUMPH GROUP, INC. Computation of Ratio of Earnings to Fixed Charges (dollars in thousands)