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Filing tables
Filing exhibits
- S-4 Registration of securities issued in business combination transactions
- 3.1.1 Amended and Restated Certificate of Incorporation
- 3.1.2.1 Articles of Incorporation
- 3.1.2.2 Articles of Amendment to the Articles of Incorporation
- 3.1.3 Articles of Organization
- 3.1.4 Articles of Organization
- 3.1.5 Articles of Organization
- 3.1.6 Articles of Organization
- 3.2.1 By-laws
- 3.2.2 By-laws
- 3.2.3 Operating Agreement
- 3.2.4 Operating Agreement
- 3.2.5 Operating Agreement
- 3.2.6 Operating Agreement
- 4.1.1 Indenture
- 4.1.2 First Supplemental Indenture
- 4.2 Registration Rights Agreement
- 5.1 Opinion of Dla Piper LLP (Us)
- 10.1 Executive Long Term Incentive Plan
- 10.2 Executive Bonus Agreement
- 10.3 First Amendment to Executive Bonus Agreement
- 10.4 Executive Bonus Agreement
- 10.5 First Amendment to Executive Bonus Agreement
- 10.6 Executive Bonus Agreement
- 10.7 First Amendment to Executive Bonus Agreement
- 10.8.1 Director and Officer Indemnity Agreement
- 10.8.2 Director and Officer Indemnity Agreement
- 10.9.1 Third Amended and Restated Loan and Security Agreement
- 10.9.2 Amendment No. 1 to Third Amended and Restated Loan & Security Agreement
- 10.9.3 Amendment No. 2 to Third Amended and Restated Loan & Security Agreement
- 10.9.4 Amendment No. 3 to Third Amended and Restated Loan & Security Agreement
- 10.9.5 Amendment No. 4 to Third Amended and Restated Loan & Security Agreement
- 10.9.6 Amendment No. 5 to Third Amended and Restated Loan & Security Agreement
- 10.10 Third Amended and Restated Loan and Servicing Agreement
- 10.11 Loan and Servicing Agreement
- 10.12.1 Loan and Servicing Agreement
- 10.12.2 Amendment No. 1 to Loan and Servicing Agreement
- 10.13.1 Loan and Servicing Agreement
- 10.13.2 Amendment No. 1 to Loan and Servicing Agreement
- 10.13.3 Amendment No. 2 to Loan and Servicing Agreement
- 12.1 Computation of Ratio of Earnings to Fixed Charges
- 21.1 Subsidiaries of the Registrants
- 23.1 Consent of Grant Thornton LLP
- 25 Statement of Eligibility on Form T-1
- 99.1 Letter of Transmittal
- 99.2 Notice of Guaranteed Delivery
- 99.3 Letter to Clients
- 99.4 Letter to Brokers
Drivetime Automotive similar filings
- 22 Dec 10 Registration of securities issued in business combination transactions (amended)
- 18 Nov 10 Registration of securities issued in business combination transactions (amended)
- 19 Oct 10 Registration of securities issued in business combination transactions (amended)
- 4 Oct 10 Registration of securities issued in business combination transactions
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Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
The following table sets forth DriveTime’s ratio of earnings to fixed charges for the periods indicated:
Year Ended December 31, | Three Months Ended | Six Months Ended | |||||||||||||||||||
2005 | 2006 | 2007 | 2008 | 2009 | June 30, 2010 | ||||||||||||||||
($ in thousands) | |||||||||||||||||||||
Net Income (loss) | 83,040 | 86,106 | 71,895 | (280 | ) | 51,997 | 19,322 | 52,605 | |||||||||||||
Add: Income taxes | 1,134 | (1,426 | ) | 1,000 | 1,090 | 730 | 450 | 800 | |||||||||||||
Add: Fixed charges | 43,146 | 64,042 | 83,694 | 102,772 | 115,946 | 29,948 | 56,999 | ||||||||||||||
Less: Interest capitalized | (193 | ) | (407 | ) | (300 | ) | (83 | ) | (105 | ) | (17 | ) | (32 | ) | |||||||
Earnings | 127,127 | 148,315 | 156,289 | 103,499 | 168,568 | 49,703 | 110,372 | ||||||||||||||
Total interest expense | 37,651 | 57,824 | 76,701 | 97,082 | 110,666 | 28,498 | 54,239 | ||||||||||||||
Interest component of rent expense-estimated | 5,302 | 5,811 | 6,693 | 5,607 | 5,175 | 1,433 | 2,728 | ||||||||||||||
Interest capitalized | 193 | 407 | 300 | 83 | 105 | 17 | 32 | ||||||||||||||
Total fixed charges | 43,146 | 64,042 | 83,694 | 102,772 | 115,946 | 29,948 | 56,999 | ||||||||||||||
Ratio of earnings to fixed charges(1) | 2.9x | 2.3x | 1.9x | 1.0x | 1.5x | 1.7x | 1.9x |
(1) | The ratio of earnings to fixed charges is defined as earnings divided by fixed charges. For purposes of this calculation, earnings represents net income plus income taxes, fixed charges, less interest capitalized. Fixed charges represents the sum of interest expense (which includes amortization of premiums, discounts and capitalized expenses related to indebtedness), and the component of rental expense that we believe to be representative of the interest factor for those amounts (one-third of rental expense). |