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Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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Exhibit 12.1
Thermon Group Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges
(amounts in thousands)
|
| Predecessor |
| Predecessor |
| |||||
|
| 2009 |
| Year Ended March 31 |
| 2011 |
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Earnings |
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Income (loss) from continuing operations before provision for income taxes |
| $ | 28,196 |
| $ | 32,906 |
| $ | (26,481 | ) |
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Plus: Fixed Charges |
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Interest expense and amortization of premiums/discounts (a) |
| 9,625 |
| 7,357 |
| 29,000 |
| |||
Estimated interest component of rental expense |
| 535 |
| 566 |
| 677 |
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Total Fixed Charges |
| $ | 10,160 |
| $ | 7,923 |
| $ | 29,677 |
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Less: |
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Pre tax income from continuing operations plus fixed charges |
| $ | 38,356 |
| $ | 40,829 |
| $ | 3,196 |
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Ratio of Earnings to Fixed Charges |
| 3.8 |
| 5.2 |
| 0.11 |
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(a) The Company considers one-third of rent expense to be a reasonable estimate of the related interest expense.