Exhibit 12.1
AMC NETWORKS INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
| | | | | | | | | | | | | | | | | | | | |
| | Years Ended December 31, | |
| | 2015 | | | 2014 | | | 2013 | | | 2012 | | | 2011 | |
Earnings: | | | | | | | | | | | | | | | | | | | | |
Income from continuing operations before income taxes | | $ | 582,794 | | | $ | 397,028 | | | $ | 469,001 | | | $ | 222,274 | | | $ | 210,610 | |
Fixed charges | | | 136,748 | | | | 137,784 | | | | 121,073 | | | | 132,716 | | | | 100,307 | |
| | | | | | | | | | | | | | | | | | | | |
Total earnings as adjusted | | $ | 719,542 | | | $ | 534,812 | | | $ | 590,074 | | | $ | 354,990 | | | $ | 310,917 | |
| | | | | | | | | | | | | | | | | | | | |
Fixed Charges: | | | | | | | | | | | | | | | | | | | | |
Interest Expense (*) | | $ | 128,135 | | | $ | 130,262 | | | $ | 115,860 | | | $ | 127,778 | | | $ | 95,870 | |
Portion of rents representative of an interest factor | | | 8,613 | | | | 7,522 | | | | 5,213 | | | | 4,938 | | | | 4,437 | |
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Total fixed charges | | $ | 136,748 | | | $ | 137,784 | | | $ | 121,073 | | | $ | 132,716 | | | $ | 100,307 | |
| | | | | | | | | | | | | | | | | | | | |
Ratio of Earnings to Fixed Charges | | | 5.3 | | | | 3.9 | | | | 4.9 | | | | 2.7 | | | | 3.1 | |
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(*) | Interest expense includes the amortized premiums, discounts and capitalized expenses related to indebtedness. |