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 | |||||||||||||||
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Total earnings as adjusted | $ | 719,542 | $ | 534,812 | $ | 590,074 | $ | 354,990 | $ | 310,917 | ||||||||||
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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 | ||||||||||
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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. |