Hemisphere Media Group, Inc.
Unaudited Computation of Ratio of Earnings to Fixed Charges
(In Thousands)
| | Years Ended December 31, | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||
Income from continuing operations before income taxes and noncontrolling interests(a) | $ | 22,781 | $ | 14,102 | $ | 482 | $ | 17,315 | $ | 11,588 | ||||||
Loss attributable to noncontrolling interests before income taxes | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||
Deduct equity in earnings of equity investees | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||
Distribution of earnings from equity investees | $ | — | $ | — | $ | — | $ | 5,500 | $ | 24,000 | ||||||
Fixed charges: | ||||||||||||||||
Interest expense | $ | 12,086 | $ | 11,925 | $ | 7,240 | $ | 3,551 | $ | 3,814 | ||||||
Interest portion of rent expense | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||
Earnings available for fixed charges(a) | $ | 34,867 | $ | 26,027 | $ | 7,722 | $ | 20,866 | $ | 15,402 | ||||||
Ratio of earnings to fixed charges | 2.88 | 2.18 | 1.07 | 5.88 | 4.04 | |||||||||||
Amount by which earnings were insufficient to cover fixed charges | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||
