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Filing tables
Filing exhibits
- S-4 Registration of securities issued in business combination transactions
- 3.3 EX-3.3
- 3.4 EX-3.4
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- 25.1 EX-25.1
- 99.1 EX-99.1
- 99.2 EX-99.2
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- 99.4 EX-99.4
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Exhibit 12.1
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, | Nine months ended September 30, | |||||||||||||||||||||||
(in thousands) | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | ||||||||||||||||||
Computation of Earnings: | ||||||||||||||||||||||||
Pre-tax earnings from continuing operations, excluding equity in earnings of unconsolidated affiliates | $ | 206,128 | $ | 208,240 | $ | 222,654 | $ | 262,222 | $ | 305,376 | $ | 189,537 | ||||||||||||
Plus: Fixed charges | 9,821 | 15,636 | 17,813 | 19,686 | 32,542 | 55,107 | ||||||||||||||||||
Plus: Amortization of capitalized interest | 148 | 142 | 121 | 115 | 91 | 3 | ||||||||||||||||||
Plus: Distributed earnings from equity investees | — | — | 800 | 1,830 | 3,073 | 1,811 | ||||||||||||||||||
Less: Capitalized interest | 66 | 54 | 85 | 43 | 24 | — | ||||||||||||||||||
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Earnings | $ | 216,031 | $ | 223,964 | $ | 241,303 | $ | 283,810 | $ | 341,058 | $ | 246,458 | ||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest expense and amortization of deferred financing costs on all indebtedness | $ | 7,751 | $ | 13,471 | $ | 15,327 | $ | 16,967 | $ | 29,538 | $ | 52,909 | ||||||||||||
Capitalized interest | 66 | 54 | 85 | 43 | 24 | — | ||||||||||||||||||
Estimate of interest component of rental expenses | 2,004 | 2,111 | 2,401 | 2,676 | 2,980 | 2,198 | ||||||||||||||||||
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Fixed charges | $ | 9,821 | $ | 15,636 | $ | 17,813 | $ | 19,686 | $ | 32,542 | $ | 55,107 | ||||||||||||
22.0 | 14.3 | 13.5 | 14.4 | 10.5 | 4.5 |