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Filing tables
Filing exhibits
- S-4 Registration of securities issued in business combination transactions
- 3.7 EX-3.7
- 3.8 EX-3.8
- 3.9 EX-3.9
- 3.10 EX-3.10
- 3.11 EX-3.11
- 3.12 EX-3.12
- 3.37 EX-3.37
- 3.38 EX-3.38
- 3.41 EX-3.41
- 3.42 EX-3.42
- 3.57 EX-3.57
- 3.58 EX-3.58
- 3.65 EX-3.65
- 3.66 EX-3.66
- 3.81 EX-3.81
- 3.82 EX-3.82
- 3.89 EX-3.89
- 3.90 EX-3.90
- 3.91 EX-3.91
- 3.92 EX-3.92
- 3.101 EX-3.101
- 3.102 EX-3.102
- 3.121 EX-3.121
- 3.122 EX-3.122
- 3.145 EX-3.145
- 3.146 EX-3.146
- 3.159 EX-3.159
- 3.160 EX-3.160
- 3.161 EX-3.161
- 3.162 EX-3.162
- 5.1 EX-5.1
- 12.1 EX-12.1
- 23.1 EX-23.1
- 25.1 EX-25.1
- 99.1 EX-99.1
- 99.2 EX-99.2
- 99.3 EX-99.3
- 99.4 EX-99.4
Verona Estates similar filings
- 31 Dec 19 Registration of securities issued in business combination transactions (amended)
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Filing view
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Exhibit 12.1
CENTURY COMMUNITIES, INC.
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
The following table sets forth our ratio of earnings to fixed charges for the years ended December 31, 2016, 2015, 2014, 2013 and 2012.
Year Ended December 31, | ||||||||||||||||||||
(Dollars in thousands) | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Earnings | $ | 93,118 | $ | 70,767 | $ | 33,530 | $ | 19,679 | $ | 8,938 | ||||||||||
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Fixed charges | $ | 27,371 | $ | 20,693 | $ | 11,053 | $ | 1,183 | $ | 1,751 | ||||||||||
Earnings to fixed charges | $ | 3.40 | $ | 3.42 | $ | 3.03 | $ | 16.63 | $ | 5.11 | ||||||||||
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Earnings (Loss): | ||||||||||||||||||||
Income before income tax expense | $ | 73,149 | $ | 60,305 | $ | 30,959 | $ | 18,073 | $ | 7,439 | ||||||||||
Add: fixed charges | 27,371 | 20,693 | 11,053 | 1,183 | 1,751 | |||||||||||||||
Less: capitalized interest | (26,904 | ) | (20,313 | ) | (10,848 | ) | (1,098 | ) | (1,681 | ) | ||||||||||
Add: amortization of previously capitalized interest | 19,502 | 10,082 | 2,366 | 1,521 | 1,429 | |||||||||||||||
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Total earnings | $ | 93,118 | $ | 70,767 | $ | 33,530 | $ | 19,679 | $ | 8,938 | ||||||||||
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Fixed Charges: | ||||||||||||||||||||
Interest expense(1) | $ | 5 | $ | 10 | $ | 26 | $ | — | $ | — | ||||||||||
Interest component of rent expense | 462 | 370 | 179 | 85 | 70 | |||||||||||||||
Capitalized interest | 26,904 | 20,313 | 10,848 | 1,098 | 1,681 | |||||||||||||||
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Total fixed charges | $ | 27,371 | $ | 20,693 | $ | 11,053 | $ | 1,183 | $ | 1,751 | ||||||||||
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(1) | Excludes capitalized interest |