- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
7th grade Avg
|
- 10-Q Quarterly report
- 10.1 Amended and Restated Unfunded Supplemental Benefit Plan
- 10.2 Amedment NO.1 to the Amended and Restated Unfunded Supplemental Benefit Plan
- 10.3 Amendment No. 2 to the Amended and Restated Unfunded Supplemental Benefit Plan
- 12 Ratio of Earnings to Fixed Charges
- 99.1 Certification Pursuant to Section 1350
- 99.2 Cerftification Pursuant to Section 1350
- PDF PDF of Form 10-Q
EXHIBIT 12
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands except ratios)
Three Months Ending 31-March-03 | ||||
Earnings available for fixed charges: | ||||
Earnings (loss) before income taxes (1) | $ | 9,273 |
| |
Add: Equity loss of minority-owned companies |
| 369 |
| |
Add: Dividends received from investees under the equity method |
| 928 |
| |
Add: Minority interest expense in majority-owned subsidiaries |
| (114 | ) | |
Add: Fixed charges before capitalized interest |
| 17,475 |
| |
Add: Amortization of capitalized interest |
| 1,829 |
| |
Total earnings available for fixed charges | $ | 29,760 |
| |
Fixed charges: | ||||
Interest expense | $ | 12,708 |
| |
Interest portion of rental expense |
| 4,758 |
| |
Amortization of discount related to indebtedness |
| 9 |
| |
Total fixed charges before capitalized interest |
| 17,475 |
| |
Capitalized interest |
| 1,500 |
| |
Total fixed charges |
| 18,975 |
| |
Ratio of earnings to fixed charges |
| 1.57 |
| |
(1) | Includes restructuring and impairment charges of $2.6 million ($1.6 million after-tax, or $0.01 per diluted share). |