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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Good
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Exhibit 12.1
RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
Our ratio of earnings to fixed charges is as follows:
Six months |
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| ended |
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| June 30, 2016 |
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| 2015 |
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| 2014 |
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| 2013 |
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| 2012 |
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Earnings: |
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Income (loss) from continuing operations before provision for income taxes and noncontrolling interest | $ | 58,495 |
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| $ | 43,124 |
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| $ | (45,321 | ) |
| $ | (440,859 | ) |
| $ | 330,942 |
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Interest expense and other |
| 26,415 |
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| 57,894 |
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| 62,919 |
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| 5,748 |
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| (372 | ) |
Portion of rents representative of the interest factor(1) |
| 5,816 |
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| 13,480 |
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| 35,516 |
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| 38,850 |
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| 20,239 |
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| $ | 90,726 |
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| $ | 114,498 |
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| $ | 53,114 |
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| $ | (396,261 | ) |
| $ | 350,809 |
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Fixed charges: |
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Interest expense, including amount capitalized | $ | 37,224 |
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| $ | 73,603 |
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| $ | 85,361 |
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| $ | 8,886 |
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| $ | 8,568 |
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Portion of rents representative of the interest factor(1) |
| 5,816 |
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| 13,480 |
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| 35,516 |
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| 38,850 |
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| 20,239 |
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| $ | 43,040 |
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| $ | 87,083 |
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| $ | 120,877 |
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| $ | 47,736 |
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| $ | 28,807 |
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Ratio of earnings to fixed charges(2) | 2.11x |
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| 1.31x |
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| — |
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| — |
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| 12.18x |
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(1) | 33% of rental expense |