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7th grade Avg
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New words:
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Removed:
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Ratio of Earnings to Fixed Charges
(Unaudited)
| For the Year Ended December 31, | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$s in thousands | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||
Earnings (as defined): | ||||||||||||||||
Earnings before income taxes | $ | 50,147 | $ | 41,718 | $ | 29,807 | $ | 22,186 | $ | 23,483 | ||||||
Fixed charges | 856 | 900 | 1,635 | 368 | 105 | |||||||||||
| | | | | | | | | | | | | | | | |
Earnings | $ | 51,003 | $ | 42,618 | $ | 31,442 | $ | 22,554 | $ | 23,588 | ||||||
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
Fixed charges (as defined): | ||||||||||||||||
Interest expense | $ | 828 | $ | 878 | $ | 1,604 | $ | 320 | $ | 2 | ||||||
Estimated interest within rental expense | 28 | 22 | 31 | 48 | 103 | |||||||||||
| | | | | | | | | | | | | | | | |
Fixed charges | $ | 856 | $ | 900 | $ | 1,635 | $ | 368 | $ | 105 | ||||||
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
Ratio of earnings to fixed charges | 59.6 | 47.3 | 19.2 | 61.2 | 225.1 | |||||||||||
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
Ratio of Earnings to Fixed Charges (Unaudited)