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S-3 Filing
Park-Ohio (PKOH) S-3Shelf registration
Filed: 21 Aug 09, 12:00am
Six months ended | Year ended | |||||||||||||||||||||||
June 30, | December 31, | |||||||||||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||||||
Earnings (loss) before Income Taxes | $ | (648 | ) | $ | (98,817 | ) | $ | 31,173 | $ | 27,397 | $ | 26,485 | $ | 17,599 | ||||||||||
Less Capitalized Interest | ||||||||||||||||||||||||
Fixed Charges | 13,895 | 32,669 | 36,447 | 36,390 | 31,554 | 34,942 | ||||||||||||||||||
Earnings available for Fixed Charges | $ | 13,247 | $ | (66,148 | ) | $ | 67,620 | $ | 63,787 | $ | 58,039 | $ | 52,541 | |||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest Component of Rent Expense | 1,796 | 4,800 | 4,896 | 5,123 | 4,498 | 3,529 | ||||||||||||||||||
Interest Expense | 12,099 | 27,869 | 31,551 | 31,267 | 27,056 | 31,413 | ||||||||||||||||||
Interest Capitalized | ||||||||||||||||||||||||
Amortization of Deferred Financing Costs(1) | ||||||||||||||||||||||||
Total Fixed Charges | $ | 13,895 | $ | 32,669 | $ | 36,447 | $ | 36,390 | $ | 31,554 | $ | 34,942 | ||||||||||||
Ratio of Earnings to Fixed Charges | 1.0 | (2) | 1.9 | 1.8 | 1.8 | 1.5 |
(1) | Included in Interest Expense | |
(2) | Earnings were inadequate to cover fixed charges for the year ended December 31, 2008 and the coverage deficiency totaled $98,817. |