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S-3 Filing
Park-Ohio (PKOH) S-3Shelf registration
Filed: 1 Jun 06, 12:00am
Three months ended March 31, | Year ended December 31, | |||||||||||||||||||||||
2006 | 2005 | 2004 | 2003 | 2002 | 2001 | |||||||||||||||||||
Earnings (loss) before Income Taxes | $ | 7,798 | $ | 26,485 | $ | 17,599 | ($10,917 | ) | ($11,456 | ) | ($37,353 | ) | ||||||||||||
Less Capitalized Interest | ||||||||||||||||||||||||
Fixed Charges | 8,427 | 31,554 | 34,942 | 29,572 | 31,206 | 35,320 | ||||||||||||||||||
Earnings available for Fixed Charges | $ | 16,225 | $ | 58,039 | $ | 52,541 | $ | 18,655 | $ | 19,750 | ($2,033 | ) | ||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest Component of Rent Expense | 1,057 | 4,498 | 3,529 | 3,421 | 3,583 | 4,212 | ||||||||||||||||||
Interest Expense | 7,370 | 27,056 | 31,413 | 26,151 | 27,623 | 31,108 | ||||||||||||||||||
Interest Capitalized | ||||||||||||||||||||||||
Amortization of Deferred Financing Costs(1) | ||||||||||||||||||||||||
Total Fixed Charges | $ | 8,427 | $ | 31,554 | $ | 34,942 | $ | 29,572 | $ | 31,206 | $ | 35,320 | ||||||||||||
Ratio of Earnings to Fixed Charges | 1.9 | 1.8 | 1.5 | (2) | (2) | (2) |
(1) | Included in Interest Expense | |
(2) | Earnings were inadequate to cover fixed charges for the years ended December 31, 2001, 2002 and 2003, and the coverage deficiency totaled $37,353, $11,456 and $10,917, respectively. |