Alliant Techsystems Inc. | ||||||||||||||||||||
Statement Re: Computation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||
Fiscal Year Ended March 31, | ||||||||||||||||||||
(Dollars in thousands) | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||
Earnings: | ||||||||||||||||||||
Income before interest, loss on extinguishment of debt, income taxes, and noncontrolling interest | $ | 392,484 | $ | 406,966 | $ | 438,674 | $ | 435,417 | $ | 298,049 | ||||||||||
Plus fixed charges | 78,579 | 102,495 | 100,475 | 88,932 | 98,207 | |||||||||||||||
Earnings | $ | 471,063 | $ | 509,461 | $ | 539,149 | $ | 524,349 | $ | 396,256 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense, including amortization of debt issuance costs | $ | 65,924 | $ | 89,296 | $ | 87,612 | $ | 77,494 | $ | 87,313 | ||||||||||
Estimated interest factor of rental expense | 12,655 | 13,199 | 12,863 | 11,438 | 10,894 | |||||||||||||||
Fixed Charges | $ | 78,579 | $ | 102,495 | $ | 100,475 | $ | 88,932 | $ | 98,207 | ||||||||||
Ratio of Earnings to Fixed Charges (1) | 5.99 | 4.97 | 5.37 | 5.90 | 4.03 | |||||||||||||||
Rent expense | 79,093 | 82,494 | 80,391 | 71,486 | 68,086 | |||||||||||||||
Percent of rent expense that represents interest | 16 | % | 16 | % | 16 | % | 16 | % | 16 | % | ||||||||||
(1) For purposes of calculating the ratio of earnings to fixed charges, "earnings" represents income from continuing operations before income taxes, plus fixed charges. "Fixed charges" consist of interest expense, including amortization of debt issuance costs and that portion of rental expense considered to be a reasonable approximation of interest. |
- OA Dashboard
- Filings
- Insider
- Institutional
- Patents
-
10-K Filing
Orbital Atk (OA) Inactive 10-K2013 FY Annual report
Filed: 23 May 13, 12:00am