Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - AMERIGROUP CORP | w77422e10vk.htm |
| EX-23.1 - EX-23.1 - AMERIGROUP CORP | w77422exv23w1.htm |
| EX-21.1 - EX-21.1 - AMERIGROUP CORP | w77422exv21w1.htm |
| EX-32 - EX-32 - AMERIGROUP CORP | w77422exv32.htm |
| EX-31.2 - EX-31.2 - AMERIGROUP CORP | w77422exv31w2.htm |
| EX-31.1 - EX-31.1 - AMERIGROUP CORP | w77422exv31w1.htm |
Exhibit 12.1
| Years Ended December 31, | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
Earnings: |
||||||||||||||||||||
Income (loss) before income taxes |
$ | 201,419 | $ | (2,256 | ) | $ | 179,894 | $ | 173,082 | $ | 86,711 | |||||||||
Add: fixed charges |
24,414 | 30,439 | 27,287 | 5,020 | 4,675 | |||||||||||||||
Total earnings |
$ | 225,833 | $ | 28,183 | $ | 207,181 | $ | 178,102 | $ | 91,386 | ||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expensed |
$ | 16,266 | $ | 20,514 | $ | 18,962 | $ | 608 | $ | 608 | ||||||||||
Amortization of debt issuance cost |
2,444 | 4,313 | 3,410 | 508 | 553 | |||||||||||||||
Interest component of rental payments (1) |
5,704 | 5,612 | 4,915 | 3,904 | 3,514 | |||||||||||||||
Total fixed charges |
$ | 24,414 | $ | 30,439 | $ | 27,287 | $ | 5,020 | $ | 4,675 | ||||||||||
Ratio of earnings to fixed charges |
9.3 | 0.9 | 7.6 | 35.5 | 19.5 | |||||||||||||||
Total additional earnings required to achieve 1:1 coverage
ratio of fixed charges |
$ | — | $ | 2,089 | $ | — | $ | — | $ | — | ||||||||||
| (1) | Estimated at 33% of rental expense as a reasonable approximation of the interest factor. |