Attached files
| file | filename |
|---|---|
| 10-K - 10-K - UNIVERSAL AMERICAN CORP. | a2196914z10-k.htm |
| EX-31.2 - EXHIBIT 31.2 - UNIVERSAL AMERICAN CORP. | a2196914zex-31_2.htm |
| EX-31.1 - EXHIBIT 31.1 - UNIVERSAL AMERICAN CORP. | a2196914zex-31_1.htm |
| EX-32.1 - EXHIBIT 32.1 - UNIVERSAL AMERICAN CORP. | a2196914zex-32_1.htm |
| EX-21.1 - EXHIBIT 21.1 - UNIVERSAL AMERICAN CORP. | a2196914zex-21_1.htm |
| EX-23.1 - EXHIBIT 23.1 - UNIVERSAL AMERICAN CORP. | a2196914zex-23_1.htm |
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COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| |
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Pre-tax income—continuing operations |
$ | 214,632 | $ | 151,304 | $ | 132,626 | $ | 93,756 | $ | 66,383 | ||||||
Pre-tax income—discontinued operations |
— | — | — | 15,995 | 15,583 | |||||||||||
Pre-tax gain on sale of discontinued operations |
— | — | — | 77,777 | — | |||||||||||
Total pre-tax income |
$ | 214,632 | $ | 151,304 | $ | 132,626 | $ | 187,528 | $ | 81,966 | ||||||
Fixed charges |
||||||||||||||||
Interest expense |
$ | 19,937 | $ | 23,694 | $ | 20,480 | $ | 12,821 | $ | 10,983 | ||||||
Amortization of debt costs |
1,325 | 1,048 | 2,471 | 917 | 897 | |||||||||||
Imputed interest on rent expense |
2,730 | 2,374 | 1,927 | 1,391 | 1,391 | |||||||||||
Interest credited to contractholders |
4,284 | 14,736 | 17,819 | 18,346 | 19,069 | |||||||||||
Total fixed charges |
$ | 28,276 | $ | 41,852 | $ | 42,697 | $ | 33,475 | $ | 32,340 | ||||||
Computation |
||||||||||||||||
Total earnings and fixed charges |
$ | 242,908 | $ | 193,156 | $ | 175,323 | $ | 221,003 | $ | 114,306 | ||||||
Ratio of earnings to fixed charges |
8.59 | 4.62 | 4.11 | 6.60 | 3.53 | |||||||||||
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES