Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - LifeCare Holdings, Inc. | d10k.htm |
| EX-32.2 - EXHIBIT 32.2 - LifeCare Holdings, Inc. | dex322.htm |
| EX-32.1 - EXHIBIT 32.1 - LifeCare Holdings, Inc. | dex321.htm |
| EX-31.2 - EXHIBIT 31.2 - LifeCare Holdings, Inc. | dex312.htm |
| EX-31.1 - EXHIBIT 31.1 - LifeCare Holdings, Inc. | dex311.htm |
| EX-10.39 - EXHIBIT 10.39 - LifeCare Holdings, Inc. | dex1039.htm |
| EX-10.38 - EXHIBIT 10.38 - LifeCare Holdings, Inc. | dex1038.htm |
| EX-10.42 - EXHIBIT 10.42 - LifeCare Holdings, Inc. | dex1042.htm |
| EX-10.43 - EXHIBIT 10.43 - LifeCare Holdings, Inc. | dex1043.htm |
| EX-10.40 - EXHIBIT 10.40 - LifeCare Holdings, Inc. | dex1040.htm |
| EX-10.41 - EXHIBIT 10.41 - LifeCare Holdings, Inc. | dex1041.htm |
Exhibit 12
LifeCare Holdings, Inc.
Ratio of Earnings to Fixed Charges
($ in Thousands)
| Year Ended December 31, | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
| Earnings adjusted for fixed charges: |
||||||||||||||||||||
| Pre-tax income (loss) |
$ | 2,952 | $ | 3,748 | $ | (19,670 | ) | $ | (60,705 | ) | $ | (37,119 | ) | |||||||
| Add |
||||||||||||||||||||
| Fixed charges |
37,173 | 39,881 | 46,872 | 44,063 | 40,504 | |||||||||||||||
| Pre-tax income (loss) before fixed charges and less preferred stock dividend requirements of consolidated subsidiaries |
$ | 40,125 | $ | 43,629 | $ | 27,202 | $ | (16,642 | ) | $ | 3,385 | |||||||||
| Fixed charges: |
||||||||||||||||||||
| Interest expense |
$ | 28,656 | $ | 31,456 | $ | 38,431 | $ | 36,914 | $ | 34,538 | ||||||||||
| Interest portion of rent expense |
8,517 | 8,425 | 8,441 | 7,149 | 5,966 | |||||||||||||||
| Total fixed charges |
$ | 37,173 | $ | 39,881 | $ | 46,872 | $ | 44,063 | $ | 40,504 | ||||||||||
| Ratio of earnings to fixed charges |
1.1 | 1.1 | (A | ) | (A | ) | (A | ) | ||||||||||||
| (A) | For the years ended December 31, 2008, 2007 and 2006, the ratio coverage ratio was less than 1:1. The Company would have had to generate additional earnings as summarized below for each of these periods to have achieved a coverage ratio of 1:1. |
| Additional Earnings |
||||
| Year Ended December 31, 2008 |
$ | 19,670 | ||
| Year Ended December 31, 2007 |
60,705 | |||
| Year Ended December 31, 2006 |
37,119 | |||