Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - PRIDE INTERNATIONAL INC | c14851e10vq.htm |
| EX-32 - EXHIBIT 32 - PRIDE INTERNATIONAL INC | c14851exv32.htm |
| EX-31.2 - EXHIBIT 31.2 - PRIDE INTERNATIONAL INC | c14851exv31w2.htm |
| EX-31.1 - EXHIBIT 31.1 - PRIDE INTERNATIONAL INC | c14851exv31w1.htm |
| EXCEL - IDEA: XBRL DOCUMENT - PRIDE INTERNATIONAL INC | Financial_Report.xls |
EXHIBIT 12
Computation of Ratio of Earnings to Fixed Charges
(in millions except ratio of earnings to fixed charges)
(in millions except ratio of earnings to fixed charges)
| Three Months Ended | ||||||||
| March 31, | ||||||||
| 2011 | 2010 | |||||||
Earnings: |
||||||||
Income from continuing operations before income taxes |
$ | 33.9 | $ | 95.4 | ||||
Portion of rents representative of interest expense |
1.4 | 1.0 | ||||||
Interest on indebtedness, including amortization of deferred loan costs |
4.7 | — | ||||||
Amortization of capitalized interest |
0.6 | — | ||||||
Earnings, as adjusted |
$ | 40.6 | $ | 96.4 | ||||
Fixed Charges: |
||||||||
Portion of rents representative of interest expense |
$ | 1.4 | $ | 1.0 | ||||
Interest on indebtedness, including amortization of deferred loan costs |
4.7 | — | ||||||
Capitalized interest |
31.2 | 23.0 | ||||||
Total fixed charges |
$ | 37.3 | $ | 24.0 | ||||
Ratio of earnings to fixed charges |
1.09 | x | 4.02 | x | ||||