Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - SEITEL INC | Financial_Report.xls |
| EX-32.1 - SECTION 906 CERTIFICATION OF CEO - SEITEL INC | sei-ex321_20141231xk.htm |
| EX-31.2 - SECTION 302 CERTIFICATION OF CFO - SEITEL INC | sei-ex312_20141231xk.htm |
| EX-31.1 - SECTION 302 CERTIFICATION OF CEO - SEITEL INC | sei-ex311_20141231xk.htm |
| EX-32.2 - SECTION 906 CERTIFICATION OF CFO - SEITEL INC | sei-ex322_20141231xk.htm |
| EX-21.1 - SUBSIDIARIES OF SEITEL, INC. - SEITEL INC | sei-ex211_20141231xk.htm |
| 10-K - 2014 FORM 10-K - SEITEL INC | a20141231-10ktofile.htm |
EXHIBIT 12.1
SEITEL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
(Unaudited)
Year Ended December 31, | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Fixed charges: | |||||||||||||||||||
Interest expense | $ | 25,222 | $ | 28,213 | $ | 29,143 | $ | 35,246 | $ | 41,094 | |||||||||
Capitalized interest expense | — | — | — | — | — | ||||||||||||||
Portion of rental expense representative of interest factor | 433 | 579 | 612 | 578 | 564 | ||||||||||||||
Total fixed charges | $ | 25,655 | $ | 28,792 | $ | 29,755 | $ | 35,824 | $ | 41,658 | |||||||||
Earnings before fixed charges: | |||||||||||||||||||
Income (loss) from continuing operations before income taxes and cumulative effect of change in accounting principle | $ | 19,971 | $ | 23,741 | $ | 43,832 | $ | 2,608 | $ | (67,425 | ) | ||||||||
Fixed charges | 25,655 | 28,792 | 29,755 | 35,824 | 41,658 | ||||||||||||||
Capitalized interest expense | — | — | — | — | — | ||||||||||||||
Total earnings before fixed charges | $ | 45,626 | $ | 52,533 | $ | 73,587 | $ | 38,432 | $ | (25,767 | ) | ||||||||
Ratio of earnings to fixed charges: | |||||||||||||||||||
Earnings before fixed charges | $ | 45,626 | $ | 52,533 | $ | 73,587 | $ | 38,432 | $ | (25,767 | ) | ||||||||
Fixed charges | 25,655 | 28,792 | 29,755 | 35,824 | 41,658 | ||||||||||||||
Ratio of earnings to fixed charges | 1.8 | 1.8 | 2.5 | — | — | ||||||||||||||
Amount of deficiency (if negative) | — | — | — | — | (67,425 | ) | |||||||||||||