Attached files
| file | filename |
|---|---|
| EX-21 - EXHIBIT 21 - Con-way Inc. | a14_12ex21.htm |
| EX-23 - EXHIBIT 23 - Con-way Inc. | a14_12ex23.htm |
| EX-10.43 - EXHIBIT 10.43 - Con-way Inc. | a14_12ex1043.htm |
| EX-10.42 - EXHIBIT 10.42 - Con-way Inc. | a14_12ex1042.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Con-way Inc. | Financial_Report.xls |
| EX-31.2 - EXHIBIT 31.2 - Con-way Inc. | a14_12ex312.htm |
| XML - IDEA: XBRL DOCUMENT - Con-way Inc. | R9999.htm |
| 10-K - 10-K - Con-way Inc. | a14_12form10-k.htm |
| EX-32 - EXHIBIT 32 - Con-way Inc. | a14_12ex32.htm |
| EX-31.1 - EXHIBIT 31.1 - Con-way Inc. | a14_12ex311.htm |
Exhibit 12
Con-way Inc.
Computation of Ratios of Earnings to Fixed Charges
Year ended December 31,
(Dollars in thousands) | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income before income tax provision | $ | 210,697 | $ | 154,365 | $ | 170,954 | $ | 148,072 | $ | 16,557 | |||||||||
Add: | |||||||||||||||||||
Interest expense | 53,456 | 53,339 | 54,777 | 55,589 | 59,015 | ||||||||||||||
Interest component of rental expense (1) | 6,337 | 5,932 | 5,474 | 5,504 | 6,334 | ||||||||||||||
Earnings as adjusted | $ | 270,490 | $ | 213,636 | $ | 231,205 | $ | 209,165 | $ | 81,906 | |||||||||
Fixed Charges: | |||||||||||||||||||
Interest expense | $ | 53,456 | $ | 53,339 | $ | 54,777 | $ | 55,589 | $ | 59,015 | |||||||||
Interest component of rental expense (1) | 6,337 | 5,932 | 5,474 | 5,504 | 6,334 | ||||||||||||||
Fixed Charges | $ | 59,793 | $ | 59,271 | $ | 60,251 | $ | 61,093 | $ | 65,349 | |||||||||
Ratio of Earnings to Fixed Charges | 4.5 x | 3.6 x | 3.8 x | 3.4 x | 1.3 x | ||||||||||||||
(1) | Estimate of the interest portion of lease payments. |