Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - DallasNews Corp | Financial_Report.xls |
| EX-32 - EXHIBIT SOX 906 - DallasNews Corp | ex322014q4.htm |
| EX-99.1 - EXHIBIT CLASSIFIED VENTURES FINANCIALS - DallasNews Corp | ex9912014q4.htm |
| EX-99.2 - EXHIBIT WANDERFUL MEDIA FINANCIALS - DallasNews Corp | ex9922014q4.htm |
| EX-31.1 - EXHIBIT SOX 302 CEO - DallasNews Corp | ex3112014q4.htm |
| EX-23.2 - MOSS ADAMS CONSENT - DallasNews Corp | ex2322014q4.htm |
| EX-23.1 - KPMG CONSENT - DallasNews Corp | ex2312014q4.htm |
| EX-31.2 - EXHIBIT SOX 302 PFO - DallasNews Corp | ex3122014q4.htm |
| EX-23.3 - PWC CONSENT - DallasNews Corp | ex2332014q4.htm |
| EX-10.2 - EXHIBIT 10.2 (1) AMENDED AND RESTATED SAVINGS PLAN - DallasNews Corp | ex10212014q4.htm |
| 10-K - 2014 10-K - DallasNews Corp | a2014q410-k.htm |
| EX-21 - SUBSIDIARIES - DallasNews Corp | ex212014q4.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended December 31, | ||||||||||||||||||||
In thousands | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Earnings (loss) before tax: | ||||||||||||||||||||
Earnings (loss) before tax | $ | 91,985 | $ | 3,376 | $ | 6,900 | $ | (3,233 | ) | $ | (138,382 | ) | ||||||||
Add: Total fixed charges | 575 | 915 | 1,257 | 1,665 | 1,999 | |||||||||||||||
Adjusted Earnings | $ | 92,560 | $ | 4,291 | $ | 8,157 | $ | (1,568 | ) | $ | (136,383 | ) | ||||||||
Fixed Charges: | ||||||||||||||||||||
Interest | $ | — | $ | 311 | $ | 629 | $ | 668 | $ | 808 | ||||||||||
Portion of rental expense representative of the interest factor(1) | 575 | 604 | 628 | 997 | 1,191 | |||||||||||||||
Total Fixed Charges | $ | 575 | $ | 915 | $ | 1,257 | $ | 1,665 | $ | 1,999 | ||||||||||
Ratio of Earnings to Fixed Charges(2) | 161.0 | 4.7 | 6.5 | — | (3) | — | (4) | |||||||||||||
(1) | For purposes of calculating fixed charges, an interest factor of one-third was applied to total rental expense. |
(2) | Adjusted earnings for the years ended December 31, 2011 and 2010, were not sufficient to provide for fixed charges. |
(3) | For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings includes a charge of $1,988 related to the withdrawal from a defined benefit plan of the former parent company. Adjusted earnings are not sufficient to provide for fixed charges. |
(4) | For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings include a non-cash charge for asset impairments of $3,404 and $132,346 related to the withdrawal from a defined benefit plan of the former parent company. Adjusted earnings are not sufficient to provide for fixed charges. |