Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - ModivCare IncFinancial_Report.xls
EX-31.1 - EXHIBIT 31.1 - ModivCare Incex31-1.htm
EX-31.2 - EXHIBIT 31.2 - ModivCare Incex31-2.htm
EX-21.1 - EXHIBIT 21.1 - ModivCare Incex21-1.htm
EX-32.2 - EXHIBIT 32.2 - ModivCare Incex32-2.htm
EX-23.1 - EXHIBIT 23.1 - ModivCare Incex23-1.htm
EX-32.1 - EXHIBIT 32.1 - ModivCare Incex32-1.htm
10-K - FORM 10-K - ModivCare Incprsc20141231_10k.htm

Exhibit 12.1

 

Providence Service Corporation

Ratio of Earnings to Fixed Charges

 

   

For the Years

 
   

Ended December 31,

 
   

2010

   

2011

   

2012

   

2013

   

2014

 
 

(in thousands, except ratios)

 

Earnings:

                                       

Income before income taxes and minority interest

  $ 41,292     $ 26,885     $ 16,693     $ 31,215     $ 27,777  

Fixed charges

    28,197       22,583       21,436       20,869       34,513  

Earnings

  $ 69,489     $ 49,468     $ 38,129     $ 52,084     $ 62,290  

Fixed charges:

                                       

Interest expense

  $ 16,268     $ 10,206     $ 7,640     $ 7,035     $ 14,847  

Interest element of rentals

    11,929       12,377       13,796       13,834       19,666  

Fixed charges

  $ 28,197     $ 22,583     $ 21,436     $ 20,869     $ 34,513  
                                         

Ratio of earnings to fixed charges

    2.46       2.19       1.78       2.50       1.80