Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - ModivCare Inc | Financial_Report.xls |
EX-31.1 - EXHIBIT 31.1 - ModivCare Inc | ex31-1.htm |
EX-31.2 - EXHIBIT 31.2 - ModivCare Inc | ex31-2.htm |
EX-21.1 - EXHIBIT 21.1 - ModivCare Inc | ex21-1.htm |
EX-32.2 - EXHIBIT 32.2 - ModivCare Inc | ex32-2.htm |
EX-23.1 - EXHIBIT 23.1 - ModivCare Inc | ex23-1.htm |
EX-32.1 - EXHIBIT 32.1 - ModivCare Inc | ex32-1.htm |
10-K - FORM 10-K - ModivCare Inc | prsc20141231_10k.htm |
Exhibit 12.1
Providence Service Corporation
Ratio of Earnings to Fixed Charges
For the Years |
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Ended December 31, |
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2010 |
2011 |
2012 |
2013 |
2014 |
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(in thousands, except ratios) |
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Earnings: |
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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: |
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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 |