Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - RYLAND GROUP INC | Financial_Report.xls |
| EX-31.1 - EX-31.1 - RYLAND GROUP INC | a15-7800_1ex31d1.htm |
| EX-31.2 - EX-31.2 - RYLAND GROUP INC | a15-7800_1ex31d2.htm |
| EX-32.2 - EX-32.2 - RYLAND GROUP INC | a15-7800_1ex32d2.htm |
| EX-32.1 - EX-32.1 - RYLAND GROUP INC | a15-7800_1ex32d1.htm |
| 10-Q - 10-Q - RYLAND GROUP INC | a15-7800_110q.htm |
Exhibit 12.1: Computation of Ratio of Earnings to Fixed Charges
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THREE MONTHS |
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ENDED |
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TWELVE MONTHS ENDED DECEMBER 31, |
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MARCH 31, |
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(in thousands, except ratio) |
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2010 |
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2011 |
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2012 |
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2013 |
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2014 |
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2015 |
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(Loss) income from continuing operations before taxes |
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$ |
(80,497) |
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$ |
(32,732) |
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$ |
43,967 |
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$ |
195,691 |
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$ |
284,464 |
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$ |
41,341 |
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Share of distributed loss (income) of |
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50%-or-less-owned affiliates, |
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net of equity pickup |
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3,705 |
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976 |
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(1,218) |
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(1,202) |
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(1,414) |
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(216) |
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Amortization of capitalized interest |
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40,791 |
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32,068 |
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40,612 |
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52,362 |
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50,597 |
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9,793 |
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Interest |
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55,615 |
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56,635 |
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59,503 |
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68,184 |
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69,802 |
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16,493 |
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Less: interest capitalized during the period |
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(31,221) |
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(38,032) |
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(42,327) |
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(59,208) |
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(68,788) |
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(16,063) |
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Interest portion of rental expense |
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3,733 |
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2,360 |
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1,976 |
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2,182 |
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2,442 |
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667 |
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(LOSS) EARNINGS |
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$ |
(7,874) |
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$ |
21,275 |
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$ |
102,513 |
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$ |
258,009 |
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$ |
337,103 |
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$ |
52,015 |
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Interest |
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$ |
55,615 |
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$ |
56,635 |
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$ |
59,503 |
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$ |
68,184 |
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$ |
69,802 |
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$ |
16,493 |
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Interest portion of rental expense |
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3,733 |
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2,360 |
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1,976 |
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2,182 |
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2,442 |
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667 |
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FIXED CHARGES |
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$ |
59,348 |
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$ |
58,995 |
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$ |
61,479 |
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$ |
70,366 |
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$ |
72,244 |
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$ |
17,160 |
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(DEFICIENCY) SURPLUS |
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$ |
(67,222) |
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$ |
(37,720) |
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$ |
41,034 |
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$ |
187,643 |
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$ |
264,859 |
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$ |
34,855 |
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Ratio of earnings to fixed charges |
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- |
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- |
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1.67 |
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3.67 |
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4.67 |
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3.03 |
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