Attached files
| file | filename |
|---|---|
| EX-31.01 - EXHIBIT 31.01 RULE 13A 14(A)/15D 14(A) CERTIFICATION OF PRINCIPAL EXECUTIVE OF - OCEANEERING INTERNATIONAL INC | oii_exhibitx3101x06302015.htm |
| EX-32.02 - EXHIBIT 32.02 SECTION 1350 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - OCEANEERING INTERNATIONAL INC | oii_exhibitx3202x06302015.htm |
| EX-32.01 - EXHIBIT 32.01 SECTION 1350 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - OCEANEERING INTERNATIONAL INC | oii_exhibitx3201x06302015.htm |
| EX-31.02 - EXHIBIT 31.02 RULE 13A 14(A)/15D 14(A) CERTIFICATION OF PRINCIPAL FINANCIAL OF - OCEANEERING INTERNATIONAL INC | oii_exhibitx3102x06302015.htm |
| 10-Q - 10-Q OCEANEERING INTERNATIONAL, INC. JUNE 30, 2015 - OCEANEERING INTERNATIONAL INC | oii_10qx06302015.htm |
Exhibit 12.01 | |||||||||||||||||||||||||||
Oceaneering International, Inc. | |||||||||||||||||||||||||||
Computation of Ratio of Earnings to Fixed Charges | |||||||||||||||||||||||||||
($ in thousands) | |||||||||||||||||||||||||||
Six Months ended | Year Ended December 31, | ||||||||||||||||||||||||||
June 30, 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||||
Fixed Charges: | |||||||||||||||||||||||||||
Interest expensed and capitalized | $ | 13,394 | $ | 5,420 | $ | 2,194 | $ | 4,218 | $ | 1,096 | $ | 6,321 | |||||||||||||||
Amortized premiums, discounts and capital expenses related to indebtedness | 531 | 395 | 261 | 261 | — | 126 | |||||||||||||||||||||
Estimate of interest within rental expense | 39,600 | 85,632 | 63,735 | 35,510 | 24,451 | 23,151 | |||||||||||||||||||||
Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | |||||||||||||||||||||
$ | 53,525 | $ | 91,447 | $ | 66,190 | $ | 39,989 | $ | 25,547 | $ | 29,598 | ||||||||||||||||
Earnings: | |||||||||||||||||||||||||||
Added Items: | |||||||||||||||||||||||||||
Pretax income from continuing operations before minority interests and income (loss) from equity investees | $ | 196,713 | $ | 623,528 | $ | 542,203 | $ | 420,249 | $ | 334,084 | $ | 303,144 | |||||||||||||||
Fixed charges | 53,525 | 91,447 | 66,190 | 39,989 | 25,547 | 29,598 | |||||||||||||||||||||
Amortization of capitalized interest | 98 | 237 | 438 | 637 | 633 | 621 | |||||||||||||||||||||
Distributed income of equity investees | 2,001 | 4,772 | 5,290 | 8,661 | 6,063 | 7,647 | |||||||||||||||||||||
Share of pretax losses of equity investees for which charges arising from guarantees are included in fixed charges | — | — | — | — | — | — | |||||||||||||||||||||
Total added items | 252,337 | 719,984 | 614,121 | 469,536 | 366,327 | 341,010 | |||||||||||||||||||||
Subtracted Items: | |||||||||||||||||||||||||||
Interest capitalized | 1,093 | 712 | — | — | — | 311 | |||||||||||||||||||||
Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | |||||||||||||||||||||
Minority interest in pretax income of subsidiaries that have not incurred fixed charges | — | — | — | — | — | — | |||||||||||||||||||||
Total subtracted items | 1,093 | 712 | — | — | — | 311 | |||||||||||||||||||||
Earnings as defined | $ | 251,244 | $ | 719,272 | $ | 614,121 | $ | 469,536 | $ | 366,327 | $ | 340,699 | |||||||||||||||
Ratio of earnings to fixed charges | 4.69 | x | 7.87 | x | 9.28 | x | 11.74 | x | 14.34 | x | 11.51 | x | |||||||||||||||