Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - Helmerich & Payne, Inc. | a2225827zex-21.htm |
| EX-32 - EX-32 - Helmerich & Payne, Inc. | a2225827zex-32.htm |
| EX-31.1 - EX-31.1 - Helmerich & Payne, Inc. | a2225827zex-31_1.htm |
| EX-31.2 - EX-31.2 - Helmerich & Payne, Inc. | a2225827zex-31_2.htm |
| EX-10.21 - EX-10.21 - Helmerich & Payne, Inc. | a2225827zex-10_21.htm |
| 10-K - 10-K - Helmerich & Payne, Inc. | a2225827z10-k.htm |
| EX-23.1 - EX-23.1 - Helmerich & Payne, Inc. | a2225827zex-23_1.htm |
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HELMERICH & PAYNE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
($ in thousands, except ratio)
| |
Years Ended September 30, | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||
Fixed Charges |
||||||||||||||||
Interest Expense |
$ | 15,036 | $ | 4,654 | $ | 6,129 | $ | 8,653 | $ | 17,355 | ||||||
Interest Capitalized During the Period |
6,951 | 7,677 | 8,788 | 12,882 | 8,207 | |||||||||||
Net Amortization of Debt Discount and Premium and Issuance Expense |
59 | 400 | 409 | 315 | 169 | |||||||||||
Interest Portion of Rental Expense |
877 | 826 | 692 | 656 | 569 | |||||||||||
| | | | | | | | | | | | | | | | | |
Total Fixed Charges Denominator |
$ | 22,923 | $ | 13,557 | $ | 16,018 | $ | 22,506 | $ | 26,300 | ||||||
Earnings |
||||||||||||||||
Pretax Income from Continuing Operations |
$ | 665,647 | $ | 1,096,314 | $ | 1,114,297 | $ | 902,580 | $ | 687,067 | ||||||
Fixed Charges Calculated Above |
22,923 | 13,557 | 16,018 | 22,506 | 26,300 | |||||||||||
Less Interest Capitalized During the Period |
(6,951 | ) | (7,677 | ) | (8,788 | ) | (12,882 | ) | (8,207 | ) | ||||||
Current Period Amortization of Interest Capitalized in Prior Periods |
4,357 | 3,963 | 3,621 | 3,109 | 2,299 | |||||||||||
| | | | | | | | | | | | | | | | | |
Earnings Numerator |
$ | 685,976 | $ | 1,106,157 | $ | 1,125,148 | $ | 915,313 | $ | 707,459 | ||||||
Ratio of Earnings to Fixed Charges |
29.9x |
81.6x |
70.2x |
40.7x |
26.9x |
|||||||||||
HELMERICH & PAYNE, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
($ in thousands, except ratio)