Attached files
file | filename |
---|---|
10-K - FORM 10-K - Waste Connections US, Inc. | v429675_10k.htm |
EX-21.1 - EXHIBIT 21.1 - Waste Connections US, Inc. | v429675_ex21-1.htm |
EX-32.2 - EXHIBIT 32.2 - Waste Connections US, Inc. | v429675_ex32-2.htm |
EX-31.1 - EXHIBIT 31.1 - Waste Connections US, Inc. | v429675_ex31-1.htm |
EX-23.1 - EXHIBIT 23.1 - Waste Connections US, Inc. | v429675_ex23-1.htm |
EX-32.1 - EXHIBIT 32.1 - Waste Connections US, Inc. | v429675_ex32-1.htm |
EX-31.2 - EXHIBIT 31.2 - Waste Connections US, Inc. | v429675_ex31-2.htm |
EX-10.36 - EXHIBIT 10.36 - Waste Connections US, Inc. | v429675_ex10-36.htm |
EX-10.37 - EXHIBIT 10.37 - Waste Connections US, Inc. | v429675_ex10-37.htm |
EX-10.38 - EXHIBIT 10.38 - Waste Connections US, Inc. | v429675_ex10-38.htm |
EXHIBIT 12.1
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES
(In thousands)
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) before income tax provision | (126,286 | ) | 385,662 | 320,921 | 265,103 | 273,129 | ||||||||||||||
Plus: fixed charges per below | 69,775 | 70,194 | 80,197 | 57,274 | 46,562 | |||||||||||||||
Less: capitalized interest per below | - | - | - | - | - | |||||||||||||||
Plus: current period amortization of interest capitalized in prior periods | 49 | 49 | 49 | 49 | 39 | |||||||||||||||
Total earnings | $ | (56,462 | ) | $ | 455,905 | $ | 401,167 | $ | 322,426 | $ | 319,730 | |||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 64,236 | $ | 64,674 | $ | 73,579 | $ | 53,037 | $ | 44,520 | ||||||||||
Capitalized interest | - | - | - | - | - | |||||||||||||||
Interest portion of rent expense | 5,540 | 5,520 | 6,618 | 4,237 | 2,042 | |||||||||||||||
Total fixed charges | $ | 69,776 | $ | 70,194 | $ | 80,197 | $ | 57,274 | $ | 46,562 | ||||||||||
Ratio of earnings to fixed charges | (0.8 | ) | 6.5 | 5.0 | 5.6 | 6.9 | ||||||||||||||
Insufficient coverage | $ | 126,237 | $ | - | $ | - | $ | - | $ | - |