Attached files
| file | filename |
|---|---|
| EX-31.1 - EX-31.1 - BASIC ENERGY SERVICES, INC. | bas-20151231xex311.htm |
| 10-K - 10-K - BASIC ENERGY SERVICES, INC. | bas-20151231x10k.htm |
| EX-23.1 - EX-23.1 - BASIC ENERGY SERVICES, INC. | bas-20151231xex231.htm |
| EX-32.1 - EX-32.1 - BASIC ENERGY SERVICES, INC. | bas-20151231xex321.htm |
| EX-21.1 - EX-21.1 - BASIC ENERGY SERVICES, INC. | bas-20151231xex211.htm |
| EX-31.2 - EX-31.2 - BASIC ENERGY SERVICES, INC. | bas-20151231xex312.htm |
| EX-32.2 - EX-32.2 - BASIC ENERGY SERVICES, INC. | bas-20151231xex322.htm |
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
|
Year-Ended December 31, |
||||||||||
|
(unaudited) |
2015 |
2014 |
2013 |
2012 |
2011 |
|||||
|
Earnings: |
||||||||||
|
Income from continuing operations before income taxes |
$ |
(373,075) |
$ |
(7,820) |
$ |
(55,654) |
$ |
29,849 |
$ |
76,730 |
|
Fixed charges |
72,741 | 73,012 | 73,589 | 68,594 | 59,608 | |||||
|
Earnings |
$ |
(300,334) |
$ |
65,192 |
$ |
17,935 |
$ |
98,443 |
$ |
136,338 |
|
Fixed charges: |
||||||||||
|
Rental expense |
$ |
4,638 |
$ |
5,621 |
$ |
6,081 |
$ |
6,156 |
$ |
5,722 |
|
Interest expense |
68,103 | 67,391 | 67,508 | 62,438 | 53,886 | |||||
|
Fixed charges |
$ |
72,741 |
$ |
73,012 |
$ |
73,589 |
$ |
68,594 |
$ |
59,608 |
|
Ratio of earnings to fixed charges |
(a) |
(a) |
(a) |
1.4x |
2.3x |
|||||
|
(a) |
Earnings were inadequate to cover fixed charges for the years ended December 31, 2015, 2014 and 2013 by $373.0 million, $7.8 million and $55.7 million, respectively. |