Attached files
file | filename |
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10-K - 10-K - DallasNews Corp | c898-20151231x10k.htm |
EX-21. SUBSIDIARIES - EX-21. SUBSIDIARIES - DallasNews Corp | c898-20151231ex21subsidi.htm |
EX-99.1. FINANCIAL S - EX-99.1. FINANCIAL STATEMENTS CLASSIFIED VENTURES LLC - DallasNews Corp | c898-20151231ex991financ.htm |
EX-23.3. CONSENT PWC - EX-23.3. CONSENT PWC - DallasNews Corp | c898-20151231ex233consen.htm |
EX-31.1. SECTION 302 - EX-31.1. SECTION 302 CERTIFICATION - DallasNews Corp | c898-20151231ex311sectio.htm |
EX-99.2. FINANCIAL S - EX-99.2. FINANCIAL STATEMENTS WANDERFUL MEDIA LLC - DallasNews Corp | c898-20151231ex992financ.htm |
EX-31.2. SECTION 302 - EX-31.2. SECTION 302 CERTIFICATION - DallasNews Corp | c898-20151231ex312sectio.htm |
EX-32. SECTION 1350 - EX-32. SECTION 1350 CERTIFICATION - DallasNews Corp | c898-20151231ex32section.htm |
EX-23.1. CONSENT KPM - EX-23.1. CONSENT KPMG - DallasNews Corp | c898-20151231ex231consen.htm |
EX-23.2. CONSENT MOS - EX-23.2. CONSENT MOSS ADAMS - DallasNews Corp | c898-20151231ex232consen.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended December 31, |
|||||||||||||||
In thousands |
2015 |
2014 |
2013 |
2012 |
2011 |
||||||||||
Fixed Charges: |
|||||||||||||||
Interest |
$ |
— |
$ |
— |
$ |
311 |
$ |
629 |
$ |
668 | |||||
Portion of rental expense representative of the interest factor (1) |
619 | 575 | 604 | 628 | 997 | ||||||||||
Total Fixed Charges |
$ |
619 |
$ |
575 |
$ |
915 |
$ |
1,257 |
$ |
1,665 | |||||
Earnings (loss) before tax: |
|||||||||||||||
Income from continuing operations before income taxes |
$ |
(19,764) |
$ |
91,985 |
$ |
3,376 |
$ |
6,900 |
$ |
(3,233) | |||||
Add: Total fixed charges |
619 | 575 | 915 | 1,257 | 1,665 | ||||||||||
Less: Net loss attributable to noncontrolling interests |
(415) | (152) | (193) | (107) |
— |
||||||||||
Total Earnings Available for Fixed Charges |
$ |
(18,730) |
$ |
92,712 |
$ |
4,484 |
$ |
8,264 |
$ |
(1,568) | |||||
Ratio of Earnings to Fixed Charges(2) |
— |
161.2 | 4.9 | 6.6 |
— |
(1) |
For purposes of calculating fixed charges, an interest factor of one-third was applied to total rental expense. |
(2) |
Adjusted earnings for the years ended December 31, 2015 and 2011 were not sufficient to provide for fixed charges. |
(3) |
For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings includes a charge of $1,988 related to the withdrawal from a defined benefit plan of the former parent company. Adjusted earnings are not sufficient to provide for fixed charges. |