Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - ModivCare Inc | ex31-2.htm |
| EX-32.1 - EXHIBIT 32.1 - ModivCare Inc | ex32-1.htm |
| EX-32.2 - EXHIBIT 32.2 - ModivCare Inc | ex32-2.htm |
| EX-21.1 - EXHIBIT 21.1 - ModivCare Inc | ex21-1.htm |
| EX-31.1 - EXHIBIT 31.1 - ModivCare Inc | ex31-1.htm |
| EX-23.1 - EXHIBIT 23.1 - ModivCare Inc | ex23-1.htm |
| 10-K - FORM 10-K - ModivCare Inc | prsc20151231_10k.htm |
Exhibit 12.1
Providence Service Corporation
Ratio of Earnings to Fixed Charges
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For the Years |
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Ended December 31, |
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2011 |
2012 |
2013 |
2014 |
2015 |
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(in thousands, except ratios) |
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Earnings: |
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Pre-tax income (loss) from continuing operations before adjustment for loss from equity investee |
$ | 2,144 | $ | (1,868 | ) | $ | 19,730 | $ | 32,007 | $ | 8,640 | |||||||||
|
Add: Fixed charges |
14,447 | 12,818 | 12,330 | 24,141 | 43,668 | |||||||||||||||
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Less: Noncontrolling interest in pre-tax income (loss) of subsidiaries that have not incurred fixed charges |
- | - | - | - | (502 | ) | ||||||||||||||
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Earnings |
$ | 16,591 | $ | 10,950 | $ | 32,060 | $ | 56,148 | $ | 52,810 | ||||||||||
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Fixed charges: |
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Interest expense |
$ | 10,199 | $ | 7,636 | $ | 7,032 | $ | 13,328 | $ | 16,832 | ||||||||||
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Interest element of rentals |
4,248 | 5,182 | 5,298 | 10,813 | 22,901 | |||||||||||||||
|
Preferred dividend |
- | - | - | - | 3,935 | |||||||||||||||
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Fixed charges |
$ | 14,447 | $ | 12,818 | $ | 12,330 | $ | 24,141 | $ | 43,668 | ||||||||||
|
Ratio of earnings to fixed charges |
1.15 | 0.85 | 2.60 | 2.33 | 1.21 | |||||||||||||||