Attached files
file | filename |
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10-Q - FORM 10-Q - Allegiant Travel CO | algt2016q3doc.htm |
EX-32 - EXHIBIT 32 - Allegiant Travel CO | a2016q3exhibit32.htm |
EX-31.2 - EXHIBIT 31.2 - Allegiant Travel CO | a2016q3exhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - Allegiant Travel CO | a2016q3exhibit311.htm |
EX-10.10 - EXHIBIT 10.10 - Allegiant Travel CO | a2016q3exhibit1010.htm |
EX-10.9 - EXHIBIT 10.9 - Allegiant Travel CO | a2016q3exhibit109.htm |
EX-10.8 - EXHIBIT 10.8 - Allegiant Travel CO | a2016q3exhibit108.htm |
EX-10.7 - EXHIBIT 10.7 - Allegiant Travel CO | a2016q3exhibit107.htm |
EX-10.6 - EXHIBIT 10.6 - Allegiant Travel CO | a2016q3exhibit106.htm |
EX-10.5 - EXHIBIT 10.5 - Allegiant Travel CO | a2016q3exhibit105.htm |
EX-10.4 - EXHIBIT 10.4 - Allegiant Travel CO | a2016q3exhibit104.htm |
EX-10.3 - EXHIBIT 10.3 - Allegiant Travel CO | a2016q3exhibit103.htm |
EX-10.2 - EXHIBIT 10.2 - Allegiant Travel CO | a2016q3exhibit102.htm |
EX-10.1 - EXHIBIT 10.1 - Allegiant Travel CO | a2016q3exhibit101.htm |
EX-3.2 - EXHIBIT 3.2 - Allegiant Travel CO | aa2016q3exhibit32.htm |
Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except for ratio)
Nine Months Ended September 30, | |||
2016 | |||
Earnings: | |||
Income before income taxes | $ | 283,949 | |
Add: Fixed Charges | 23,367 | ||
Add: Amortization of capitalized interest | 95 | ||
Less: Interest capitalized | — | ||
Less: Earnings from joint venture, net | 142 | ||
Less: pre-tax net loss attributable to noncontrolling interest | — | ||
Total earnings | $ | 307,269 | |
Fixed charges: | |||
Interest expense (1) | $ | 21,567 | |
Interest factor of operating lease expense (2) | 1,800 | ||
Total fixed charges | $ | 23,367 | |
Ratio of earnings to fixed charges (3) | 13.15 |
(1) | Interest expense includes both expensed and capitalized, including amortization of deferred financing costs and original issue discount on debt. |
(2) | Interest factor of operating lease expense is based on an estimate which the Company considers to be a reasonable approximation. |
(3) | The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges. |