Attached files
| file | filename |
|---|---|
| 10-K - 10-K - DEAN FOODS CO | df-20161231x10k.htm |
| EX-99 - EXHIBIT 99 - DEAN FOODS CO | df-20161231x10kxexx99.htm |
| EX-32.2 - EXHIBIT 32.2 - DEAN FOODS CO | df-20161231x10kxex322.htm |
| EX-32.1 - EXHIBIT 32.1 - DEAN FOODS CO | df-20161231x10kxexx321.htm |
| EX-31.2 - EXHIBIT 31.2 - DEAN FOODS CO | df-20161231x10kxexx312.htm |
| EX-31.1 - EXHIBIT 31.1 - DEAN FOODS CO | df-20161231x10kxexx311.htm |
| EX-23 - EXHIBIT 23 - DEAN FOODS CO | df-20161231x10kxexx23.htm |
| EX-21 - EXHIBIT 21 - DEAN FOODS CO | df-20161231x10kxexx21.htm |
| EX-10.28 - EXHIBIT 10.28 - DEAN FOODS CO | df-20161231x10kxexx1028.htm |
| EX-10.6 - EXHIBIT 10.6 - DEAN FOODS CO | df-20161231x10kxexx106.htm |
EXHIBIT 12
DEAN HOLDING COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(In thousands)
The table below sets forth the computation of ratios of earnings to fixed charges for the years ended December 31, 2016, 2015, 2014, 2013 and 2012:
Year Ended December 31 | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Income (loss) from continuing operations before income taxes | $ | 202,651 | $ | (13,310 | ) | $ | (52,283 | ) | $ | 283,304 | $ | 111,760 | |||||||
Fixed charges: | |||||||||||||||||||
Interest expense | 66,795 | 66,813 | 61,019 | 200,588 | 150,589 | ||||||||||||||
Portion of rentals (33%) | 42,446 | 41,848 | 39,628 | 41,581 | 42,066 | ||||||||||||||
Capitalized interest | 479 | 499 | 458 | (110 | ) | 2,468 | |||||||||||||
Total fixed charges | 109,720 | 109,160 | 101,105 | 242,059 | 195,123 | ||||||||||||||
Income from continuing operations before income taxes and fixed charges less capitalized interest and equity in earnings of unconsolidated affiliate | $ | 311,892 | $ | 95,351 | $ | 48,364 | $ | 525,473 | $ | 304,415 | |||||||||
Ratio of earnings to fixed charges | 2.84x | 0.87x | 0.48x | 2.17x | 1.56 | ||||||||||||||
Deficiency in the coverage of earnings to fixed charges | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||