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EX-23.2 - EX-23.2 CONSENT MOSS ADAMS - DallasNews Corpc898-20161231xex23_2.htm
10-K - 10-K - DallasNews Corpc898-20161231x10k.htm
EX-99.1 - EX-99.1 FINANCIAL STATEMENTS WANDERFUL MEDIA LLC - DallasNews Corpc898-20161231xex99_1.htm
EX-32 - EX-32 SECTION 1350 CERTIFICATION - DallasNews Corpc898-20161231xex32.htm
EX-31.2 - EX-31.2 SECTION 302 CERTIFICATION - DallasNews Corpc898-20161231xex31_2.htm
EX-31.1 - EX-31.1 SECTION 302 CERTIFICATION - DallasNews Corpc898-20161231xex31_1.htm
EX-23.1 - EX-23.1 CONSENT KPMG - DallasNews Corpc898-20161231xex23_1.htm
EX-21 - EX-21 SUBSIDIARIES - DallasNews Corpc898-20161231xex21.htm

Exhibit 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

  

 

Years Ended December 31,

In thousands, except ratios

 

2016

 

2015

 

2014

 

2013

 

2012

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

$

 —

 

$

 —

 

$

 —

 

$

311 

 

$

629 

Portion of rental expense representative of the interest factor (1)

 

 

663 

 

 

619 

 

 

575 

 

 

604 

 

 

628 

Total Fixed Charges

 

$

663 

 

$

619 

 

$

575 

 

$

915 

 

$

1,257 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) Before Tax:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations before income taxes

 

$

(21,452)

 

$

(19,764)

 

$

91,985 

 

$

3,376 

 

$

6,900 

Add: Total fixed charges

 

 

663 

 

 

619 

 

 

575 

 

 

915 

 

 

1,257 

Less: Net income (loss) attributable to noncontrolling interests

 

 

130 

 

 

(415)

 

 

(152)

 

 

(193)

 

 

(107)

Total Earnings Available for Fixed Charges

 

$

(20,919)

 

$

(18,730)

 

$

92,712 

 

$

4,484 

 

$

8,264 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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, 2016 and 2015 were not sufficient to provide for fixed charges.