Attached files
file | filename |
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EX-99.2 - EXHIBIT 99.2 - ModivCare Inc | ex99-2.htm |
EX-99.1 - EXHIBIT 99.1 - ModivCare Inc | ex99-1.htm |
EX-32.2 - EXHIBIT 32.2 - ModivCare Inc | ex32-2.htm |
EX-32.1 - EXHIBIT 32.1 - ModivCare Inc | ex32-1.htm |
EX-31.2 - EXHIBIT 31.2 - ModivCare Inc | ex31-2.htm |
EX-31.1 - EXHIBIT 31.1 - ModivCare Inc | ex31-1.htm |
EX-23.3 - EXHIBIT 23.3 - ModivCare Inc | ex23-3.htm |
EX-23.2 - EXHIBIT 23.2 - ModivCare Inc | ex23-2.htm |
EX-23.1 - EXHIBIT 23.1 - ModivCare Inc | ex23-1.htm |
EX-21.1 - EXHIBIT 21.1 - ModivCare Inc | ex21-1.htm |
EX-10.17 - EXHIBIT 10.17 - ModivCare Inc | ex10-17.htm |
EX-10.16 - EXHIBIT 10.16 - ModivCare Inc | ex10-16.htm |
10-K - FORM 10-K - ModivCare Inc | prsc20161231_10k.htm |
Exhibit 12.1
Providence Service Corporation
Ratio of Earnings to Fixed Charges
For the Years |
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Ended December 31, |
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2012 |
2013 |
2014 |
2015 |
2016 |
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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 |
$ | (1,868 | ) | $ | 19,730 | $ | 32,800 | $ | 876 | $ | 8,409 | |||||||||
Add: Fixed charges |
12,818 | 12,330 | 20,900 | 26,739 | 25,277 | |||||||||||||||
Less: Noncontrolling interest in pre-tax income (loss) of subsidiaries that have not incurred fixed charges |
- | - | - | (502 | ) | (2,082 | ) | |||||||||||||
Earnings |
$ | 10,950 | $ | 32,060 | $ | 53,700 | $ | 28,117 | $ | 35,768 | ||||||||||
Fixed charges: |
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Interest expense |
$ | 7,636 | $ | 7,032 | $ | 10,424 | $ | 2,456 | $ | 1,767 | ||||||||||
Interest element of rentals |
5,182 | 5,298 | 10,476 | 20,348 | 19,091 | |||||||||||||||
Preferred dividend |
- | - | - | 3,935 | 4,419 | |||||||||||||||
Fixed charges |
$ | 12,818 | $ | 12,330 | $ | 20,900 | $ | 26,739 | $ | 25,277 | ||||||||||
Ratio of earnings to fixed charges |
0.85 | 2.60 | 2.57 | 1.05 | 1.42 |