HILLMAN COMPANIES INC - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - March 30, 2017

Attached files

file filename
10-K - 10-K - HILLMAN COMPANIES INChillman10-k12312016.htm
EX-32.2 - EXHIBIT 32.2 - HILLMAN COMPANIES INCexhibit322-12312016.htm
EX-32.1 - EXHIBIT 32.1 - HILLMAN COMPANIES INCexhibit321-12312016.htm
EX-31.2 - EXHIBIT 31.2 - HILLMAN COMPANIES INCexhibit312-12312016.htm
EX-31.1 - EXHIBIT 31.1 - HILLMAN COMPANIES INCexhibit311-12312016.htm
EX-21.1 - EXHIBIT 21.1 - HILLMAN COMPANIES INCexhibit211-12312016.htm


 
 
 
Exhibit 12.1
 
 
 
 
THE HILLMAN COMPANIES, INC.
Computation of Ratio of Earnings to Fixed Charges
Twelve Months Ended December 31, 2016
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Loss before Income Taxes
 
$
(21,896
)
 
 
 
 
  Add fixed charges:
 
 
 
Interest expense
 
63,789

 
Interest portion of rent expense
 
5,387

 
 
 
 
Adjusted income
 
$
47,280

 
 
 
 
Fixed charges:
 
 
 
Interest expense
 
$
63,789

 
Interest portion of rent expense
 
5,387

 
 
 
 
Fixed Charges
 
$
69,176

 
 
 
 
Ratio of earnings to Fixed Charges (1)
 
0.68

 
 
 
 
 
 
 
 
(1) The ratio of earnings to fixed charges has been computed by adding loss before income taxes and fixed charges to derive adjusted income, and dividing adjusted income by fixed charges. Fixed charges consist of interest expense on debt (including the amortization of debt expense) and one-third (the proportion deemed representative of the interest portion) of rent expense.



HILLMAN COMPANIES INC Reports