Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - BASIC ENERGY SERVICES, INC. | bas-20161231xex322.htm |
| EX-32.1 - EXHIBIT 32.1 - BASIC ENERGY SERVICES, INC. | bas-20161231xex321.htm |
| EX-31.2 - EXHIBIT 31.2 - BASIC ENERGY SERVICES, INC. | bas-20161231xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - BASIC ENERGY SERVICES, INC. | bas-20161231xex311.htm |
| EX-23.1 - EXHIBIT 23.1 - BASIC ENERGY SERVICES, INC. | bas-20161231xex231.htm |
| EX-21.1 - EXHIBIT 21.1 - BASIC ENERGY SERVICES, INC. | bas-20161231xex211.htm |
| EX-10.43 - EXHIBIT 10.43 - BASIC ENERGY SERVICES, INC. | ex1043dipcreditagreement.htm |
| 10-K - 10-K - BASIC ENERGY SERVICES, INC. | bas_123116x10kdocument.htm |
Exhibit 12.1
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
Year-Ended December 31, | ||||||||||||||||||||
(unaudited) | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Earnings: | ||||||||||||||||||||
Income from continuing operations before income taxes | $ | (127,256 | ) | $ | (373,075 | ) | $ | (7,820 | ) | $ | (55,654 | ) | $ | 29,849 | ||||||
Fixed charges | 102,890 | 72,741 | 73,012 | 73,589 | 68,594 | |||||||||||||||
Earnings | $ | (24,366 | ) | $ | (300,334 | ) | $ | 65,192 | $ | 17,935 | $ | 98,443 | ||||||||
Fixed charges: | ||||||||||||||||||||
Rental expense | $ | 6,265 | $ | 4,638 | $ | 5,621 | $ | 6,081 | $ | 6,156 | ||||||||||
Interest expense | 96,625 | 68,103 | 67,391 | 67,508 | 62,438 | |||||||||||||||
Fixed charges | $ | 102,890 | $ | 72,741 | $ | 73,012 | $ | 73,589 | $ | 68,594 | ||||||||||
Ratio of earnings to fixed charges | (a) | (a) | (a) | (a) | 1.4x | |||||||||||||||
(a) Earnings were inadequate to cover fixed charges for the years ended December 31, 2016, 2015 and 2014 by $127.3 million, $373.1 million and $7.87 million, respectively.