Attached files
file | filename |
---|---|
10-Q - Emergent BioSolutions Inc. | form10-q092017.htm |
EX-10.2 - Emergent BioSolutions Inc. | exhibit10_2.htm |
EX-32 - Emergent BioSolutions Inc. | exhibit32_2.htm |
EX-32 - Emergent BioSolutions Inc. | exhibit32_1.htm |
EX-31 - Emergent BioSolutions Inc. | exhibit31_2.htm |
EX-31 - Emergent BioSolutions Inc. | exhibit31_1.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
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Year to Date
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|||||||||||||||||||||||
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September 30,
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Year Ended December 31,
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|||||||||||||||||||||
(in thousands)
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2017
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2016
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2015
|
2014
|
2013
|
2012
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|||||||||||||||||
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|||||||||||||||||||||||
Pretax income from continuing operations (1)
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$
|
66,680
|
|
$
|
99,221
|
$
|
135,716
|
$
|
84,194
|
$
|
83,439
|
$
|
68,011
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||||||||||
Fixed charges
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|||||||||||||||||||||||
Interest expense
|
5,760
|
8,270
|
7,834
|
7,480
|
1,973
|
2,177
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|||||||||||||||||
Debt issuance cost
|
1,523
|
1,526
|
1,564
|
3,290
|
319
|
67
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|||||||||||||||||
Total fixed charges (2)
|
7,283
|
9,796
|
9,398
|
10,770
|
2,292
|
2,244
|
|||||||||||||||||
Noncontrolling interest in pretax income (3)
|
-
|
-
|
-
|
-
|
876
|
5,381
|
|||||||||||||||||
Capitalized interest (4)
|
1,549
|
2,179
|
2,875
|
2,530
|
1,973
|
2,177
|
|||||||||||||||||
Earnings ((1) + (2) -(3) -(4))
|
72,414
|
|
106,838
|
142,239
|
92,434
|
82,882
|
62,697
|
||||||||||||||||
Fixed charges
|
7,283
|
9,796
|
9,398
|
10,770
|
2,292
|
2,244
|
|||||||||||||||||
Ratio of earnings to fixed charges
|
9.9
|
10.9
|
15.1
|
8.6
|
36.2
|
27.9
|