Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 SECTION 1350 CERTIFICATION - DallasNews Corp | ahc-20171231xex32.htm |
| EX-31.2 - EX-31.2 SECTION 302 CERTIFICATION - DallasNews Corp | ahc-20171231xex31_2.htm |
| EX-31.1 - EX-31.1 SECTION 302 CERTIFICATION - DallasNews Corp | ahc-20171231xex31_1.htm |
| EX-23.1 - EX-23.1 CONSENT KPMG - DallasNews Corp | ahc-20171231xex23_1.htm |
| EX-21 - EX-21 SUBSIDIARIES - DallasNews Corp | ahc-20171231xex21.htm |
| 10-K - 10-K - DallasNews Corp | ahc-20171231x10k.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Years Ended December 31, |
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In thousands, except ratios |
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2017 |
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2016 |
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2015 |
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2014 |
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2013 |
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Fixed Charges: |
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Interest |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
311 |
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Portion of rental expense representative of the interest factor (1) |
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1,028 |
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663 |
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619 |
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575 |
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604 |
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Total Fixed Charges |
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$ |
1,028 |
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$ |
663 |
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$ |
619 |
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$ |
575 |
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$ |
915 |
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Earnings (Loss) Before Tax: |
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Income (loss) from continuing operations before income taxes |
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$ |
3,901 |
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$ |
(21,452) |
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$ |
(19,764) |
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$ |
91,985 |
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$ |
3,376 |
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Add: Total fixed charges |
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1,028 |
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663 |
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619 |
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575 |
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915 |
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Less: Net income (loss) attributable to noncontrolling interests |
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— |
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130 |
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(415) |
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(152) |
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(193) |
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Total Earnings Available for Fixed Charges |
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$ |
4,929 |
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$ |
(20,919) |
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$ |
(18,730) |
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$ |
92,712 |
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$ |
4,484 |
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Ratio of Earnings to Fixed Charges(2) |
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4.8 |
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— |
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— |
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161.2 |
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4.9 |
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(1) |
For purposes of calculating fixed charges, an interest factor of one-third was applied to total rental expense. |
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(2) |
Adjusted earnings for the years ended December 31, 2016 and 2015 were not sufficient to provide for fixed charges. |