Attached files
file | filename |
---|---|
EX-10.1 - Emergent BioSolutions Inc. | exhibit10_1.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 |
EX-10.2 - Emergent BioSolutions Inc. | exhibit10_2.htm |
10-Q - Emergent BioSolutions Inc. | form10-q032018.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
|
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Year to Date
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|||||||||||||||||||||||
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March 31,
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Year Ended December 31,
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|||||||||||||||||||||
(in thousands)
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
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|||||||||||||||||
|
|||||||||||||||||||||||
Pretax income (loss) from continuing operations (1)
|
$
|
(9,423)
|
|
$
|
118,633
|
$
|
99,221
|
$
|
135,716
|
$
|
84,194
|
$
|
83,439
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||||||||||
Fixed charges
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|||||||||||||||||||||||
Interest expense
|
211
|
6,987
|
8,270
|
7,834
|
7,480
|
1,973
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|||||||||||||||||
Debt issuance cost
|
95
|
1,759
|
1,526
|
1,564
|
3,290
|
319
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|||||||||||||||||
Total fixed charges (2)
|
306
|
8,746
|
9,796
|
9,398
|
10,770
|
2,292
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|||||||||||||||||
Noncontrolling interest in pretax income (3)
|
-
|
-
|
-
|
-
|
-
|
876
|
|||||||||||||||||
Capitalized interest (4)
|
72
|
2,156
|
2,179
|
2,875
|
2,530
|
1,973
|
|||||||||||||||||
Earnings ((1) + (2) -(3) -(4))
|
(9,189)
|
|
125,223
|
106,838
|
142,239
|
92,434
|
82,882
|
||||||||||||||||
Fixed charges
|
306
|
8,746
|
9,796
|
9,398
|
10,770
|
2,292
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|||||||||||||||||
Ratio of earnings to fixed charges
|
-
|
14.3
|
10.9
|
15.1
|
8.6
|
36.2
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|||||||||||||||||
Coverage deficiency | (9,423) | - | - | - | - | - |