Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - Allegiant Travel CO | a2020q2exhibit312.htm |
| EX-32 - EXHIBIT 32 - Allegiant Travel CO | a2020q2exhibit32.htm |
| EX-31.1 - EXHIBIT 31.1 - Allegiant Travel CO | a2020q2exhibit311.htm |
| 10-Q - 10-Q - Allegiant Travel CO | algt2020q2doc.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except for ratio)
Six Months Ended June 30, | |||
2020 | |||
Earnings: | |||
Income (loss) before income taxes | $ | (277,143 | ) |
Add: Fixed Charges | 39,265 | ||
Add: Amortization of capitalized interest | 115 | ||
Less: Interest capitalized | 4,067 | ||
Less: Earnings from joint venture, net | 581 | ||
Total earnings (loss) | $ | (242,411 | ) |
Fixed charges: | |||
Interest costs(1) | $ | 36,273 | |
Interest factor of operating lease expense(2) | 2,992 | ||
Total fixed charges | $ | 39,265 | |
Ratio of earnings (loss) to fixed charges(3) | (6.17 | ) | |
(1) | Interest costs include both interest expensed and capitalized, including amortization of deferred financing costs and original issue discount on debt. |
(2) | Interest factor of operating lease expense is based on an estimate which the Company considers to be a reasonable approximation. |
(3) | The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges. |