BASIC ENERGY SERVICES, INC. - FORM 10-K - EX-12.1 - February 25, 2011

Attached files

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10-K - FORM 10-K - BASIC ENERGY SERVICES, INC.h79887e10vk.htm
EX-23.1 - EX-23.1 - BASIC ENERGY SERVICES, INC.h79887exv23w1.htm
EX-32.2 - EX-32.2 - BASIC ENERGY SERVICES, INC.h79887exv32w2.htm
EX-31.2 - EX-31.2 - BASIC ENERGY SERVICES, INC.h79887exv31w2.htm
EX-31.1 - EX-31.1 - BASIC ENERGY SERVICES, INC.h79887exv31w1.htm
EX-32.1 - EX-32.1 - BASIC ENERGY SERVICES, INC.h79887exv32w1.htm
Exhibit 12.1
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
                                         
    Year-Ended December 31,  
(unaudited)   2010     2009     2008     2007     2006  
Earnings:
                                        
Income from continuing operatioins before income taxes
     (68,356 )     (341,067 )     123,372       140,499       153,572  
Fixed charges
     50,725       37,403       33,525       33,216       22,099  
 
                              
Earnings
     (17,631 )     (303,664 )     156,897       173,715       175,671  
 
                              
 
                                        
Fixed charges:
                                        
Rental expense
     4,254       4,454       6,759       5,800       4,633  
Interest expense
     46,471       32,949       26,766       27,416       17,466  
 
                              
Fixed charges
     50,725       37,403       33,525       33,216       22,099  
 
                              
 
Ratio of earnings to fixed charges
     (0.3 )x     (8.1 )x     4.7 x     5.2 x     7.9 x

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