Attached files
| file | filename |
|---|---|
| EX-31.2 - Catamaran Corp | sxciexhibit312.htm |
| EX-31.1 - Catamaran Corp | sxciexhibit311.htm |
| EX-32.2 - Catamaran Corp | sxciexhibit322.htm |
| EX-32.1 - Catamaran Corp | sxciexhibit321.htm |
| EX-10.30 - Catamaran Corp | sxciexhibit1030.htm |
| EX-10.28 - Catamaran Corp | sxciexhibit1028.htm |
| EX-10.29 - Catamaran Corp | sxciexhibit1029.htm |
| EX-10.31 - Catamaran Corp | sxciexhibit1031.htm |
| EX-21.1 - Catamaran Corp | sxciexhibit21110k2010.htm |
| EX-23.1 - Catamaran Corp | sxciexhibit23110k2010.htm |
| 10-K - Catamaran Corp | sxci10k123110.htm |
Exhibit 12.1
SXC HEALTH SOLUTIONS CORP. | ||||||||||||||||||||||||
Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income before income taxes | $ | 97,556 | $ | 68,085 | $ | 20,304 | $ | 17,444 | $ | 16,343 | $ | 7,164 | ||||||||||||
Add fixed charges: | ||||||||||||||||||||||||
Interest expense (1) | 1,362 | 5,399 | 4,140 | 112 | 1,867 | 1,896 | ||||||||||||||||||
Interest portion of consolidated rent expense (2) | 1,896 | 2,179 | 1,773 | 747 | 684 | 518 | ||||||||||||||||||
Adjusted earnings | $ | 100,814 | $ | 75,663 | $ | 26,217 | $ | 18,303 | $ | 18,894 | $ | 9,578 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | $ | 1,362 | $ | 5,399 | $ | 4,140 | $ | 112 | $ | 1,867 | $ | 1,896 | ||||||||||||
Interest portion of consolidated rent expense | 1,896 | 2,179 | 1,773 | 747 | 684 | 518 | ||||||||||||||||||
Total fixed charges | $ | 3,258 | $ | 7,578 | $ | 5,913 | $ | 859 | $ | 2,551 | $ | 2,414 | ||||||||||||
Ratio of earnings to fixed charges | 30.94 | 9.98 | 4.43 | 21.31 | 7.41 | 3.97 | ||||||||||||||||||
(1) Interest expense on income tax contingencies is not included in fixed charges
(2) One third of rental expenses was used to represent the interest factor of rental expenses