Attached files
| file | filename |
|---|---|
| EX-10.17 - EX-10.17 - POINDEXTER J B & CO INC | a11-2146_1ex10d17.htm |
| EX-31.1 - EX-31.1 - POINDEXTER J B & CO INC | a11-2146_1ex31d1.htm |
| EX-32.1 - EX-32.1 - POINDEXTER J B & CO INC | a11-2146_1ex32d1.htm |
| 10-K - 10-K - POINDEXTER J B & CO INC | a11-2146_110k.htm |
| EX-32.2 - EX-32.2 - POINDEXTER J B & CO INC | a11-2146_1ex32d2.htm |
| EX-10.8 - EX-10.8 - POINDEXTER J B & CO INC | a11-2146_1ex10d8.htm |
| EX-31.2 - EX-31.2 - POINDEXTER J B & CO INC | a11-2146_1ex31d2.htm |
Exhibit 12
J.B. POINDEXTER AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
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Year ended December 31, |
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2010 |
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2009 |
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2008 |
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2007 |
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2006 |
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Earnings (A) |
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Pretax income from continuing operations |
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(3.5 |
) |
(7.1 |
) |
11.6 |
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2.3 |
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11.6 |
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Add: Fixed charges (see below) |
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21.6 |
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21.5 |
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21.7 |
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21.8 |
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21.8 |
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Add: Amortization of capitalized interest |
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— |
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— |
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— |
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— |
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— |
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Less: Capitalized interest |
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(0.5 |
) |
(0.5 |
) |
(0.4 |
) |
(0.6 |
) |
— |
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17.6 |
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13.9 |
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32.9 |
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23.5 |
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33.4 |
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Fixed charges (B) |
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Interest, either expensed or capitalized, and amortized capitalized expenses related to indebtedness |
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18.4 |
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18.2 |
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18.5 |
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18.7 |
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18.9 |
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An estimate of the interest within lease expense * |
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3.2 |
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3.3 |
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3.2 |
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3.1 |
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2.9 |
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21.6 |
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21.5 |
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21.7 |
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21.8 |
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21.8 |
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Ratio of Earnings to Fixed Charges (A/B) |
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0.8x |
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0.6x |
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1.5x |
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1.1x |
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1.5x |
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* Lease interest expense is estimated at 1/3 of operating lease expense.