Attached files
| file | filename |
|---|---|
| EX-21 - SUBSIDIARIES OF CRC HEALTH CORPORATION - CRC Health CORP | d241868dex21.htm |
| EX-32.1 - SECTION 1350 CERTIFICATION OF PEO - CRC Health CORP | d241868dex321.htm |
| EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF PEO - CRC Health CORP | d241868dex311.htm |
| EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF PFO AND PAO - CRC Health CORP | d241868dex312.htm |
| EX-32.2 - SECTION 1350 CERTIFICATION OF PFO AND PAO - CRC Health CORP | d241868dex322.htm |
| 10-K/A - AMENDMENT NO. 1 TO FORM 10-K - CRC Health CORP | d241868d10ka.htm |
Exhibit 12
CRC Health Corporation
Ratio of Earnings to Fixed Charges
(In thousands, except ratios)
| Year Ended 2010 |
Year Ended 2009 |
Year Ended 2008 |
Year Ended 2007 |
Eleven Months Ended December 31, 2006 |
One Month Ended January 31, 2006 |
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| (Successor) | (Successor) | (Successor) | (Successor) | (Successor) | (Predecessor) | |||||||||||||||||||
| As Restated | As Restated | As Restated | As Restated | As Restated | As Restated | |||||||||||||||||||
| Earnings (loss) from operations: |
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| Income (loss) from operations before income taxes |
$ | (45,771 | ) | $ | (15,852 | ) | $ | (126,120 | ) | $ | (717 | ) | $ | 5,994 | $ | (51,517 | ) | |||||||
| Add: Fixed Charges |
58,484 | 60,812 | 71,392 | 75,020 | 47,495 | 2,951 | ||||||||||||||||||
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| Earnings, as adjusted |
$ | 12,713 | $ | 44,960 | $ | (54,728 | ) | $ | 74,303 | $ | 53,489 | $ | (48,566 | ) | ||||||||||
| Computation of fixed charges: |
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| Total interest expense, including interest expensed and amortization of capitalized financing costs and debt discount |
$ | 42,780 | $ | 45,279 | $ | 54,104 | $ | 59,708 | $ | 40,771 | $ | 2,506 | ||||||||||||
| Interest portion of rent expense |
15,704 | 15,533 | 17,288 | 15,312 | 6,724 | 445 | ||||||||||||||||||
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| Total fixed charges |
$ | 58,484 | $ | 60,812 | $ | 71,392 | $ | 75,020 | $ | 47,495 | $ | 2,951 | ||||||||||||
| Ratio of earnings to fixed charges (1) |
0.22 | 0.74 | (0.77 | ) | 0.99 | 1.13 | -16.45 | |||||||||||||||||
| Ratio of earnings to fixed charges (1) |
0.22x | 0.74x | — | 0.99x | 1.13x | — | ||||||||||||||||||
| (1) | The ratio of earnings to fixed charges is completed by dividing earnings by fixed charges. “Earnings” consist of earnings before income taxes plus fixed charges. Fixed charges include (i) interest expense on borrowings and amortization of capitalized financing costs and debt discount and (ii) a reasonable approximation of the interest factor deemed to be included in rental expense. Earnings, as adjusted were not sufficient to cover fixed charges by approximately $45.8 million for the fiscal year ended December 31, 2010, $15.9 million for the fiscal year ended December 31, 2009, $126.1 million for the fiscal year ended December 31, 2008, $0.7 for the fiscal year ended December 31, 2007 $51.5 million for one month ended January 31, 2006, respectively. |