Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HAWAIIAN HOLDINGS INC | Financial_Report.xls |
| 10-Q - 10-Q - HAWAIIAN HOLDINGS INC | a12-7032_110q.htm |
| EX-31.1 - EX-31.1 - HAWAIIAN HOLDINGS INC | a12-7032_1ex31d1.htm |
| EX-32.1 - EX-32.1 - HAWAIIAN HOLDINGS INC | a12-7032_1ex32d1.htm |
| EX-31.2 - EX-31.2 - HAWAIIAN HOLDINGS INC | a12-7032_1ex31d2.htm |
| EX-32.2 - EX-32.2 - HAWAIIAN HOLDINGS INC | a12-7032_1ex32d2.htm |
Exhibit 12
Hawaiian Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands)
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Three Months Ended March 31, |
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2012 |
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2011 |
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(in thousands, except for ratio) |
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Earnings |
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|
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|
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Income before income taxes |
|
$ |
11,859 |
|
$ |
1,486 |
|
|
|
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|
|
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Additions: |
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|
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Total fixed charges (see below) |
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19,784 |
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18,582 |
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Subtractions: |
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|
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Interest capitalized |
|
2,573 |
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1,216 |
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|
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|
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Earnings as adjusted |
|
$ |
29,070 |
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$ |
18,852 |
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|
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Fixed Charges: |
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|
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Interest on indebtedness, expensed or capitalized |
|
$ |
7,901 |
|
$ |
2,884 |
|
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Amortization of debt expense and accretion of convertible debt |
|
1,147 |
|
310 |
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Portion of rental expense representative of the interest factor |
|
10,736 |
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15,388 |
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|
|
|
|
|
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Total fixed charges |
|
$ |
19,784 |
|
$ |
18,582 |
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|
|
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|
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Ratio of earnings to fixed charges |
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1.47 |
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1.01 |
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|
|
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Coverage deficiency |
|
$ |
— |
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$ |
— |
|