Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HAWAIIAN HOLDINGS INC | Financial_Report.xls |
| EX-32.1 - EXHIBIT - HAWAIIAN HOLDINGS INC | ex321q314.htm |
| EX-31.1 - EXHIBIT - HAWAIIAN HOLDINGS INC | ex311q314.htm |
| EX-31.2 - EXHIBIT - HAWAIIAN HOLDINGS INC | ex312q314.htm |
| 10-Q - 10-Q - HAWAIIAN HOLDINGS INC | ha-09302014x10q.htm |
| EX-32.2 - EXHIBIT - HAWAIIAN HOLDINGS INC | ex322q314.htm |
Exhibit 12
Hawaiian Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges
Three Months Ended September 30, | Nine Months Ended September 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
(in thousands, except ratio of earnings to fixed charges) | |||||||||||||||||
Earnings | |||||||||||||||||
Income before income taxes | $ | 58,364 | $ | 67,418 | $ | 95,051 | $ | 58,254 | |||||||||
Total fixed charges (see below) | 29,027 | 25,389 | 82,768 | 71,652 | |||||||||||||
Interest capitalized | (1,834 | ) | (3,005 | ) | (6,584 | ) | (9,336 | ) | |||||||||
Earnings as adjusted | $ | 85,557 | $ | 89,802 | $ | 171,235 | $ | 120,570 | |||||||||
Fixed Charges: | |||||||||||||||||
Interest and amortization of debt discounts and issuance costs | $ | 17,104 | $ | 13,479 | $ | 48,111 | $ | 37,019 | |||||||||
Portion of rental expense representative of the interest factor | 11,923 | 11,910 | 34,657 | 34,633 | |||||||||||||
Total fixed charges | $ | 29,027 | $ | 25,389 | $ | 82,768 | $ | 71,652 | |||||||||
Ratio of earnings to fixed charges | 2.95 | 3.54 | 2.07 | 1.68 | |||||||||||||
Coverage deficiency | $ | — | $ | — | $ | — | $ | — | |||||||||