Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HAWAIIAN HOLDINGS INC | Financial_Report.xls |
| EX-31.1 - EXHIBIT 31.1 - HAWAIIAN HOLDINGS INC | ex311q1201510qa.htm |
| EX-31.2 - EXHIBIT 31.2 - HAWAIIAN HOLDINGS INC | ex312q1201510qa.htm |
| EX-32.2 - EXHIBIT 32.2 - HAWAIIAN HOLDINGS INC | ex322q1201510qa.htm |
| EX-32.1 - EXHIBIT 32.1 - HAWAIIAN HOLDINGS INC | ex321q1201510qa.htm |
| 10-Q/A - 10-Q/A - HAWAIIAN HOLDINGS INC | ha-03312015x10qa.htm |
Exhibit 12
Hawaiian Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges
Three Months Ended March 31, | |||||||||
2015 | 2014 | ||||||||
(in thousands, except ratio of earnings to fixed charges) | |||||||||
Earnings | |||||||||
Income (loss) before income taxes | $ | 41,999 | $ | (8,292 | ) | ||||
Total fixed charges (see below) | 28,333 | 26,290 | |||||||
Interest capitalized | (1,293 | ) | (2,776 | ) | |||||
Earnings as adjusted | $ | 69,039 | $ | 15,222 | |||||
Fixed Charges: | |||||||||
Interest and amortization of debt discounts and issuance costs | $ | 15,518 | $ | 15,010 | |||||
Portion of rental expense representative of the interest factor | 12,815 | 11,280 | |||||||
Total fixed charges | $ | 28,333 | $ | 26,290 | |||||
Ratio of earnings to fixed charges (a) | 2.44 | — | |||||||
Coverage deficiency | $ | — | $ | 11,068 | |||||
(a) | For purposes of calculating this ratio, earnings consist of income (loss) before income taxes plus fixed charges, net of capitalized interest. Fixed charges consist of interest expense, the amount amortized for debt discount and issuance cost, and the portion of rental expense representative of interest. |