Attached files
file | filename |
---|---|
10-K - 10-K - MEDIACOM BROADBAND LLC | mcccb-10k_20151231.htm |
EX-10.1 - EX-10.1 - MEDIACOM BROADBAND LLC | mcccb-ex101_242.htm |
EX-31.2 - EX-31.2 - MEDIACOM BROADBAND LLC | mcccb-ex312_8.htm |
EX-21.1 - EX-21.1 - MEDIACOM BROADBAND LLC | mcccb-ex211_10.htm |
EX-32.2 - EX-32.2 - MEDIACOM BROADBAND LLC | mcccb-ex322_7.htm |
EX-31.1 - EX-31.1 - MEDIACOM BROADBAND LLC | mcccb-ex311_9.htm |
EX-32.1 - EX-32.1 - MEDIACOM BROADBAND LLC | mcccb-ex321_6.htm |
EX-10.2 - EX-10.2 - MEDIACOM BROADBAND LLC | mcccb-ex102_243.htm |
Exhibit 12.1
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|
Ratio of Earnings to Fixed Charges |
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Year ended December 31, |
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2015 |
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2014 |
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2013 |
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2012 |
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2011 |
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Earnings: |
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|
|
|
|
|
|
|
|
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|
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|
|
|
|
|
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Income before income taxes |
|
$ |
143,993 |
|
|
$ |
137,449 |
|
|
$ |
118,947 |
|
|
$ |
75,253 |
|
|
$ |
57,976 |
|
Interest expense, net |
|
|
94,668 |
|
|
|
100,436 |
|
|
|
96,203 |
|
|
|
112,561 |
|
|
|
111,509 |
|
Amortization of capitalized interest |
|
|
756 |
|
|
|
1,090 |
|
|
|
1,337 |
|
|
|
1,295 |
|
|
|
1,556 |
|
Amortization of debt issuance costs |
|
|
6,909 |
|
|
|
6,132 |
|
|
|
5,332 |
|
|
|
5,109 |
|
|
|
4,345 |
|
Interest component of rent expense (1) |
|
|
2,773 |
|
|
|
3,066 |
|
|
|
3,042 |
|
|
|
3,081 |
|
|
|
3,189 |
|
Earnings available for fixed charges |
|
$ |
249,099 |
|
|
$ |
248,173 |
|
|
$ |
224,861 |
|
|
$ |
197,299 |
|
|
$ |
178,575 |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Fixed Charges and Preferred Dividends: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net |
|
$ |
94,668 |
|
|
$ |
100,436 |
|
|
$ |
96,203 |
|
|
$ |
112,561 |
|
|
$ |
111,509 |
|
Capitalized interest |
|
|
989 |
|
|
|
1,258 |
|
|
|
1,140 |
|
|
|
1,646 |
|
|
|
2,014 |
|
Amortization of debt issuance cost |
|
|
6,909 |
|
|
|
6,132 |
|
|
|
5,332 |
|
|
|
5,109 |
|
|
|
4,345 |
|
Interest component of rent expense (1) |
|
|
2,773 |
|
|
|
3,066 |
|
|
|
3,042 |
|
|
|
3,081 |
|
|
|
3,189 |
|
Preferred dividends |
|
|
18,000 |
|
|
|
18,000 |
|
|
|
18,000 |
|
|
|
18,000 |
|
|
|
18,000 |
|
Total fixed charges and preferred dividends |
|
$ |
123,339 |
|
|
$ |
128,892 |
|
|
$ |
123,717 |
|
|
$ |
140,397 |
|
|
$ |
139,057 |
|
Raito of earnings over fixed charges and preferred dividends |
|
|
2.02 |
|
|
|
1.93 |
|
|
|
1.82 |
|
|
|
1.41 |
|
|
|
1.28 |
|
(1) |
A reasonable approximation (one-third) is deemed to be the interest factor included in rental expense. |