Attached files
file | filename |
---|---|
EX-32.2 - EX-32.2 - MEDIACOM LLC | mcccl-ex322_14.htm |
EX-31.1 - EX-31.1 - MEDIACOM LLC | mcccl-ex311_11.htm |
EX-21.1 - EX-21.1 - MEDIACOM LLC | mcccl-ex211_10.htm |
EX-31.2 - EX-31.2 - MEDIACOM LLC | mcccl-ex312_12.htm |
EX-32.1 - EX-32.1 - MEDIACOM LLC | mcccl-ex321_13.htm |
EX-10.1 - EX-10.1 - MEDIACOM LLC | mcccl-ex101_635.htm |
EX-10.2 - EX-10.2 - MEDIACOM LLC | mcccl-ex102_636.htm |
10-K - 10-K - MEDIACOM LLC | mcccl-10k_20151231.htm |
Exhibit 12.1
|
|
Ratio of Earnings to Fixed Charges |
|
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|
Year Ended December 31, |
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|
|
2015 |
|
|
2014 |
|
|
2013 |
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|
2012 |
|
|
2011 |
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Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes |
|
$ |
123,009 |
|
|
$ |
75,219 |
|
|
$ |
90,446 |
|
|
$ |
68,491 |
|
|
$ |
41,296 |
|
Interest expense, net |
|
|
62,801 |
|
|
|
86,815 |
|
|
|
94,443 |
|
|
|
95,868 |
|
|
|
97,681 |
|
Amortization of capitalized interest |
|
|
738 |
|
|
|
940 |
|
|
|
1,202 |
|
|
|
1,285 |
|
|
|
1,873 |
|
Amortization of debt issuance costs |
|
|
2,901 |
|
|
|
3,668 |
|
|
|
3,146 |
|
|
|
3,308 |
|
|
|
3,903 |
|
Interest component of rent expense (1) |
|
|
3,472 |
|
|
|
3,091 |
|
|
|
3,293 |
|
|
|
3,114 |
|
|
|
3,111 |
|
Earnings available for fixed charges |
|
$ |
192,921 |
|
|
$ |
169,733 |
|
|
$ |
192,530 |
|
|
$ |
172,066 |
|
|
$ |
147,864 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net |
|
$ |
62,801 |
|
|
$ |
86,815 |
|
|
$ |
94,443 |
|
|
$ |
95,868 |
|
|
$ |
97,681 |
|
Capitalized interest |
|
|
983 |
|
|
|
1,258 |
|
|
|
1,331 |
|
|
|
1,197 |
|
|
|
1,202 |
|
Amortization of debt issuance cost |
|
|
2,901 |
|
|
|
3,668 |
|
|
|
3,146 |
|
|
|
3,308 |
|
|
|
3,903 |
|
Interest component of rent expense (1) |
|
|
3,472 |
|
|
|
3,091 |
|
|
|
3,293 |
|
|
|
3,114 |
|
|
|
3,111 |
|
Total fixed charges |
|
$ |
70,157 |
|
|
$ |
94,832 |
|
|
$ |
102,213 |
|
|
$ |
103,487 |
|
|
$ |
105,897 |
|
Ratio of earnings to fixed charges |
|
|
2.75 |
|
|
|
1.79 |
|
|
|
1.88 |
|
|
|
1.66 |
|
|
|
1.40 |
|
(1) |
A reasonable approximation (one-third) is deemed to be the interest factor included in rental expense. |