Attached files

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EX-32.2 - EX-32.2 - MEDIACOM LLCmcccl-ex322_14.htm
EX-31.1 - EX-31.1 - MEDIACOM LLCmcccl-ex311_11.htm
EX-21.1 - EX-21.1 - MEDIACOM LLCmcccl-ex211_10.htm
EX-31.2 - EX-31.2 - MEDIACOM LLCmcccl-ex312_12.htm
EX-32.1 - EX-32.1 - MEDIACOM LLCmcccl-ex321_13.htm
EX-10.1 - EX-10.1 - MEDIACOM LLCmcccl-ex101_635.htm
EX-10.2 - EX-10.2 - MEDIACOM LLCmcccl-ex102_636.htm
10-K - 10-K - MEDIACOM LLCmcccl-10k_20151231.htm

Exhibit 12.1

 

 

Ratio of Earnings to Fixed Charges

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

2012

 

 

2011

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.