Attached files
| file | filename |
|---|---|
| EX-31.1 - FORM 10-K, EXHIBIT 31.1 - GAMCO INVESTORS, INC. ET AL | form10k2015ex311.htm |
| EX-23.1 - FORM 10-K, EXHIBIT 23.1 - GAMCO INVESTORS, INC. ET AL | form10k2015ex231.htm |
| EX-32.2 - FORM 10-K, EXHIBIT 32.2 - GAMCO INVESTORS, INC. ET AL | form10k2015ex322.htm |
| EX-32.1 - FORM 10-K, EXHIBIT 32.1 - GAMCO INVESTORS, INC. ET AL | form10k2015ex321.htm |
| EX-31.2 - FORM 10-K, EXHIBIT 31.2 - GAMCO INVESTORS, INC. ET AL | form10k2015ex312.htm |
| EX-31.3 - EXHIBIT 31.3 - GAMCO INVESTORS, INC. ET AL | form10k2015ex313.htm |
| EX-99.1 - EXHIBIT 99.1 - GAMCO INVESTORS, INC. ET AL | form10k2015ex991.htm |
| EX-21.1 - FORM 10-K, EXHIBIT 21.1 - GAMCO INVESTORS, INC. ET AL | form10k2015ex211.htm |
| EX-10.13 - $35,000,000 FLOATING RATE PROMISSORY NOTE DUE DECEMBER 28, 2016 IN FAVOR OF GGCP, INC. - GAMCO INVESTORS, INC. ET AL | form10k2015ex1013.htm |
| EX-10.14 - RIGHTS AGREEMENT WITH MARIO J. GABELLI - GAMCO INVESTORS, INC. ET AL | form10k2015ex1014.htm |
| 10-K - FORM 10-K - GAMCO INVESTORS, INC. ET AL | form10k.htm |
Exhibit 12.1
The following table sets forth certain information regarding our consolidated ratio of earnings to fixed charges for the five-year period ended December 31, 2015.
|
|
Year Ending December 31,
|
|||||||||||||||||||
|
|
2015
|
2014
|
2013
|
2012
|
2011
|
|||||||||||||||
|
(In thousands, except ratio data)
|
||||||||||||||||||||
|
Income before taxes
|
$
|
139,025
|
$
|
168,283
|
$
|
143,007
|
$
|
106,692
|
$
|
104,617
|
||||||||||
|
Fixed charges
|
8,672
|
7,687
|
10,066
|
15,442
|
14,317
|
|||||||||||||||
|
Adjusted earnings
|
147,697
|
175,970
|
153,073
|
122,134
|
118,934
|
|||||||||||||||
|
|
||||||||||||||||||||
|
Interest expense
|
8,636
|
7,653
|
10,033
|
15,401
|
14,276
|
|||||||||||||||
|
Interest portion of operating leases
|
36
|
34
|
33
|
41
|
41
|
|||||||||||||||
|
Fixed charges
|
$
|
8,672
|
$
|
7,687
|
$
|
10,066
|
$
|
15,442
|
$
|
14,317
|
||||||||||
|
|
||||||||||||||||||||
|
Ratio of earnings to fixed charges (a)
|
17.0
|
22.9
|
15.2
|
7.9
|
8.3
|
|||||||||||||||
| (a) | These ratios were calculated by dividing the sum of fixed charges into the sum of earnings before taxes and noncontrolling interest and fixed charges. Fixed charges for these purposes consist of all interest expense and the approximate portion of rental expense representing interest. |