Attached files
file | filename |
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10-Q - Emergent BioSolutions Inc. | form10-q033116.htm |
EX-32 - Emergent BioSolutions Inc. | exhibit32_1.htm |
EX-31 - Emergent BioSolutions Inc. | exhibit31_2.htm |
EX-31 - Emergent BioSolutions Inc. | exhibit31_1.htm |
EX-32 - Emergent BioSolutions Inc. | exhibit32_2.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
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Year to Date
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March 31,
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Year Ended December 31,
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(in thousands)
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2016
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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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Pretax income from continuing operations (1)
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$
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7,339
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$
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89,769
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$
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53,062
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$
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44,243
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$
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37,446
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$
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38,849
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Fixed charges
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Interest expense
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1,937
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7,834
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7,480
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1,973
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2,177
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1,719
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Debt issuance cost
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382
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1,564
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3,290
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319
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67
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135
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Total fixed charges (2)
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2,319
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9,398
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10,770
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2,292
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2,244
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1,854
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Noncontrolling interest in pretax income (3)
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-
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-
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-
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876
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5,381
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6,906
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Capitalized interest (4)
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795
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2,875
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2,530
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1,973
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2,177
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1,713
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Earnings ((1) + (2) -(3) -(4))
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8,863
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96,292
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61,302
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43,686
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32,132
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32,084
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Fixed charges
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2,319
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9,398
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10,770
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2,292
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2,244
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1,854
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Ratio of earnings to fixed charges
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3.8
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10.2
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5.7
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19.1
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14.3
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17.3
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