Attached files
| file | filename |
|---|---|
| EX-32.02 - EXHIBIT 32.02 SECTION 1350 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - OCEANEERING INTERNATIONAL INC | oii_exhibitx3202x06302016.htm |
| EX-32.01 - EXHIBIT 32.01 SEC. 1350 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - OCEANEERING INTERNATIONAL INC | oii_exhibitx3201x06302016.htm |
| EX-31.02 - EXHIBIT 31.02 RULE 13A-14(A)/15D-14(A) CERT. OF PRINCIPAL FIN OFFICER - OCEANEERING INTERNATIONAL INC | oii_exhibitx3102x06302016.htm |
| EX-31.01 - EXHIBIT 31.01 RULE 13A-14(A)/15D-14(A) CERT. OF PRINCIPAL EXEC OFFFICER - OCEANEERING INTERNATIONAL INC | oii_exhibitx3101x06302016.htm |
| 10-Q - 10-Q OCEANEERING INTERNATIONAL, INC. JUNE 30, 2016 - OCEANEERING INTERNATIONAL INC | oii_10qx06302016.htm |
Exhibit 12.01 | ||||||||||||||||||||||||||||
Oceaneering International, Inc. | ||||||||||||||||||||||||||||
Computation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||||||||
($ in thousands) | ||||||||||||||||||||||||||||
Six Months Ended | Year Ended December 31, | |||||||||||||||||||||||||||
Jun 30, 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||||||
Interest expensed and capitalized | $ | 14,438 | $ | 27,475 | $ | 5,420 | $ | 2,194 | $ | 4,218 | $ | 1,096 | ||||||||||||||||
(1 | ) | Amortized premiums, discounts and capital expenses related to indebtedness | — | — | 395 | 261 | 261 | — | ||||||||||||||||||||
Estimate of interest within rental expense | 39,767 | 76,381 | 85,632 | 63,735 | 35,510 | 24,451 | ||||||||||||||||||||||
Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | ||||||||||||||||||||||
$ | 54,205 | $ | 103,856 | $ | 91,447 | $ | 66,190 | $ | 39,989 | $ | 25,547 | |||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Added Items: | ||||||||||||||||||||||||||||
Pretax income from continuing operations before minority interests and income (loss) from equity investees | $ | 68,224 | $ | 334,031 | $ | 623,528 | $ | 542,203 | $ | 420,249 | $ | 334,084 | ||||||||||||||||
Fixed charges | 54,205 | 103,856 | 91,447 | 66,190 | 39,989 | 25,547 | ||||||||||||||||||||||
Amortization of capitalized interest | 95 | 189 | 237 | 438 | 637 | 633 | ||||||||||||||||||||||
Distributed income of equity investees | 3,926 | 5,963 | 4,772 | 5,290 | 8,661 | 6,063 | ||||||||||||||||||||||
Share of pretax losses of equity investees for which charges arising from guarantees are included in fixed charges | — | — | — | — | — | — | ||||||||||||||||||||||
Total added items | 126,450 | 444,039 | 719,984 | 614,121 | 469,536 | 366,327 | ||||||||||||||||||||||
Subtracted Items: | ||||||||||||||||||||||||||||
Interest capitalized | 1,839 | 2,425 | 712 | — | — | — | ||||||||||||||||||||||
Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | ||||||||||||||||||||||
Minority interest in pretax income of subsidiaries that have not incurred fixed charges | — | — | — | — | — | — | ||||||||||||||||||||||
Total subtracted items | 1,839 | 2,425 | 712 | — | — | — | ||||||||||||||||||||||
Earnings as defined | $ | 124,611 | $ | 441,614 | $ | 719,272 | $ | 614,121 | $ | 469,536 | $ | 366,327 | ||||||||||||||||
Ratio of earnings to fixed charges | 2.30 | x | 4.25 | x | 7.87 | x | 9.28 | x | 11.74 | x | 14.34 | x | ||||||||||||||||
(1) Commencing in 2015, this amount is included in the line above, Interest expensed and capitalized.