Attached files

file filename
10-Q - FORM 10-Q - Allegiant Travel COalgt2016q3doc.htm
EX-32 - EXHIBIT 32 - Allegiant Travel COa2016q3exhibit32.htm
EX-31.2 - EXHIBIT 31.2 - Allegiant Travel COa2016q3exhibit312.htm
EX-31.1 - EXHIBIT 31.1 - Allegiant Travel COa2016q3exhibit311.htm
EX-10.10 - EXHIBIT 10.10 - Allegiant Travel COa2016q3exhibit1010.htm
EX-10.9 - EXHIBIT 10.9 - Allegiant Travel COa2016q3exhibit109.htm
EX-10.8 - EXHIBIT 10.8 - Allegiant Travel COa2016q3exhibit108.htm
EX-10.7 - EXHIBIT 10.7 - Allegiant Travel COa2016q3exhibit107.htm
EX-10.6 - EXHIBIT 10.6 - Allegiant Travel COa2016q3exhibit106.htm
EX-10.5 - EXHIBIT 10.5 - Allegiant Travel COa2016q3exhibit105.htm
EX-10.4 - EXHIBIT 10.4 - Allegiant Travel COa2016q3exhibit104.htm
EX-10.3 - EXHIBIT 10.3 - Allegiant Travel COa2016q3exhibit103.htm
EX-10.2 - EXHIBIT 10.2 - Allegiant Travel COa2016q3exhibit102.htm
EX-10.1 - EXHIBIT 10.1 - Allegiant Travel COa2016q3exhibit101.htm
EX-3.2 - EXHIBIT 3.2 - Allegiant Travel COaa2016q3exhibit32.htm


Exhibit 12

Computation of Ratio of Earnings to Fixed Charges
(in thousands, except for ratio)

 
Nine Months Ended September 30,
 
2016
Earnings:
 
Income before income taxes
$
283,949

Add: Fixed Charges
23,367

Add: Amortization of capitalized interest
95

Less: Interest capitalized

Less: Earnings from joint venture, net
142

Less: pre-tax net loss attributable to noncontrolling interest

Total earnings
$
307,269

 
 
Fixed charges:
 
Interest expense (1)
$
21,567

Interest factor of operating lease expense (2)
1,800

Total fixed charges
$
23,367

 
 
Ratio of earnings to fixed charges (3)
13.15


(1)
Interest expense includes both expensed and capitalized, including amortization of deferred financing costs and original issue discount on debt.
(2)
Interest factor of operating lease expense is based on an estimate which the Company considers to be a reasonable approximation.
(3)
The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges.