Attached files
| file | filename |
|---|---|
| EX-10.14 - EXHIBIT 10.14 - OMNOVA SOLUTIONS INC | omn-11302016xex1014.htm |
| EX-10.15 - EXHIBIT 10.15 - OMNOVA SOLUTIONS INC | omn-11302016xex1015.htm |
| EX-32.1 - EXHIBIT 32.1 - OMNOVA SOLUTIONS INC | omn-11302016xex321.htm |
| EX-31.1 - EXHIBIT 31.1 - OMNOVA SOLUTIONS INC | omn-11302016xex311.htm |
| EX-31.2 - EXHIBIT 31.2 - OMNOVA SOLUTIONS INC | omn-11302016xex312.htm |
| EX-24.1 - EXHIBIT 24.1 - OMNOVA SOLUTIONS INC | omn-11302016xex241.htm |
| EX-23.1 - EXHIBIT 23.1 - OMNOVA SOLUTIONS INC | omn-11302016xex231.htm |
| EX-21.1 - EXHIBIT 21.1 - OMNOVA SOLUTIONS INC | omn-11302016xex211.htm |
| EX-10.20 - EXHIBIT 10.20 - OMNOVA SOLUTIONS INC | omn-11302016xex1020.htm |
| EX-10.12 - EXHIBIT 10.12 - OMNOVA SOLUTIONS INC | omn-11302016xex1012.htm |
| 10-K - 10-K - OMNOVA SOLUTIONS INC | omn-20161130x10k.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratios)
Year Ended November 30, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Pre-tax income (loss) from continuing operations | $ | 9.9 | $ | (21.1 | ) | $ | 11.7 | $ | 26.5 | $ | 36.9 | |||||||||
Adjustment for (income) loss from equity investees | — | — | — | — | — | |||||||||||||||
Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees | $ | 9.9 | $ | (21.1 | ) | $ | 11.7 | $ | 26.5 | $ | 36.9 | |||||||||
Distributed income equity investees | — | — | — | — | — | |||||||||||||||
Less: Capitalized interest | — | — | — | — | — | |||||||||||||||
Amortization of interest previously capitalized | — | — | — | — | — | |||||||||||||||
Adjusted pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees | $ | 9.9 | $ | (21.1 | ) | $ | 11.7 | $ | 26.5 | $ | 36.9 | |||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 24.7 | $ | 28.3 | $ | 32.9 | $ | 29.6 | $ | 33.8 | ||||||||||
Interest capitalized during the period | — | — | 1.0 | — | — | |||||||||||||||
Amortization of debt issuance costs | 4.7 | 2.8 | 3.3 | 2.3 | 2.7 | |||||||||||||||
Imputed interest portion of rent expense | 1.6 | 1.7 | 2.3 | 2.2 | 1.4 | |||||||||||||||
Total Fixed Charges | $ | 31.0 | $ | 32.8 | $ | 39.5 | $ | 34.1 | $ | 37.9 | ||||||||||
Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees plus fixed charges | $ | 40.9 | $ | 11.7 | $ | 51.2 | $ | 60.6 | $ | 74.8 | ||||||||||
Ratio of Earnings to Fixed Charges | 1.3 | .4 | 1.3 | 1.8 | 2.0 | |||||||||||||||