Attached files
| file | filename |
|---|---|
| EX-31.1 - SECTION 302 CERTIFICATION OF CEO - SEITEL INC | sei-ex311_20161231xk.htm |
| EX-32.2 - SECTION 906 CERTIFICATION OF CFO - SEITEL INC | sei-ex322_20161231xk.htm |
| EX-32.1 - SECTION 906 CERTIFICATION OF CEO - SEITEL INC | sei-ex321_20161231xk.htm |
| EX-31.2 - SECTION 302 CERTIFICATION OF CFO - SEITEL INC | sei-ex312_20161231xk.htm |
| EX-21.1 - SUBSIDIARIES OF SEITEL, INC. - SEITEL INC | sei-ex211_20161231xk.htm |
| EX-10.26 - EXECUTIVE RETENTION BONUS PROGRAM FOR KEY EMPLOYEES - SEITEL INC | sei-ex1026_20161231xk.htm |
| 10-K - 2016 FORM 10-K - SEITEL INC | a4q-20161231x10k.htm |
EXHIBIT 12.1
SEITEL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
(Unaudited)
Year Ended December 31, | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Fixed charges: | |||||||||||||||||||
Interest expense | $ | 25,337 | $ | 25,430 | $ | 25,222 | $ | 28,213 | $ | 29,143 | |||||||||
Capitalized interest expense | — | — | — | — | — | ||||||||||||||
Portion of rental expense representative of interest factor | 380 | 424 | 433 | 579 | 612 | ||||||||||||||
Total fixed charges | $ | 25,717 | $ | 25,854 | $ | 25,655 | $ | 28,792 | $ | 29,755 | |||||||||
Earnings before fixed charges: | |||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | (27,820 | ) | $ | (30,085 | ) | $ | 19,971 | $ | 23,741 | $ | 43,832 | |||||||
Fixed charges | 25,717 | 25,854 | 25,655 | 28,792 | 29,755 | ||||||||||||||
Capitalized interest expense | — | — | — | — | — | ||||||||||||||
Total earnings before fixed charges | $ | (2,103 | ) | $ | (4,231 | ) | $ | 45,626 | $ | 52,533 | $ | 73,587 | |||||||
Ratio of earnings to fixed charges: | |||||||||||||||||||
Earnings before fixed charges | $ | (2,103 | ) | $ | (4,231 | ) | $ | 45,626 | $ | 52,533 | $ | 73,587 | |||||||
Fixed charges | 25,717 | 25,854 | 25,655 | 28,792 | 29,755 | ||||||||||||||
Ratio of earnings to fixed charges | — | — | 1.8 | 1.8 | 2.5 | ||||||||||||||
Amount of deficiency (if negative) | (27,820 | ) | (30,085 | ) | — | — | — | ||||||||||||