Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - Compass Diversified Holdings | a12312016ex322.htm |
EX-32.1 - EXHIBIT 32.1 - Compass Diversified Holdings | a12312016ex321.htm |
EX-31.2 - EXHIBIT 31.2 - Compass Diversified Holdings | a12312016ex312.htm |
EX-31.1 - EXHIBIT 31.1 - Compass Diversified Holdings | a12312016ex311.htm |
EX-23.2 - EXHIBIT 23.2 - Compass Diversified Holdings | a12312016ex232.htm |
EX-23.1 - EXHIBIT 23.1 - Compass Diversified Holdings | a12312016ex231.htm |
EX-21.1 - EXHIBIT 21.1 - Compass Diversified Holdings | a12312016ex211.htm |
10-K - 10-K - Compass Diversified Holdings | a1231201610k.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Distributions
The following table sets forth our ratio of earnings to combined fixed charges and preferred share dividends for each of the periods indicated:
Fiscal Years Ended December 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
(in thousands, except ratio computation) | ||||||||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) from continuing operations | $ | 53,749 | $ | 8,991 | $ | 270,077 | $ | 71,052 | $ | (15,745 | ) | |||||||||
Interest | 24,651 | 25,924 | 27,060 | 19,378 | 25,001 | |||||||||||||||
Earnings available for fixed charges | $ | 78,400 | $ | 34,915 | $ | 297,137 | $ | 90,430 | $ | 9,256 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest | $ | 24,651 | $ | 25,924 | $ | 27,060 | $ | 19,378 | $ | 25,001 | ||||||||||
Ratio of earnings to combined fixed charges and preferred share distributions (1) | 3.2 | 1.3 | 11.0 | 4.7 | 0.4 |
(1) The ratio of earnings to fixed charges was below one-to-one for the year ended December 31, 2012 as a result of discontinued operations. The earnings available for fixed charges was $15.7 million less than the total of fixed charges.