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EX-32.2 - EXHIBIT 32.2 - Compass Diversified Holdingsa12312016ex322.htm
EX-32.1 - EXHIBIT 32.1 - Compass Diversified Holdingsa12312016ex321.htm
EX-31.2 - EXHIBIT 31.2 - Compass Diversified Holdingsa12312016ex312.htm
EX-31.1 - EXHIBIT 31.1 - Compass Diversified Holdingsa12312016ex311.htm
EX-23.2 - EXHIBIT 23.2 - Compass Diversified Holdingsa12312016ex232.htm
EX-23.1 - EXHIBIT 23.1 - Compass Diversified Holdingsa12312016ex231.htm
EX-21.1 - EXHIBIT 21.1 - Compass Diversified Holdingsa12312016ex211.htm
10-K - 10-K - Compass Diversified Holdingsa1231201610k.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.