Attached files
file | filename |
---|---|
EX-31.1 - EX-31.1 - MEDIACOM BROADBAND LLC | d313765dex311.htm |
EX-32.2 - EX-32.2 - MEDIACOM BROADBAND LLC | d313765dex322.htm |
EX-32.1 - EX-32.1 - MEDIACOM BROADBAND LLC | d313765dex321.htm |
EX-31.2 - EX-31.2 - MEDIACOM BROADBAND LLC | d313765dex312.htm |
EX-21.1 - EX-21.1 - MEDIACOM BROADBAND LLC | d313765dex211.htm |
10-K - FORM 10-K - MEDIACOM BROADBAND LLC | d313765d10k.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges | ||||||||||||||||||||
Year ended December 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings: |
||||||||||||||||||||
Income before income taxes |
$ | 171,886 | $ | 143,993 | $ | 137,449 | $ | 118,947 | $ | 75,253 | ||||||||||
Interest expense, net |
78,725 | 94,668 | 100,436 | 96,203 | 112,561 | |||||||||||||||
Amortization of capitalized interest |
620 | 756 | 1,090 | 1,337 | 1,295 | |||||||||||||||
Amortization of debt issuance costs |
5,617 | 6,909 | 6,132 | 5,332 | 5,109 | |||||||||||||||
Interest component of rent expense(1) |
2,782 | 2,773 | 3,066 | 3,042 | 3,081 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Earnings available for fixed charges |
$ | 259,630 | $ | 249,099 | $ | 248,173 | $ | 224,861 | $ | 197,299 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Fixed Charges and Preferred Dividends: |
||||||||||||||||||||
Interest expense, net |
$ | 78,725 | $ | 94,668 | $ | 100,436 | $ | 96,203 | $ | 112,561 | ||||||||||
Capitalized interest |
1,283 | 989 | 1,258 | 1,140 | 1,646 | |||||||||||||||
Amortization of debt issuance cost |
5,617 | 6,909 | 6,132 | 5,332 | 5,109 | |||||||||||||||
Interest component of rent expense(1) |
2,782 | 2,773 | 3,066 | 3,042 | 3,081 | |||||||||||||||
Preferred dividends |
18,000 | 18,000 | 18,000 | 18,000 | 18,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total fixed charges and preferred dividends |
$ | 106,407 | $ | 123,339 | $ | 128,892 | $ | 123,717 | $ | 140,397 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Ratio of earnings over fixed charges and preferred dividends |
2.44 | 2.02 | 1.93 | 1.82 | 1.41 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
(1) | A reasonable approximation (one-third) is deemed to be the interest factor included in rental expense. |