Attached files
file | filename |
---|---|
EX-32.2 - EX-32.2 - AIR LEASE CORP | al-20170630ex3225b19ae.htm |
EX-32.1 - EX-32.1 - AIR LEASE CORP | al-20170630ex321469b9b.htm |
EX-10.2 - EX-10.2 - AIR LEASE CORP | al-20170630ex102114cbb.htm |
EX-10.4 - EX-10.4 - AIR LEASE CORP | al-20170630ex104d35966.htm |
EX-10.10 - EX-10.10 - AIR LEASE CORP | al-20170630ex1010a2bd6.htm |
EX-31.1 - EX-31.1 - AIR LEASE CORP | al-20170630ex311771edb.htm |
EX-10.7 - EX-10.7 - AIR LEASE CORP | al-20170630ex10759baf3.htm |
EX-31.2 - EX-31.2 - AIR LEASE CORP | al-20170630ex3121542af.htm |
EX-10.6 - EX-10.6 - AIR LEASE CORP | al-20170630ex106aedc6b.htm |
EX-10.9 - EX-10.9 - AIR LEASE CORP | al-20170630ex109529845.htm |
EX-10.5 - EX-10.5 - AIR LEASE CORP | al-20170630ex1056766f0.htm |
EX-10.8 - EX-10.8 - AIR LEASE CORP | al-20170630ex108f2ce1a.htm |
EX-10.1 - EX-10.1 - AIR LEASE CORP | al-20170630ex10103e675.htm |
EX-10.3 - EX-10.3 - AIR LEASE CORP | al-20170630ex103e1f1b7.htm |
10-Q - 10-Q - AIR LEASE CORP | al-20170630x10q.htm |
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
|
|
Six Months Ended |
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(In thousands, except ratios) |
|
2017 |
|
2016 |
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||||
|
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(unaudited) |
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Earnings: |
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|
|
|
|
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Net income |
|
$ |
185,862 |
|
$ |
184,661 |
|
||
Add: |
|
|
|
|
|
|
|
||
Provision for income taxes |
|
|
103,885 |
|
|
101,601 |
|
||
Fixed charges |
|
|
167,815 |
|
|
158,572 |
|
||
Less: |
|
|
|
|
|
|
|
||
Capitalized interest |
|
|
(21,931) |
|
|
(19,521) |
|
||
Earnings as adjusted (A) |
|
$ |
435,631 |
|
$ |
425,313 |
|
||
Fixed charges: |
|
|
|
|
|
|
|
||
Interest expense |
|
$ |
145,506 |
|
$ |
138,699 |
|
||
Capitalized interest |
|
|
21,931 |
|
|
19,521 |
|
||
Interest factors of rents (1) |
|
|
378 |
|
|
352 |
|
||
Fixed charges as adjusted (B) |
|
$ |
167,815 |
|
$ |
158,572 |
|
||
Ratio of earnings to fixed charges ((A) divided by (B)) |
|
|
2.60 |
|
|
2.68 |
|
(1) |
Estimated to be 1/3 of rent expense. |