Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - AIR LEASE CORP | al-20170930ex32211f411.htm |
| EX-32.1 - EX-32.1 - AIR LEASE CORP | al-20170930ex3212cbae6.htm |
| EX-31.2 - EX-31.2 - AIR LEASE CORP | al-20170930ex312697c30.htm |
| EX-31.1 - EX-31.1 - AIR LEASE CORP | al-20170930ex31148500a.htm |
| EX-10.8 - EX-10.8 - AIR LEASE CORP | al-20170930ex108c5f1bf.htm |
| EX-10.7 - EX-10.7 - AIR LEASE CORP | al-20170930ex107018668.htm |
| EX-10.6 - EX-10.6 - AIR LEASE CORP | al-20170930ex106470745.htm |
| EX-10.5 - EX-10.5 - AIR LEASE CORP | al-20170930ex10515a51f.htm |
| EX-10.4 - EX-10.4 - AIR LEASE CORP | al-20170930ex10490dcbb.htm |
| EX-10.3 - EX-10.3 - AIR LEASE CORP | al-20170930ex103a0c82d.htm |
| EX-10.2 - EX-10.2 - AIR LEASE CORP | al-20170930ex102f2664e.htm |
| EX-10.1 - EX-10.1 - AIR LEASE CORP | al-20170930ex101eaf054.htm |
| 10-Q - 10-Q - AIR LEASE CORP | al-20170930x10q.htm |
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Nine Months Ended |
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(In thousands, except ratios) |
|
2017 |
|
2016 |
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(unaudited) |
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Earnings: |
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|
|
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Net income |
|
$ |
285,050 |
|
$ |
277,937 |
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Add: |
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|
|
|
|
|
|
||
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Provision for income taxes |
|
|
158,816 |
|
|
152,898 |
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Fixed charges |
|
|
250,164 |
|
|
242,178 |
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||
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Less: |
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|
|
|
|
|
|
||
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Capitalized interest |
|
|
(33,618) |
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|
(30,137) |
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Earnings as adjusted (A) |
|
$ |
660,412 |
|
$ |
642,876 |
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Fixed charges: |
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|
|
|
|
|
|
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Interest expense |
|
$ |
215,979 |
|
$ |
211,500 |
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||
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Capitalized interest |
|
|
33,618 |
|
|
30,137 |
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||
|
Interest factors of rents (1) |
|
|
567 |
|
|
541 |
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||
|
Fixed charges as adjusted (B) |
|
$ |
250,164 |
|
$ |
242,178 |
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Ratio of earnings to fixed charges ((A) divided by (B)) |
|
|
2.64 |
|
|
2.65 |
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(1) |
Estimated to be 1/3 of rent expense. |