Attached files
| file | filename |
|---|---|
| 10-K - 10-K - MAGELLAN HEALTH INC | mgln-20171231x10k.htm |
| EX-32.2 - EX-32.2 - MAGELLAN HEALTH INC | mgln-20171231ex322891b45.htm |
| EX-32.1 - EX-32.1 - MAGELLAN HEALTH INC | mgln-20171231ex3210ac2f9.htm |
| EX-31.2 - EX-31.2 - MAGELLAN HEALTH INC | mgln-20171231ex31254c2fd.htm |
| EX-31.1 - EX-31.1 - MAGELLAN HEALTH INC | mgln-20171231ex31107bb58.htm |
| EX-23 - EX-23 - MAGELLAN HEALTH INC | mgln-20171231xex23.htm |
| EX-21 - EX-21 - MAGELLAN HEALTH INC | mgln-20171231ex213eabf57.htm |
MAGELLAN HEALTH, INC.
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratio data)
|
|
For The Years Ended December 31, |
|||||||||||||||
|
|
2013 |
|
2014 |
|
2015 |
|
|
2016 |
|
|
2017 |
|||||
|
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capitalized interest credit |
$ |
30 |
|
$ |
1,863 |
|
$ |
167 |
|
|
$ |
524 |
|
|
$ |
10,019 |
|
Interest factor in rent expense |
|
652 |
|
|
612 |
|
|
580 |
|
|
|
612 |
|
|
|
672 |
|
Other interest and fixed charges |
|
2,263 |
|
|
3,399 |
|
|
6,182 |
|
|
|
9,585 |
|
|
|
21,149 |
|
Total fixed charges |
$ |
2,945 |
|
$ |
5,874 |
|
$ |
6,929 |
|
|
$ |
10,721 |
|
|
$ |
31,840 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings available for fixed charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes |
$ |
165,185 |
|
$ |
117,920 |
|
$ |
71,116 |
|
|
$ |
145,517 |
|
|
$ |
135,224 |
|
Add: non-controlling interest loss |
|
— |
|
|
5,173 |
|
|
2,706 |
|
|
|
2,090 |
|
|
|
852 |
|
Add: capitalized interest expense |
|
736 |
|
|
856 |
|
|
399 |
|
|
|
608 |
|
|
|
4,828 |
|
Add: fixed charges |
|
2,944 |
|
|
5,874 |
|
|
6,929 |
|
|
|
10,721 |
|
|
|
31,840 |
|
Less: capitalized interest credit |
|
30 |
|
|
1,863 |
|
|
167 |
|
|
|
524 |
|
|
|
10,019 |
|
Total earnings available for fixed charges |
$ |
168,835 |
|
$ |
127,960 |
|
$ |
80,983 |
|
|
$ |
158,412 |
|
|
$ |
162,725 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
57.3 |
|
|
21.8 |
|
|
11.7 |
|
|
|
14.8 |
|
|
|
5.1 |