Attached files
file | filename |
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EX-32.1 - EXHIBIT 32.1 - CASELLA WASTE SYSTEMS INC | cwst-123117x10kex321.htm |
EX-31.2 - EXHIBIT 31.2 - CASELLA WASTE SYSTEMS INC | cwst-123117x10kex312.htm |
EX-31.1 - EXHIBIT 31.1 - CASELLA WASTE SYSTEMS INC | cwst-123117x10kex311.htm |
EX-23.1 - EXHIBIT 23.1 - CASELLA WASTE SYSTEMS INC | cwst-123117x10kex231.htm |
EX-21.1 - EXHIBIT 21.1 - CASELLA WASTE SYSTEMS INC | cwst-123117x10kex211.htm |
10-K - 10-K - CASELLA WASTE SYSTEMS INC | cwst-123117x10k.htm |
Exhibit 12.1
Casella Waste Systems, Inc.
Statement of Computation of Ratio of Earnings to Fixed Charges and Earnings to Combined Fixed Charges and Preferred Stock Dividends
(in thousands, except ratios)
Fiscal Year Ended December 31, | |||||||||||
2017 | 2016 | 2015 | |||||||||
Loss from continuing operations before income taxes, discontinued operations and cumulative effect of change in accounting principle | $ | (37,052 | ) | $ | (6,364 | ) | $ | (10,430 | ) | ||
Fixed charges | 30,249 | 43,784 | 44,667 | ||||||||
Less: interest capitalized | (295 | ) | (273 | ) | (62 | ) | |||||
Earnings | $ | (7,098 | ) | $ | 37,147 | $ | 34,175 | ||||
Interest expense (includes amortization of any premium, discount and deferred financing costs) | $ | 25,160 | $ | 38,942 | $ | 40,420 | |||||
Estimate of interest within rental expense | 4,794 | 4,569 | 4,185 | ||||||||
Interest capitalized | 295 | 273 | 62 | ||||||||
Fixed charges | $ | 30,249 | $ | 43,784 | $ | 44,667 | |||||
Ratio of earnings to fixed charges | — | — | — | ||||||||
Deficiency of earnings to fixed charges | $ | (37,347 | ) | $ | (6,637 | ) | $ | (10,492 | ) | ||
Fixed charges from above | $ | 30,249 | $ | 43,784 | $ | 44,667 | |||||
Preferred stock dividends | — | — | — | ||||||||
Combined fixed charges and preferred stock dividends | $ | 30,249 | $ | 43,784 | $ | 44,667 | |||||
Ratio of earnings to combined fixed charges and preferred stock dividends | — | — | — | ||||||||
Deficiency of earnings to combined fixed charges and preferred stock dividends | $ | (37,347 | ) | $ | (6,637 | ) | $ | (10,492 | ) |