Attached files
file | filename |
---|---|
EX-10.10 - EX-10.10 - AIR LEASE CORP | al-20180331ex101036743.htm |
10-Q - 10-Q - AIR LEASE CORP | al-20180331x10q.htm |
EX-32.2 - EX-32.2 - AIR LEASE CORP | al-20180331ex32228d880.htm |
EX-32.1 - EX-32.1 - AIR LEASE CORP | al-20180331ex32110cc19.htm |
EX-31.2 - EX-31.2 - AIR LEASE CORP | al-20180331ex3120fcb2a.htm |
EX-31.1 - EX-31.1 - AIR LEASE CORP | al-20180331ex311b08a21.htm |
EX-10.7 - EX-10.7 - AIR LEASE CORP | al-20180331ex107ce353f.htm |
EX-10.6 - EX-10.6 - AIR LEASE CORP | al-20180331ex106aa3ec7.htm |
EX-10.4 - EX-10.4 - AIR LEASE CORP | al-20180331ex104d68c2d.htm |
EX-10.3 - EX-10.3 - AIR LEASE CORP | al-20180331ex103f326d7.htm |
EX-10.2 - EX-10.2 - AIR LEASE CORP | al-20180331ex10211b758.htm |
EX-10.1 - EX-10.1 - AIR LEASE CORP | al-20180331ex1018c552f.htm |
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Three Months Ended |
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(In thousands, except ratios) |
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2018 |
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2017 |
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(unaudited) |
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Earnings: |
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Net income |
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$ |
110,651 |
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$ |
84,937 |
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Add: |
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Provision for income taxes |
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30,668 |
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48,941 |
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Fixed charges |
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89,970 |
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87,646 |
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Less: |
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Capitalized interest |
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(12,816) |
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(11,402) |
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Earnings as adjusted (A) |
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$ |
218,473 |
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$ |
210,122 |
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Fixed charges: |
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|
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Interest expense |
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$ |
76,965 |
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$ |
76,055 |
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Capitalized interest |
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12,816 |
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11,402 |
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Interest factors of rents (1) |
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|
189 |
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189 |
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Fixed charges as adjusted (B) |
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$ |
89,970 |
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$ |
87,646 |
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Ratio of earnings to fixed charges ((A) divided by (B)) |
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2.43 |
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2.40 |
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(1) Estimated to be 1/3 of rent expense.