Attached files
file | filename |
---|---|
10-K - Emergent BioSolutions Inc. | form10-k.htm |
EX-31.1 - Emergent BioSolutions Inc. | exhibit31-1.htm |
EX-23.1 - Emergent BioSolutions Inc. | exhibit23.htm |
EX-21 - Emergent BioSolutions Inc. | exhibit21.htm |
EX-10.6 - Emergent BioSolutions Inc. | exhibit10-6.htm |
EX-10.5 - Emergent BioSolutions Inc. | exhibit10-5.htm |
EX-10.24 - Emergent BioSolutions Inc. | exhibit10-24.htm |
EX-32.2 - Emergent BioSolutions Inc. | exhibit32-2.htm |
EX-31.2 - Emergent BioSolutions Inc. | exhibit31-2.htm |
EX-32.1 - Emergent BioSolutions Inc. | exhibit32-1.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
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Year Ended December 31,
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(in thousands)
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2016
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2015
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2014
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2013
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2012
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|||||||||||||||
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||||||||||||||||||||
Pretax income from continuing operations (1)
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$
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99,221
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$
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135,716
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$
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84,194
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$
|
83,439
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$
|
68,011
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||||||||||
Fixed charges
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||||||||||||||||||||
Interest expense
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8,270
|
7,834
|
7,480
|
1,973
|
2,177
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|||||||||||||||
Debt issuance cost
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1,526
|
1,564
|
3,290
|
319
|
67
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|||||||||||||||
Total fixed charges (2)
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9,796
|
9,398
|
10,770
|
2,292
|
2,244
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|||||||||||||||
Noncontrolling interest in pretax income (3)
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-
|
-
|
-
|
876
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5,381
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|||||||||||||||
Capitalized interest (4)
|
2,179
|
2,875
|
2,530
|
1,973
|
2,177
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|||||||||||||||
Earnings ((1) + (2) -(3) -(4))
|
106,838
|
142,239
|
92,434
|
82,882
|
62,697
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|||||||||||||||
Fixed charges
|
9,796
|
9,398
|
10,770
|
2,292
|
2,244
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|||||||||||||||
Ratio of earnings to fixed charges
|
10.9
|
15.1
|
8.6
|
36.2
|
27.9
|