Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Innophos Holdings, Inc. | iphs10k123117.htm |
| EX-31.1 - EXHIBIT 31.1 - Innophos Holdings, Inc. | iphs10k123117ex311.htm |
| EX-21.1 - EXHIBIT 21.1 - Innophos Holdings, Inc. | iphs10k123117ex211.htm |
| EX-23.1 - EXHIBIT 23.1 - Innophos Holdings, Inc. | iphs10k123117ex231.htm |
| EX-32.2 - EXHIBIT 32.2 - Innophos Holdings, Inc. | iphs10k123117ex322.htm |
| EX-31.2 - EXHIBIT 31.2 - Innophos Holdings, Inc. | iphs10k123117ex312.htm |
| EX-10.19 - EXHIBIT 10.19 - Innophos Holdings, Inc. | iphs10k123117ex1019.htm |
| EX-10.18 - EXHIBIT 10.18 - Innophos Holdings, Inc. | iphs10k123117ex1018.htm |
| EX-10.20 - EXHIBIT 10.20 - Innophos Holdings, Inc. | iphs10k123117ex1020.htm |
| EX-32.1 - EXHIBIT 32.1 - Innophos Holdings, Inc. | iphs10k123117ex321.htm |
Exhibit 12.1 | ||||||||||||||||||||
Calculation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||
December 31, | ||||||||||||||||||||
(dollars in thousands) | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Earnings | ||||||||||||||||||||
Income before provision | ||||||||||||||||||||
for income taxes | $ | 56,637 | $ | 70,318 | $ | 40,123 | $ | 97,356 | $ | 76,247 | ||||||||||
Plus: fixed charges (1) | 9,561 | 10,032 | 9,869 | 6,617 | 7,583 | |||||||||||||||
$ | 66,198 | $ | 80,350 | $ | 49,992 | $ | 103,973 | $ | 83,830 | |||||||||||
Fixed Charges: | ||||||||||||||||||||
Gross interest expense | 7,132 | 7,722 | 7,583 | 4,394 | 5,475 | |||||||||||||||
Estimate of the interest | ||||||||||||||||||||
within operating leases | 2,429 | 2,310 | 2,286 | 2,223 | 2,108 | |||||||||||||||
$ | 9,561 | $ | 10,032 | $ | 9,869 | $ | 6,617 | $ | 7,583 | |||||||||||
Ratio of earnings to | ||||||||||||||||||||
fixed charges | 6.9 | x | 8.0 | x | 5.1 | x | 15.7 | x | 11.1 | x | ||||||||||
(1) For purposes of calculating the ratio of earnings to fixed charges, earnings represent income before income taxes plus fixed charges. Fixed charges consist of interest expense and one-third of operating rental expenses which management believes is representative of the interest component of rent expense. | ||||||||||||||||||||