EX-12.1 4 ecol-20171231ex121c1e6d8.htm EX-12.1 ecol_Ex12_1

Exhibit 12.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 

(Unaudited)

 

 

For the Year Ended December 31,

$s in thousands

    

2017

    

2016

    

2015

    

2014

    

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (as defined):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings before income taxes

 

$

42,970

 

$

55,301

 

$

46,855

 

$

61,050

 

$

50,147

Fixed Charges

 

 

18,282

 

 

17,517

 

 

23,556

 

 

10,732

 

 

856

Earnings

 

$

61,252

 

$

72,818

 

$

70,411

 

$

71,782

 

$

51,003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges (as defined):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Expense

 

$

18,157

 

$

17,317

 

$

23,370

 

$

10,677

 

$

828

Estimated Interest within rental expense

 

 

125

 

 

200

 

 

186

 

 

55

 

 

28

Fixed Charges

 

$

18,282

 

$

17,517

 

$

23,556

 

$

10,732

 

$

856

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

3.4

 

 

4.2

 

 

3.0

 

 

6.7

 

 

59.6