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As Of Filer Filing For·On·As Docs:Size Issuer Agent 5/22/09 Crocs, Inc. S-3 6:1.5M Merrill Corp-MD/FA |
Document/Exhibit Description Pages Size 1: S-3 Registration Statement for Securities Offered HTML 255K Pursuant to a Transaction 2: EX-4.5 Instrument Defining the Rights of Security Holders HTML 660K 3: EX-5.1 Opinion re: Legality HTML 32K 4: EX-12.1 Statement re: Computation of Ratios HTML 40K 5: EX-23.2 Consent of Experts or Counsel HTML 8K 6: EX-25.1 Statement re: Eligibility of Trustee HTML 94K
EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in 000’s)
Note: |
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The ratio of earnings to fixed charges is calculated by adding income before taxes plus fixed charges and dividing that sum by fixed charges. |
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Year Ended December 31, |
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Three Months |
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2005 |
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2006 |
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2007 |
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2008 |
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2009 |
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Fixed Charges: |
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Interest |
|
47 |
|
611 |
|
567 |
|
438 |
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1,793 |
|
696 |
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Interest portion of annual rentals |
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69 |
|
629 |
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2,601 |
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8,914 |
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17,197 |
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4,366 |
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Total fixed charges |
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116 |
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1,240 |
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3,168 |
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9,352 |
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18,990 |
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5,062 |
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Earnings: |
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Income before income taxes |
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$ |
(1,637 |
) |
$ |
26,289 |
|
$ |
96,626 |
|
$ |
240,326 |
|
$ |
(189,510 |
) |
$ |
(22,207 |
) |
Add: |
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Total fixed charges (from above) |
|
116 |
|
1,240 |
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3,168 |
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9,352 |
|
18,990 |
|
5,062 |
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Total earnings for purposes of ratio |
|
$ |
(1,521 |
) |
$ |
27,529 |
|
$ |
99,794 |
|
$ |
249,678 |
|
$ |
(170,520 |
) |
$ |
(17,146 |
) |
Ratio of earnings to fixed charges |
|
— |
|
22.2 |
|
31.5 |
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26.7 |
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— |
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— |
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For the three months ended March 31, 2009 and for the years ended December 31, 2008 and 2004, our earnings were insufficient to cover fixed charges by $17,146,000, $170,520,000 and $1,521,000, respectively. Fixed charges consist of interest on all indebtedness and one-third of rentals, which we believe is a reasonable approximation of the interest factor of such rentals.
This ‘S-3’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 5/22/09 | |||
3/31/09 | 10-Q, 8-K | |||
12/31/08 | 10-K, NT 10-K | |||
12/31/04 | ||||
3/31/04 | ||||
List all Filings |