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– Release Delayed ·As Of Filer Filing For·On·As Docs:Size Issuer Agent 2/14/06 Pregis Corp S-4/A¶ 50:10M Donnelley … Solutions/FA Pregis Holding II Corp Pregis Management Corp Pregis Innovative Packaging Inc. Hexacomb Corp |
Document/Exhibit Description Pages Size 1: S-4/A Amendment No.1 to Form S-4 HTML 3.59M 49: CORRESP ¶ Comment-Response or Other Letter to the SEC HTML 10K 50: CORRESP ¶ Comment-Response or Other Letter to the SEC HTML 161K 2: EX-2.1 Stock Purchase Agreement, Dated as of June 23,2005 HTML 416K 3: EX-3.1 Certificate of Incorporation of Pregis Corporation HTML 22K 12: EX-3.10 By-Laws of Hexacomb Corporation HTML 57K 4: EX-3.2 By-Laws of Pregis Corporation HTML 64K 5: EX-3.3 Certificate of Incorporation of Pregis Holding Ii HTML 23K Corporation 6: EX-3.4 By-Laws of Pregis Holding Ii Corporation HTML 64K 7: EX-3.5 Certificate of Incorporation of Pregis Management HTML 23K Corporation 8: EX-3.6 By-Laws of Pregis Management Corporation HTML 63K 9: EX-3.7 Certificate of Incorporation of Pregis Innovative HTML 28K Packaging Inc. 10: EX-3.8 By-Laws of Pregis Innovative Packaging Inc. HTML 57K 11: EX-3.9 Certificate of Incorporation of Hexacomb HTML 293K Corporation 13: EX-4.1 Indenture HTML 693K 14: EX-4.2 Indenture HTML 659K 15: EX-4.4 Registration Rights Agreement HTML 102K 16: EX-5.1 Opinion of Fried, Frank, Harris, Shriver & HTML 34K Jacobson LLP 17: EX-10.1 Credit Agreement HTML 708K 26: EX-10.10 Separation Agreement and Release, Dated November HTML 54K 30, 2005 27: EX-10.11 Pregis Holding I Corporation 2005 Stock Option HTML 57K Plan 28: EX-10.12 Form of Nonqualified Stock Option Agreement HTML 34K 29: EX-10.13 Pregis Holding I Corporation Employee Stock HTML 20K Purchase Plan 30: EX-10.14 Form of Employee Subscription Agreement HTML 50K 31: EX-10.15 Employment Agreement, Dated February 6, 2006 HTML 52K 32: EX-10.16 Employment Agreement, Dated January 23, 2006 HTML 43K 33: EX-10.17 Employment Agreement of A Managing Director, Dated HTML 47K July 1, 1995 34: EX-10.18 Employment Agreement, Dated January 23, 2006 HTML 43K 35: EX-10.19 Employment Agreement, Dated November 7, 1990 HTML 59K 18: EX-10.2 First Lien Security Agreement HTML 195K 36: EX-10.20 Employment Agreement, Dated January 23, 2006 HTML 43K 37: EX-10.21 Employment Agreement of A Managing Director, Dated HTML 61K March 8, 2004 38: EX-10.22 Noncompetition Agreements HTML 178K 39: EX-10.23 Nonqualified Stock Option Agreements HTML 164K 19: EX-10.3 Second Lien Security Agreement HTML 210K 20: EX-10.4 Senior Pledge Agreement HTML 98K 21: EX-10.5 Subordinated Pledge Agreement HTML 99K 22: EX-10.6 First Lien Intellectual Property Security HTML 34K Agreement 23: EX-10.7 Second Lien Intellectual Property Security HTML 33K Agreement 24: EX-10.8 Management Agreement HTML 31K 25: EX-10.9 Separation and Consulting Agreement, Dated HTML 65K November 30, 2005 41: EX-21.1 List of Subsidiaries HTML 17K 42: EX-23.2 Consent of Ernst & Young LLP HTML 16K 43: EX-25.1 Statement of Eligibility Under the Trust Indenture HTML 53K Act of 1939 on Form T-1 44: EX-99.1 Form of Letter of Transmittal HTML 142K 45: EX-99.2 Form of Notice of Guaranteed Delivery HTML 37K 46: EX-99.3 Form of Instructions to Registered Holder From HTML 27K Beneficial Owner 47: EX-99.4 Form of Letter to Clients HTML 21K 48: EX-99.5 Form of Letter to Registered Holders HTML 26K 40: EX-12.1 Computation of Ratio of Earnings to Fixed Charges HTML 58K
Computation of Ratio of Earnings to Fixed Charges |
Exhibit 12.1
Pregis Corporation
Ratio of Earnings to Fixed Charges
(in thousands)
Year Ended December 31, |
Nine Months Ended |
||||||||||||||||||||
2001 |
2002 |
2003 |
2004 |
2004 |
2005 |
||||||||||||||||
Earnings: |
|||||||||||||||||||||
Pretax income (loss) from continuing operations |
$ | (4,464 | ) | $ | 31,649 | $ | 27,803 | $ | 28,445 | $ | 19,238 | $ | (6,633 | ) | |||||||
Fixed charges |
20,005 | 12,636 | 11,953 | 9,935 | 7,156 | 7,795 | |||||||||||||||
Earnings |
15,541 | 44,285 | 39,756 | 38,380 | 26,394 | 1,162 | |||||||||||||||
Fixed charges |
|||||||||||||||||||||
Interest expense |
13,838 | 6,676 | 5,786 | 4,433 | 2,917 | 3,068 | |||||||||||||||
Capitalized interest |
500 | 429 | 354 | 61 | 57 | 433 | |||||||||||||||
Interest component of rental expense |
5,667 | 5,531 | 5,813 | 5,441 | 4,182 | 4,294 | |||||||||||||||
Total fixed charges |
20,005 | 12,636 | 11,953 | 9,935 | 7,156 | 7,795 | |||||||||||||||
Ratio of earnings to fixed charges |
0.8 | * | 3.5 | 3.3 | 3.9 | 3.7 | 0.1 | * | |||||||||||||
PRO FORMA DISCLOSURE: |
|||||||||||||||||||||
Earnings: |
|||||||||||||||||||||
Pretax income (loss) from continuing operations |
$ | (5,277 | ) | $ | (32,370 | ) | |||||||||||||||
Fixed charges |
45,140 | 33,967 | |||||||||||||||||||
Earnings |
39,863 | 1,597 | |||||||||||||||||||
Fixed charges: |
|||||||||||||||||||||
Interest expense |
39,638 | 29,728 | |||||||||||||||||||
Capitalized interest |
61 | 57 | |||||||||||||||||||
Interest component of rental expense |
5,441 | 4,182 | |||||||||||||||||||
Total fixed charges |
45,140 | 33,967 | |||||||||||||||||||
Ratio of earnings to fixed charges |
0.9 | * | 0.0 | * | |||||||||||||||||
* | Earnings were insufficient to cover fixed charges by $4,464 for the year ended December 31, 2001, $6,633 for the nine months ended September 30, 2005, $5,277 for the pro forma year ended December 31, 2004, and $32,370 for the pro forma nine months ended September 30, 2005. Accordingly, the ratio of earnings to fixed charges was less than 1:1. |
This ‘S-4/A’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 2/14/06 | None on these Dates | ||
9/30/05 | ||||
12/31/04 | ||||
12/31/01 | ||||
9/30/01 | ||||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/24/06 SEC UPLOAD¶ 10/21/17 1:11K Pregis Holding II Corp. |