SEC Info - LPL Holdings Inc, et al. - ‘S-3ASR’ on 2/9/17

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LPL Holdings Inc, et al. – ‘S-3ASR’ on 2/9/17 – ‘EX-12.1’

On: Thursday, 2/9/17, at 6:39pm ET · As of: 2/10/17 · Effective: 2/10/17 · Accession #: 1139097-17-13 · File #s: 333-215989, -01

  As Of                Filer                Filing    For·On·As Docs:Size

 2/10/17  LPL Holdings Inc                  S-3ASR      2/10/17    8:1.0M
          LPL Financial Holdings Inc.

Automatic Shelf Registration Statement for Securities of a Well-Known Seasoned Issuer — Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3ASR      Automatic Shelf Registration Statement for          HTML    135K 
                          Securities of a Well-Known Seasoned                    
                          Issuer                                                 
 2: EX-3.4      Exhibit 3.4 Restated Articles of Incorporation      HTML     27K 
 3: EX-3.5      Articles of Incorporation/Organization or By-Laws   HTML     30K 
                          -- exhibit35articlesofmerger                           
 4: EX-3.6      Exhibit 3.6 Amended and Restated Bylaws             HTML     60K 
 5: EX-4.1      Instrument Defining the Rights of Security Holders  HTML    274K 
                          -- exhibit41indenture                                  
 6: EX-5.1      Exhibit 5.1 Legal Opinion                           HTML     17K 
 7: EX-12.1     Exhibit 12.1 Ratio of Earnings Computation          HTML     27K 
 8: EX-23.1     Consent of Experts or Counsel -- exhibit231consent  HTML      7K

EX-12.1 — Exhibit 12.1 Ratio of Earnings Computation

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Exhibit

Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

The following table presents the computation of our ratio of earnings to fixed charges for each of the periods indicated (in thousands, except ratio).



	Nine Months Ended			Fiscal Year Ended
	September 30, 2016			December 31, 2015		December 31, 2014			December 31, 2013			December 31, 2012			December 31, 2011
Earnings:
Income before provision for income taxes	$	232,572		$	282,556	$	294,697		$	291,303		$	250,591		$	282,685
Fixed charges	77,235			65,904		62,320			58,064			60,837			74,089
Amortization of capitalized interest	778			1,023		1,176			807			535			492
Interest capitalized	(908		)	129		(2,083		)	(1,316		)	(861		)	(953		)
Total earnings (losses)	$	309,677		$	349,612	$	356,110		$	348,858		$	311,102		$	356,313
Fixed charges:
Interest expensed and capitalized	$	66,713		$	53,965	$	48,315		$	47,236		$	49,974		$	63,262
Amortization of capitalized interest	4,318			3,405		3,973			4,365			4,591			5,091
Estimate of interest within rental expense	6,204			8,534		10,032			6,463			6,272			5,736
Total fixed charges	$	77,235		$	65,904	$	62,320		$	58,064		$	60,837		$	74,089

Ratio of earnings to fixed charges	4.01			5.30		5.71			6.01			5.11			4.81

For the purpose of calculating the ratio of earnings to fixed charges, earnings consist of our income before provision for income taxes plus our fixed charges. Fixed charges consist of interest expense, amortization of debt issuance costs, and an estimate of the interest portion of rent expense.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘S-3ASR’ Filing	Date	Other Filings

Filed as of / Effective on:	2/10/17
Filed on:	2/9/17	8-K
	9/30/16	10-Q
	12/31/15	10-K
	12/31/14	10-K
	12/31/13	10-K, 5
	12/31/12	10-K, 5
	12/31/11	10-K, 5
		List all Filings

3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/27/23  LPL Financial Holdings Inc.       S-3/A                  4:105K                                   Donnelley … Solutions/FA
10/17/23  LPL Financial Holdings Inc.       S-3/A                  5:637K                                   Donnelley … Solutions/FA
 9/22/23  LPL Financial Holdings Inc.       S-3                   17:823K                                   Donnelley … Solutions/FA

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Filing Submission 0001139097-17-000013 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)