EX-12 4 bios-ex12xx20141231x10k.htm EXHIBIT 12 BIOS-EX12--2014.12.31-10K


Exhibit 12



Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)




 
Year ended December 31,
 
2014
 
2013
 
2012
 
2011
 
2010
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expensed and capitalized
$
38,539

 
$
28,198

 
$
26,068

 
$
25,544

 
$
23,561

Amortized premiums, discounts and capitalized expenses (included above)
—

 
—

 
—

 
—

 
—

Estimate of interest within rental expense
—

 
—

 
—

 
—

 
—

Preference security dividend
—

 
—

 
—

 
—

 
—

Total Fixed Charges
$
38,539

 
$
28,198

 
$
26,068

 
$
25,544

 
$
23,561

 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations before adjustment for minority interest in consolidated subsidiaries or income or loss from equity investees
$
(131,991
)
 
$
(54,468
)
 
$
(19,392
)
 
$
(8,549
)
 
$
(28,047
)
Fixed Charges
38,539

 
28,198

 
26,068

 
25,544

 
23,561

Distributed income of equity investees
—

 
—

 
—

 
—

 
—

Total Earnings
$
(93,452
)
 
$
(26,270
)
 
$
6,676

 
$
16,995

 
$
(4,486
)
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
(2.42
)
 
(0.93
)
 
0.26

 
0.67

 
(0.19
)