Six Months Ended June 30, 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||
Earnings: | ||||||||||||||||||
Income (loss) from continuing operations before income tax expense | $ | 220.9 | $ | 262.0 | $ | 180.5 | $ | 149.1 | $ | (315.9 | ) | $ | (272.6 | ) | ||||
Add: | ||||||||||||||||||
Fixed Charges | 3.0 | 5.9 | 7.8 | 1.5 | 77.9 | 98.7 | ||||||||||||
Total earnings (loss) available for fixed charges | 223.9 | 267.9 | 188.3 | 150.6 | (238.0 | ) | (173.9 | ) | ||||||||||
Fixed Charges: | ||||||||||||||||||
Interest expense and other financial charges | 2.0 | 4.0 | 6.3 | 0.1 | 76.4 | 97.1 | ||||||||||||
Estimate of interest within rental expense | 1.0 | 1.9 | 1.5 | 1.4 | 1.5 | 1.6 | ||||||||||||
Total fixed charges | $ | 3.0 | $ | 5.9 | $ | 7.8 | $ | 1.5 | $ | 77.9 | $ | 98.7 | ||||||
Ratio of earnings to total fixed charges | 74.6 | x | 45.4 | x | 24.1 | x | 100.4x | (1) | (1) | |||||||||
(1) | Due to our losses for the years ended December 31, 2011 and 2010, the ratio of earnings to fixed charges was less than 1:1 for these periods. We would have needed to generate additional earnings of $315.9 million and $272.6 million to achieve a ratio of 1:1 for the years ended December 31, 2011 and 2010, respectively. |