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Exhibit 12.1

 

Wabash National Corporation

Computation of Ratio of Earnings to Fixed Charges

 

($ in 000's)  2016   2015   2014   2013   2012 
                     
Earnings                         
Pretax income   185,417    163,311    98,462    77,623    48,663 
Add: Total fixed charges   15,863    19,748    22,365    26,708    22,024 
Total Earnings   201,280    183,059    120,827    104,331    70,687 
                          
Fixed Charges                         
Interest Expense   15,863    19,748    22,365    26,708    22,024 
Total Fixed Charges   15,863    19,748    22,365    26,708    22,024 
                          
Fixed Charge Ratio   12.69    9.27    5.40    3.91    3.21 

 

For purposes of calculating the ratio of earnings to fixed charges, earnings is defined as pre-tax income (loss) plus fixed charges less preferred stock dividends. Fixed charges include interest expense (including amortization of deferred financing costs), interest on capital lease obligations, an estimate of interest within rental expense and preferred stock dividends, if any.