Years Ended December 31, | ||||||||||||||||||||
2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) before income taxes | (1,330,048 | ) | $ | (2,987,144 | ) | $ | (766,448 | ) | $ | 101,436 | $ | 33,784 | ||||||||
Adjustments: | ||||||||||||||||||||
Fixed charges | 301,750 | 225,575 | 178,229 | 83,184 | 92,732 | |||||||||||||||
Income from equity investees | 22,549 | 2,616 | 1,268 | 1,706 | 189 | |||||||||||||||
Amortization of capitalized interest | 347 | 139 | 107 | 106 | 137 | |||||||||||||||
Capitalized interest | — | (1,194 | ) | (1,925 | ) | (2,152 | ) | (492 | ) | |||||||||||
$ | (1,005,402 | ) | $ | (2,760,008 | ) | $ | (588,769 | ) | $ | 184,280 | $ | 126,350 | ||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 246,589 | $ | 198,147 | $ | 141,914 | $ | 73,463 | $ | 82,825 | ||||||||||
(Gain) loss on early extinguishment of debt | 40,465 | (773 | ) | 10,026 | 1,349 | 5,641 | ||||||||||||||
Portion of rental expense representative of interest | 14,696 | 27,007 | 24,364 | 6,220 | 3,774 | |||||||||||||||
Capitalized interest | — | 1,194 | 1,925 | 2,152 | 492 | |||||||||||||||
$ | 301,750 | $ | 225,575 | $ | 178,229 | $ | 83,184 | $ | 92,732 | |||||||||||
Ratio of earnings to fixed charges | N/A (1) | N/A (1) | N/A (1) | 2.22 | 1.36 | |||||||||||||||
(1) | The ratio of earnings to fixed charges was less than one-to-one for the years ended December 31, 2013 and 2012. Additional earnings of $1,307,151 and $2,985,583, respectively, would be needed to have a one-to-one ratio of earnings to fixed charges. |