Urban Outfitters 2016 Annual Report Download - page 275

SCHEDULE I
Fixed Charge Coverage Ratio Calculation
For the period of four fiscal quarters ended [ ]:
Consolidated Net Income:
Consolidated net income (loss) in accordance with GAAP $ [ , , ]
Excluding :
(a) Extraordinary gains and extraordinary losses $ [ , , ]
(b) Income (deficit) accrued prior to date it becomes a Subsidiary or is consolidated with Company or any Subsidiary $ [ , , ]
(c) Income (deficit) of any Person (other than a Subsidiary) in which the Company or any Subsidiaries has an ownership
interest, except to the extent that income is received by the Company or such Subsidiary as dividends or similar distributions $ [ , , ]
(d) undistributed earnings of any Subsidiary to the extent that the declaration or payment of dividends or similar distributions
is not at the time permitted by the terms of any contractual obligation (other than under any Loan Document) or Requirement
of Law applicable to such Subsidiary $ [ , , ]
(e) Any cancellation of Indebtedness income for such period: $ [ , , ]
1. Consolidated Net Income $ [ , , ]
Plus:
(a) Interest Expense on all Indebtedness (including Capital Leases) including commissions, discounts, fees and charges on
letters of credit and net costs under interest rate Swap Agreements in respect of interest rates to the extent such net costs are
allocable to such period in accordance with GAAP $ [ , , ]
(b) Federal, state, local and foreign income taxes (excluding Federal, state, local and foreign income tax credits ) $ [ , , ]
(c) depreciation and amortization expense $ [ , , ]
(d) non-cash compensation expenses
(e) non-recurring non-cash charges (including asset impairment charges, unrealized foreign currency losses or other unrealized
hedge agreement losses, but excluding non-recurring non-cash charges that relate to the write down/write off of inventory $ [ , , ]