EX-12.1 7 v193101_ex12-1.htm

Unassociated Document

Exhibit 12.1

Wabash National Corporation

Computation of Ratio of Earnings to Fixed Charges

		Six Months Ended
($ in 000's)		June 30, 2010				2009				2008				2007				2006				2005
Earnings
Pretax income (loss)			(144,594	)			(104,766	)			(108,762	)			24,688				16,302				74,056
Add: Total fixed charges			5,366				7,699				4,657				5,755				6,921				6,431
Less: Preferred Stock Dividends			(3,341	)			(3,320	)			-				-				-				-
Total Earnings			(142,569	)			(100,387	)			(104,105	)			30,443				23,223				80,487
Fixed Charges
Interest Expense			2,025				4,379				4,657				5,755				6,921				6,431
Preferred Stock Dividends			3,341				3,320				-				-				-				-
Total Fixed Charges			5,366				7,699				4,657				5,755				6,921				6,431
Fixed Charge Ratio			-				-				-				5.29				3.36				12.52

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), preferred stock dividends and interest on capital lease obligations.