EAGLE MATERIALS INC - FORM 10-Q - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - August 6, 2010

Attached files

file	filename
10-Q - FORM 10-Q - EAGLE MATERIALS INC	d10q.htm
EXCEL - IDEA: XBRL DOCUMENT - EAGLE MATERIALS INC	Financial_Report.xls
EX-10.6 - FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT - EAGLE MATERIALS INC	dex106.htm
EX-10.7 - FORM OF RESTRICTED STOCK UNIT AGREEMENT - EAGLE MATERIALS INC	dex107.htm
EX-32.1 - SECTION 906 CEO CERTIFICATION - EAGLE MATERIALS INC	dex321.htm
EX-32.2 - SECTION 906 CFO CERTIFICATION - EAGLE MATERIALS INC	dex322.htm
EX-10.8 - FORM OF RESTRICTED STOCK AGREEMENT - EAGLE MATERIALS INC	dex108.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - EAGLE MATERIALS INC	dex312.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - EAGLE MATERIALS INC	dex311.htm

Exhibit 12.1


		Three Months Ended June 30,			Fiscal Year Ended March 31,
		2010			2010			2009			2008			2007			2006
Earnings ⁽¹⁾:
Earnings before income taxes		14,667			39,297			62,183			144,384			304,288			241,066
Add: Fixed charges		4,588			18,480			24,714			20,866			12,050			8,675
Add: Amortization of capitalized interest and FIN 48 Interest		914			3,857			5,358			6,597			30			—
Add: Cash distributions from equity method investments		7,250			29,750			33,000			37,750			29,000			27,250
Subtract: Income from equity method investments		(6,512	)		(24,157	)		(32,426	)		(33,982	)		(32,765	)		(26,917	)

Total Earnings		20,907			67,227			92,829			175,615			312,603			250,074

Fixed Charges ⁽²⁾:
Interest expense		4,512			18,180			24,433			20,530			11,709			8,290
Interest component of rent expense		76			300			281			336			341			385

Total Fixed Charges		4,588			18,480			24,714			20,866			12,050			8,675

Ratio of Earnings to Fixed Charges		4.6x			3.6x			3.8x			8.4x			25.9x			28.8x

(1)	Earnings represent earnings before income taxes and before income from equity method investments plus: (a) fixed charges; and (b) cash distributions from equity method investments.

(2)	Fixed charges include: (a) interest expense, whether expensed or capitalized, less interest accrued for uncertain tax positions; and (b) the portion of operating rental expense which management believes is representative of the interest component of rent expense.