PILGRIMS PRIDE CORP - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - October 29, 2010

Attached files

file filename
10-Q - FORM 10-Q - PILGRIMS PRIDE CORPd10q.htm
EX-32.2 - SECTION 906 CERT. - PRINCIPAL FINANCIAL OFFICER - PILGRIMS PRIDE CORPdex322.htm
EX-32.1 - SECTION 906 CERT. - PRINCIPAL EXECUTIVE OFFICER - PILGRIMS PRIDE CORPdex321.htm
EX-31.1 - SECTION 302 CERT. - PRINCIPAL EXECUTIVE OFFICER - PILGRIMS PRIDE CORPdex311.htm
EX-31.2 - SECTION 302 CERT. - PRINCIPAL FINANCIAL OFFICER - PILGRIMS PRIDE CORPdex312.htm

 

EXHIBIT 12

PILGRIM’S PRIDE CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     Nine Months Ended  
     September 26,
2010		      September 26,
2009		  
     (In thousands, except ratios)  

Earnings:

      

Income from continuing operations before income taxes

    $ 43,451       $ 55,311   

Add: Total fixed charges

      92,954         136,902   

Less: Interest capitalized

      669         1,928   
                 

Total earnings

    $ 135,736       $ 190,285   
                 

Fixed charges:

      

Interest charges

    $ 81,696       $ 124,289   

Portion of noncancelable lease expense representative of the interest factor

      11,258         12,613   
                 

Total fixed charges

    $ 92,954       $ 136,902   
                 

Ratio of earnings to fixed charges

      1.46         1.39   

PILGRIMS PRIDE CORP Reports