Attached files

file filename
EX-5.1 - EX-5.1 - CINTAS CORPa12-13310_3ex5d1.htm
EX-5.2 - EX-5.2 - CINTAS CORPa12-13310_3ex5d2.htm
EX-5.3 - EX-5.3 - CINTAS CORPa12-13310_3ex5d3.htm
EX-1.1 - EX-1.1 - CINTAS CORPa12-13310_3ex1d1.htm
EX-4.1 - EX-4.1 - CINTAS CORPa12-13310_3ex4d1.htm
8-K - 8-K - CINTAS CORPa12-13310_38k.htm

Exhibit 12.1

 

CINTAS CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Amounts in Thousands)

 

 

 

Year Ended May 31,

 

Nine Months Ended

 

 

 

2011

 

2010

 

2009

 

2008

 

2007

 

February 29,
2012

 

February 28,
2011

 

Net income before income taxes

 

$

392,669

 

$

343,892

 

$

361,593

 

$

530,704

 

$

533,553

 

$

347,655

 

$

275,763

 

Capitalized interest

 

2,150

 

2,182

 

2,259

 

1,090

 

490

 

1,299

 

1,717

 

Fixed charges

 

66,935

 

63,476

 

65,127

 

65,578

 

61,903

 

65,297

 

47,238

 

Earnings

 

$

461,754

 

$

409,550

 

$

428,979

 

$

597,372

 

$

595,946

 

$

414,251

 

$

324,718

 

 

 

 

Year Ended May 31,

 

Nine Months Ended

 

 

 

2011

 

2010

 

2009

 

2008

 

2007

 

February 29,
2012

 

February 28,
2011

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest component of rent expense

 

$

15,081

 

$

12,682

 

$

12,632

 

$

11,665

 

$

11,089

 

$

11,717

 

$

8,566

 

Interest expense

 

49,704

 

48,612

 

50,236

 

52,823

 

50,324

 

52,281

 

36,955

 

Capitalized interest

 

2,150

 

2,182

 

2,259

 

1,090

 

490

 

1,299

 

1,717

 

 

 

$

66,935

 

$

63,476

 

$

65,127

 

$

65,578

 

$

61,903

 

$

65,297

 

$

47,238

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

6.9

 

6.5

 

6.6

 

9.1

 

9.6

 

6.3

 

6.9