Attached files
file | filename |
---|---|
EX-5.1 - EX-5.1 - CINTAS CORP | a12-13310_3ex5d1.htm |
EX-5.2 - EX-5.2 - CINTAS CORP | a12-13310_3ex5d2.htm |
EX-5.3 - EX-5.3 - CINTAS CORP | a12-13310_3ex5d3.htm |
EX-1.1 - EX-1.1 - CINTAS CORP | a12-13310_3ex1d1.htm |
EX-4.1 - EX-4.1 - CINTAS CORP | a12-13310_3ex4d1.htm |
8-K - 8-K - CINTAS CORP | a12-13310_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, |
|
February 28, |
| |||||||
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, |
|
February 28, |
| |||||||
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 |
|