EAGLE MATERIALS INC - FORM 10-Q - EX-12.1 - August 8, 2014

Attached files

file	filename
EX-95 - EX-95 - EAGLE MATERIALS INC	d755801dex95.htm
EX-31.1 - EX-31.1 - EAGLE MATERIALS INC	d755801dex311.htm
EX-32.1 - EX-32.1 - EAGLE MATERIALS INC	d755801dex321.htm
EX-31.2 - EX-31.2 - EAGLE MATERIALS INC	d755801dex312.htm
EX-32.2 - EX-32.2 - EAGLE MATERIALS INC	d755801dex322.htm
EXCEL - IDEA: XBRL DOCUMENT - EAGLE MATERIALS INC	Financial_Report.xls
10-Q - 10-Q - EAGLE MATERIALS INC	d755801d10q.htm

Exhibit 12.1


		Three Months
		Ended June 30				Fiscal Year Ended March 31,
		2014				2014				2013				2012				2011
Earnings ⁽¹⁾:
Earnings before income taxes			55,786				181,804				84,096				21,912				16,762
Add: Fixed charges			4,010				18,171				15,791				17,769				18,291
Add: Amortization of capitalized interest and FIN 48 Interest			308				1,177				945				(367	)			(932	)
Add: Cash distributions from equity method investments			8,375				37,750				28,500				23,250				24,500
Subtract: Income from equity method investments			(9,800	)			(37,811	)			(32,507	)			(28,528	)			(24,233	)

Total Earnings			58,679				201,091				96,825				34,036				34,388
Fixed Charges ⁽²⁾:
Interest expense			3,879				17,646				15,467				17,530				17,995
Interest component of rent expense			131				525				324				239				296

Total Fixed Charges			4,010				18,171				15,791				17,769				18,291
Ratio of Earnings to Fixed Charges			14.6x				11.1x				6.1x				1.9x				1.9x

(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.