Attached files
file | filename |
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EX-31.1 - EXHIBIT - MASTEC INC | mtz09301410-qex311.htm |
EX-32.2 - EXHIBIT - MASTEC INC | mtz09301410-qex322.htm |
EX-32.1 - EXHIBIT - MASTEC INC | mtz09301410-qex321.htm |
EX-31.2 - EXHIBIT - MASTEC INC | mtz09301410-qex312.htm |
EX-4.1 - EXHIBIT - MASTEC INC | mtz09301410-qex41.htm |
EXCEL - IDEA: XBRL DOCUMENT - MASTEC INC | Financial_Report.xls |
10-Q - 10-Q - MASTEC INC | mtz09301410-q.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
For the Nine Months Ended September 30, | |||||||
2014 | 2013 | ||||||
Earnings: | |||||||
Income from continuing operations before income taxes | $ | 151,655 | $ | 170,608 | |||
Add: Fixed charges | 102,384 | 93,490 | |||||
Less: Undistributed earnings (losses) from equity method investees | (276 | ) | — | ||||
Total earnings | $ | 254,315 | $ | 264,098 | |||
Fixed charges: | |||||||
Interest expense | $ | 37,695 | $ | 34,812 | |||
Estimate of interest expense within rental expense | 64,689 | 58,678 | |||||
Total fixed charges | $ | 102,384 | $ | 93,490 | |||
Ratio of earnings to fixed charges | 2.5 | 2.8 |