Attached files
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EX-31.2 - EX-31.2 - TreeHouse Foods, Inc. | d843925dex312.htm |
EX-32.2 - EX-32.2 - TreeHouse Foods, Inc. | d843925dex322.htm |
EX-32.1 - EX-32.1 - TreeHouse Foods, Inc. | d843925dex321.htm |
EX-23.1 - EX-23.1 - TreeHouse Foods, Inc. | d843925dex231.htm |
EX-21.1 - EX-21.1 - TreeHouse Foods, Inc. | d843925dex211.htm |
EX-31.1 - EX-31.1 - TreeHouse Foods, Inc. | d843925dex311.htm |
EXCEL - IDEA: XBRL DOCUMENT - TreeHouse Foods, Inc. | Financial_Report.xls |
10-K - 10-K - TreeHouse Foods, Inc. | d843925d10k.htm |
Exhibit 12.1
TREEHOUSE FOODS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
Year Ended December 31, | ||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
Earnings: |
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Income before income taxes |
$ | 136,570 | $ | 124,910 | $ | 124,209 | $ | 139,798 | $ | 136,400 | ||||||||||
Add (deduct): |
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Fixed charges |
62,206 | 66,913 | 69,246 | 71,045 | 56,955 | |||||||||||||||
Capitalization of interest, net of amortization |
(48 | ) | 389 | (343 | ) | (451 | ) | (66 | ) | |||||||||||
Other |
| 231 | 374 | 64 | 66 | |||||||||||||||
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Earnings available for fixed charges (a) |
$ | 198,728 | $ | 192,443 | $ | 193,486 | $ | 210,455 | $ | 193,355 | ||||||||||
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Fixed charges: |
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Interest expense |
$ | 42,036 | $ | 49,304 | $ | 51,609 | $ | 53,023 | $ | 45,691 | ||||||||||
Capitalized interest and tax interest |
135 | 57 | 568 | 748 | 237 | |||||||||||||||
One third of rental expense (1) |
20,035 | 17,552 | 17,069 | 17,274 | 11,027 | |||||||||||||||
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Total fixed charges (b) |
$ | 62,206 | $ | 66,913 | $ | 69,246 | $ | 71,045 | $ | 56,955 | ||||||||||
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Ratio of earnings to fixed charges (a/b) |
3.19 | 2.88 | 2.79 | 2.96 | 3.39 | |||||||||||||||
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(1) | Considered to be representative of interest factor in rental expense. |