Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - DYCOM INDUSTRIES INC | Financial_Report.xls |
| EX-32.2 - EXHIBIT 32.2 - DYCOM INDUSTRIES INC | dyq3fy201510qex322.htm |
| EX-31.1 - EXHIBIT 31.1 - DYCOM INDUSTRIES INC | dyq3fy201510qex311.htm |
| EX-32.1 - EXHIBIT 32.1 - DYCOM INDUSTRIES INC | dyq3fy201510qex321.htm |
| 10-Q - 10-Q - DYCOM INDUSTRIES INC | dyq3fy201510q.htm |
| EX-31.2 - EXHIBIT 31.2 - DYCOM INDUSTRIES INC | dyq3fy201510qex312.htm |
Exhibit 12.1
Dycom Industries, Inc.
Computation of Ratio of Earnings to Fixed Charges
Nine Months Ended | Fiscal Year Ended | |||||||||||||||||||||||
April 25, 2015 | July 26, 2014 | July 27, 2013 | July 28, 2012 | July 30, 2011 | July 31, 2010 | |||||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||||||||
Income from continuing operations before cumulative effect of changes in accounting principles | $ | 50,497 | $ | 39,978 | $ | 35,188 | $ | 39,378 | $ | 16,107 | $ | 5,849 | ||||||||||||
Income tax expense | 31,678 | 26,341 | 23,011 | 25,183 | 12,377 | 4,881 | ||||||||||||||||||
Fixed charges included in the determination of net income | 29,620 | 39,528 | 34,774 | 24,001 | 22,185 | 20,292 | ||||||||||||||||||
Total earnings, as defined | $ | 111,795 | $ | 105,847 | $ | 92,973 | $ | 88,562 | $ | 50,669 | $ | 31,022 | ||||||||||||
Fixed charges, as defined: | ||||||||||||||||||||||||
Interest charges | $ | 20,126 | $ | 26,837 | $ | 23,335 | $ | 16,745 | $ | 16,017 | $ | 14,272 | ||||||||||||
Rental interest factor | 9,494 | 12,691 | 11,439 | 7,256 | 6,168 | 6,020 | ||||||||||||||||||
Total fixed charges, as defined | $ | 29,620 | $ | 39,528 | $ | 34,774 | $ | 24,001 | $ | 22,185 | $ | 20,292 | ||||||||||||
Ratio of earnings to fixed charges | 3.8x | 2.7x | 2.7x | 3.7x | 2.3x | 1.5x | ||||||||||||||||||