Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - SERVICE CORP INTERNATIONAL | sci-2015630x10q.htm |
| EX-31.2 - EXHIBIT 31.2 - SERVICE CORP INTERNATIONAL | sci-2015630xex312.htm |
| EX-32.2 - EXHIBIT 32.2 - SERVICE CORP INTERNATIONAL | sci-2015630xex322.htm |
| EX-32.1 - EXHIBIT 32.1 - SERVICE CORP INTERNATIONAL | sci-2015630xex321.htm |
| EX-31.1 - EXHIBIT 31.1 - SERVICE CORP INTERNATIONAL | sci-2015630xex311.htm |
Exhibit 12.1
SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)
Three months ended June 30, | Six months ended June 30, | |||||||||||
2015 | 2014 | 2015 | 2014 | |||||||||
Earnings: | ||||||||||||
Pretax income | $ | 84,489 | $ | 69,316 | $ | 182,607 | $ | 133,274 | ||||
Add fixed charges as adjusted (from below) | 45,402 | 48,917 | 90,708 | 96,805 | ||||||||
$ | 129,891 | $ | 118,233 | $ | 273,315 | $ | 230,079 | |||||
Fixed charges: | ||||||||||||
Interest expense: | ||||||||||||
Corporate | $ | 40,539 | $ | 44,102 | $ | 81,056 | $ | 87,255 | ||||
Amortization of deferred financing costs | 2,443 | 2,205 | 4,865 | 4,048 | ||||||||
Portion of rent representative of interest | 2,420 | 2,610 | 4,787 | 5,502 | ||||||||
Fixed charges | $ | 45,402 | $ | 48,917 | $ | 90,708 | $ | 96,805 | ||||
Ratio (earnings divided by fixed charges) | 2.86 | 2.42 | 3.01 | 2.38 | ||||||||