Attached files
file | filename |
---|---|
10-Q - 10-Q - MASTEC INC | mtz06301510-q.htm |
EX-32.2 - EXHIBIT 32.2 - MASTEC INC | mtz6301510-qex322.htm |
EX-32.1 - EXHIBIT 32.1 - MASTEC INC | mtz06301510-qex321.htm |
EX-31.1 - EXHIBIT 31.1 - MASTEC INC | mtz06301510-qex311.htm |
EX-31.2 - EXHIBIT 31.2 - MASTEC INC | mtz6301510-qex312.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
For the Six Months Ended June 30, | |||||||
2015 | 2014 | ||||||
As Restated | |||||||
Earnings: | |||||||
(Loss) income from continuing operations before income taxes | $ | (13,116 | ) | $ | 74,252 | ||
Add: Fixed charges | 69,809 | 65,514 | |||||
Less: Undistributed (losses) earnings from equity method investees | (3,223 | ) | — | ||||
Total earnings | $ | 59,916 | $ | 139,766 | |||
Fixed charges: | |||||||
Interest expense | $ | 24,321 | $ | 25,017 | |||
Estimate of interest expense within rental expense | 45,488 | 40,497 | |||||
Total fixed charges | $ | 69,809 | $ | 65,514 | |||
Ratio of earnings to fixed charges | 0.9 | 2.1 |