Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - DYCOM INDUSTRIES INC | dyfy201510kex312.htm |
| EX-32.1 - EXHIBIT 32.1 - DYCOM INDUSTRIES INC | dyfy201510kex321.htm |
| EX-32.2 - EXHIBIT 32.2 - DYCOM INDUSTRIES INC | dyfy201510kex322.htm |
| EX-21.1 - EXHIBIT 21.1 - DYCOM INDUSTRIES INC | dyfy201510kex211.htm |
| EX-23.2 - EXHIBIT 23.2 - DYCOM INDUSTRIES INC | dyfy201510kex232.htm |
| EX-31.1 - EXHIBIT 31.1 - DYCOM INDUSTRIES INC | dyfy201510kex311.htm |
| EX-23.1 - EXHIBIT 23.1 - DYCOM INDUSTRIES INC | dyfy201510kex231.htm |
| 10-K - 10-K - DYCOM INDUSTRIES INC | dyfy201510k.htm |
Exhibit 12.1
Dycom Industries, Inc.
Computation of Ratio of Earnings to Fixed Charges
Fiscal Year Ended | ||||||||||||||||||||
July 25, 2015 | July 26, 2014 | July 27, 2013 | July 28, 2012 | July 30, 2011 | ||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||||
Income from continuing operations before cumulative effect of changes in accounting principles | $ | 84,324 | $ | 39,978 | $ | 35,188 | $ | 39,378 | $ | 16,107 | ||||||||||
Income tax expense | 51,260 | 26,341 | 23,011 | 25,183 | 12,377 | |||||||||||||||
Fixed charges included in the determination of net income | 39,970 | 39,528 | 34,774 | 24,001 | 22,185 | |||||||||||||||
Total earnings, as defined | $ | 175,554 | $ | 105,847 | $ | 92,973 | $ | 88,562 | $ | 50,669 | ||||||||||
Fixed charges, as defined: | ||||||||||||||||||||
Interest charges | $ | 27,029 | $ | 26,837 | $ | 23,335 | $ | 16,745 | $ | 16,017 | ||||||||||
Rental interest factor | 12,941 | 12,691 | 11,439 | 7,256 | 6,168 | |||||||||||||||
Total fixed charges, as defined | $ | 39,970 | $ | 39,528 | $ | 34,774 | $ | 24,001 | $ | 22,185 | ||||||||||
Ratio of earnings to fixed charges | 4.4x | 2.7x | 2.7x | 3.7x | 2.3x | |||||||||||||||