Attached files
file | filename |
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EX-32 - EXHIBIT 32 - RYDER SYSTEM INC | ryderex32-q32015.htm |
EX-31.2 - EXHIBIT 31.2 - RYDER SYSTEM INC | ryderex312-q32015.htm |
EX-31.1 - EXHIBIT 31.1 - RYDER SYSTEM INC | ryderex311-q32015.htm |
10-Q - 10-Q - RYDER SYSTEM INC | ryder3rdquarter201510-q.htm |
EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries | ||||||||
Ratio of Earnings to Fixed Charges | ||||||||
Continuing Operations | ||||||||
(Dollars in thousands) | ||||||||
For the Nine Months Ended September 30, 2015 | ||||||||
EARNINGS: | ||||||||
Earnings before income taxes | 357,524 | |||||||
Fixed charges | 147,682 | |||||||
Add: Amortization of capitalized interest | 424 | |||||||
Less: Interest capitalized | — | |||||||
Earnings available for fixed charges (A) | 505,630 | |||||||
FIXED CHARGES: | ||||||||
Interest and other financial charges | 115,131 | |||||||
Portion of rents representing interest expense | 32,551 | |||||||
Total fixed charges (B) | 147,682 | |||||||
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B) | 3.42x | |||||||