Attached files
file | filename |
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EX-32.1 - EX-32.1 - AUTOZONE INC | d73676dex321.htm |
EX-21.1 - EX-21.1 - AUTOZONE INC | d73676dex211.htm |
EX-23.1 - EX-23.1 - AUTOZONE INC | d73676dex231.htm |
EX-32.2 - EX-32.2 - AUTOZONE INC | d73676dex322.htm |
EX-31.2 - EX-31.2 - AUTOZONE INC | d73676dex312.htm |
10-K - FORM 10-K - AUTOZONE INC | d73676d10k.htm |
EX-31.1 - EX-31.1 - AUTOZONE INC | d73676dex311.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Fiscal Year Ended August | ||||||||||||||||||||
(in thousands, except ratios) |
2015 |
2014 |
2013 |
2012 |
2011 |
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Earnings: |
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Income before income taxes |
$ | 1,802,612 | $ | 1,662,714 | $ | 1,587,683 | $ | 1,452,986 | $ | 1,324,246 | ||||||||||
Fixed charges |
236,996 | 249,513 | 265,108 | 250,056 | 240,329 | |||||||||||||||
Less: Capitalized interest |
(963 | ) | (1,041 | ) | (1,303 | ) | (1,245 | ) | (1,059 | ) | ||||||||||
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Adjusted earnings |
$ | 2,038,645 | $ | 1,911,186 | $ | 1,851,488 | $ | 1,701,797 | $ | 1,563,516 | ||||||||||
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Fixed charges: |
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Gross interest expense |
$ | 146,777 | $ | 163,544 | $ | 180,085 | $ | 170,481 | $ | 164,712 | ||||||||||
Amortization of debt expense |
6,230 | 6,856 | 8,239 | 8,066 | 8,962 | |||||||||||||||
Interest portion of rent expense |
83,989 | 79,113 | 76,784 | 71,509 | 66,655 | |||||||||||||||
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Fixed charges |
$ | 236,996 | $ | 249,513 | $ | 265,108 | $ | 250,056 | $ | 240,329 | ||||||||||
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Ratio of earnings to fixed charges |
8.6 | 7.7 | 7.0 | 6.8 | 6.5 | |||||||||||||||
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