Attached files
| file | filename |
|---|---|
| EX-23 - EXHIBIT 23 - COMMERCIAL METALS Co | cmc-8312015xex23.htm |
| EX-21 - EXHIBIT 21 - COMMERCIAL METALS Co | cmc-8312015xex21.htm |
| EX-32.A - EXHIBIT 32.A - COMMERCIAL METALS Co | cmc-8312015xex32a.htm |
| EX-31.A - EXHIBIT 31.A - COMMERCIAL METALS Co | cmc-8312015xex31a.htm |
| EX-31.B - EXHIBIT 31.B - COMMERCIAL METALS Co | cmc-8312015xex31b.htm |
| EX-32.B - EXHIBIT 32.B - COMMERCIAL METALS Co | cmc-8312015xex32b.htm |
| EX-3.II - EXHIBIT 3.II - COMMERCIAL METALS Co | cmc-8312015xex3ii.htm |
| 10-K - 10-K - COMMERCIAL METALS Co | cmc-8312015x10k.htm |
EXHIBIT 12
COMMERCIAL METALS COMPANY AND SUBSIDIARIES CONSOLIDATED
RATIO OF EARNINGS TO FIXED CHARGES
(dollars in thousands, except ratios)
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings (loss) from continuing operations before taxes | $ | 244,528 | $ | 151,815 | $ | 162,702 | $ | 167,772 | $ | 34,813 | ||||||||||
Less: Net earnings (loss) attributable to noncontrolling interests | — | 1 | 4 | 6 | 213 | |||||||||||||||
Capitalized interest amortization | 1,191 | 1,371 | 2,305 | 2,341 | 2,377 | |||||||||||||||
Fixed charges | 93,024 | 90,242 | 80,779 | 81,034 | 82,770 | |||||||||||||||
Less: Capitalized interest | (810 | ) | (563 | ) | (1,004 | ) | (1,339 | ) | (794 | ) | ||||||||||
Total | $ | 337,933 | $ | 242,864 | $ | 244,778 | $ | 249,802 | $ | 118,953 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 78,570 | $ | 77,600 | $ | 69,443 | $ | 70,009 | $ | 70,246 | ||||||||||
Portion of rental expense representative of interest factor | 14,454 | 12,642 | 11,336 | 11,025 | 12,524 | |||||||||||||||
Total fixed charges | $ | 93,024 | $ | 90,242 | $ | 80,779 | $ | 81,034 | $ | 82,770 | ||||||||||
Ratio of earnings to fixed charges | 3.63 | 2.69 | 3.03 | 3.08 | 1.44 | |||||||||||||||