MASTEC INC - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - November 3, 2015

Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - MASTEC INCmtz9301510-qex322.htm
EX-32.1 - EXHIBIT 32.1 - MASTEC INCmtz9301510-qex321.htm
EX-31.1 - EXHIBIT 31.1 - MASTEC INCmtz9301510-qex311.htm
EX-31.2 - EXHIBIT 31.2 - MASTEC INCmtz9301510-qex312.htm
10-Q - 10-Q - MASTEC INCmtz9301510-q.htm


Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
 
For the Nine Months Ended September 30,
 
2015
 
2014
 
 
 
As Restated
Earnings:
 
 
 
Income from continuing operations before income taxes
$
522

 
$
154,016

Add: Fixed charges
105,780

 
102,384

Less: Undistributed losses from equity method investees
(3,594
)
 
(276
)
Total earnings
$
109,896

 
$
256,676

Fixed charges:
 
 
 
Interest expense
$
36,320

 
$
37,695

Estimate of interest expense within rental expense
69,460

 
64,689

Total fixed charges
$
105,780

 
$
102,384

Ratio of earnings to fixed charges
1.0

 
2.5




MASTEC INC Reports