Attached files
| file | filename |
|---|---|
| EX-4.9 - EX-4.9 - TreeHouse Foods, Inc. | d108745dex49.htm |
| EX-23.1 - EX-23.1 - TreeHouse Foods, Inc. | d108745dex231.htm |
| EX-32.1 - EX-32.1 - TreeHouse Foods, Inc. | d108745dex321.htm |
| EX-4.11 - EX-4.11 - TreeHouse Foods, Inc. | d108745dex411.htm |
| EX-4.10 - EX-4.10 - TreeHouse Foods, Inc. | d108745dex410.htm |
| EX-21.1 - EX-21.1 - TreeHouse Foods, Inc. | d108745dex211.htm |
| EX-31.1 - EX-31.1 - TreeHouse Foods, Inc. | d108745dex311.htm |
| EX-31.2 - EX-31.2 - TreeHouse Foods, Inc. | d108745dex312.htm |
| EX-32.2 - EX-32.2 - TreeHouse Foods, Inc. | d108745dex322.htm |
| 10-K - FORM 10-K - TreeHouse Foods, Inc. | d108745d10k.htm |
Exhibit 12.1
TREEHOUSE FOODS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
| Year Ended December 31, | ||||||||||||||||||||
| 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
| Earnings: |
||||||||||||||||||||
| Income before income taxes |
$ | 171,264 | $ | 136,570 | $ | 124,910 | $ | 124,209 | $ | 139,798 | ||||||||||
| Add (deduct): |
||||||||||||||||||||
| Fixed charges |
70,067 | 62,206 | 66,913 | 69,246 | 71,045 | |||||||||||||||
| Capitalization of interest, net of amortization |
(161 | ) | (48 | ) | 389 | (343 | ) | (451 | ) | |||||||||||
| Other |
— | — | 231 | 374 | 64 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Earnings available for fixed charges (a) |
$ | 241,170 | $ | 198,728 | $ | 192,443 | $ | 193,486 | $ | 210,455 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Fixed charges: |
||||||||||||||||||||
| Interest expense |
$ | 45,474 | $ | 42,036 | $ | 49,304 | $ | 51,609 | $ | 53,023 | ||||||||||
| Capitalized interest and tax interest |
511 | 135 | 57 | 568 | 748 | |||||||||||||||
| One third of rental expense (1) |
24,082 | 20,035 | 17,552 | 17,069 | 17,274 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Total fixed charges (b) |
$ | 70,067 | $ | 62,206 | $ | 66,913 | $ | 69,246 | $ | 71,045 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Ratio of earnings to fixed charges (a/b) |
3.44 | 3.19 | 2.88 | 2.79 | 2.96 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| (1) | Considered to be representative of interest factor in rental expense. |