COMPASS MINERALS INTERNATIONAL INC - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - February 22, 2016

Attached files

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10-K - 10-K - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10k.htm
EX-2.4 - EXHIBIT 2.4 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex24.htm
EX-95 - EXHIBIT 95 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex95.htm
EX-32 - EXHIBIT 32 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex32.htm
EX-21.1 - EXHIBIT 21.1 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex211.htm
EX-10.43 - EXHIBIT 10.43 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex1043.htm
EX-10.57 - EXHIBIT 10.57 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex1057.htm
EX-10.14 - EXHIBIT 10.14 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex1014.htm
EX-2.3 - EXHIBIT 2.3 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex23.htm
EX-31.2 - EXHIBIT 31.2 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex312.htm
EX-23.1 - EXHIBIT 23.1 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex231.htm
EX-31.1 - EXHIBIT 31.1 - COMPASS MINERALS INTERNATIONAL INCcmp-20151231x10kxex311.htm
Exhibit 12.1

 
 
 
 
 
 
Compass Minerals International, Inc.
Computation of Ratios of Earnings to Fixed Charges
(in millions)
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31,
2015

 
2014

 
2013

Earnings:
 
 
 
 
 
Net earnings before income taxes
$
159.2

 
$
291.8

 
$
174.1

Less: capitalized interest
(1.5
)
 
(0.3
)
 
(0.6
)
Plus: fixed charges
26.5

 
23.3

 
21.1

 
$
184.2

 
$
314.8

 
$
194.6

 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
Interest charges
$
21.5

 
$
20.1

 
$
17.9

Capitalized interest
1.5

 
0.3

 
0.6

Plus interest factor in operating rent expense
3.5

 
2.9

 
2.6

 
$
26.5

 
$
23.3

 
$
21.1

 
 
 
 
 
 
Ratio of earnings to fixed charges
6.95x

 
13.51x

 
9.22x

        

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