Attached files
| file | filename |
|---|---|
| 10-K - 10-K - LKQ CORP | lkq-20151231_10k.htm |
| EX-10.40 - EXHIBIT 10.40 - LKQ CORP | lkq-ex1040_20151231.htm |
| EX-10.5 - EXHIBIT 10.5 - LKQ CORP | lkq-ex105_20151231.htm |
| EX-10.8 - EXHIBIT 10.8 - LKQ CORP | lkq-ex108_20151231.htm |
| EX-31.1 - EXHIBIT 31.1 - LKQ CORP | lkq-ex311_20151231.htm |
| EX-10.32 - EXHIBIT 10.32 - LKQ CORP | lkq-ex1032_20151231.htm |
| EX-23.1 - EXHIBIT 23.1 - LKQ CORP | lkq-ex231_20151231.htm |
| EX-21.1 - EXHIBIT 21.1 - LKQ CORP | lkq-ex211_20151231.htm |
| EX-31.2 - EXHIBIT 31.2 - LKQ CORP | lkq-ex312_20151231.htm |
| EX-32.1 - EXHIBIT 32.1 - LKQ CORP | lkq-ex321_20151231.htm |
| EX-10.9 - EXHIBIT 10.9 - LKQ CORP | lkq-ex109_20151231.htm |
| EX-32.2 - EXHIBIT 32.2 - LKQ CORP | lkq-ex322_20151231.htm |
| EX-10.23 - EXHIBIT 10.23 - LKQ CORP | lkq-ex1023_20151231.htm |
| EX-10.41 - EXHIBIT 10.41 - LKQ CORP | lkq-ex1041_20151231.htm |
| EX-10.44 - EXHIBIT 10.44 - LKQ CORP | lkq-ex1044_20151231.htm |
Exhibit 12.1
LKQ CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratios)
(Unaudited)
Year Ended December 31, | ||||||||||||||||||||
2011 | 2012 | 2013 | 2014 | 2015 | ||||||||||||||||
Income from continuing operations before provision for income taxes | $ | 335,771 | $ | 409,167 | $ | 475,827 | $ | 587,888 | $ | 649,030 | ||||||||||
Fixed charges | 56,901 | 71,983 | 100,190 | 124,670 | 124,739 | |||||||||||||||
Amortization of capitalized interest, net of interest capitalized | (318 | ) | (57 | ) | 56 | (50 | ) | 64 | ||||||||||||
Earnings available for fixed charges | $ | 392,354 | $ | 481,093 | $ | 576,073 | $ | 712,508 | $ | 773,833 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense, including amortization of debt issuance costs | $ | 24,307 | $ | 31,429 | $ | 51,184 | $ | 64,542 | $ | 57,860 | ||||||||||
Capitalized interest | 479 | 296 | 130 | 264 | 166 | |||||||||||||||
Portion of rental expense representative of interest | 32,115 | 40,258 | 48,876 | 59,864 | 66,713 | |||||||||||||||
Total fixed charges | $ | 56,901 | $ | 71,983 | $ | 100,190 | $ | 124,670 | $ | 124,739 | ||||||||||
Ratio of earnings to fixed charges | 6.9 | 6.7 | 5.7 | 5.7 | 6.2 | |||||||||||||||