Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - DYCOM INDUSTRIES INC | dyq2201610qex312.htm |
| EX-32.1 - EXHIBIT 32.1 - DYCOM INDUSTRIES INC | dyq2201610qex321.htm |
| EX-32.2 - EXHIBIT 32.2 - DYCOM INDUSTRIES INC | dyq2201610qex322.htm |
| EX-31.1 - EXHIBIT 31.1 - DYCOM INDUSTRIES INC | dyq2201610qex311.htm |
| 10-Q - 10-Q - DYCOM INDUSTRIES INC | dyq2fy201610q.htm |
Exhibit 12.1
Dycom Industries, Inc.
Computation of Ratio of Earnings to Fixed Charges
Six Months Ended | Fiscal Year Ended | |||||||||||||||||||||||
January 23, 2016 | July 25, 2015 | July 26, 2014 | July 27, 2013 | July 28, 2012 | July 30, 2011 | |||||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||||||||
Income from continuing operations before cumulative effect of changes in accounting principles | $ | 46,297 | $ | 84,324 | $ | 39,978 | $ | 35,188 | $ | 39,378 | $ | 16,107 | ||||||||||||
Income tax expense | 28,626 | 51,260 | 26,341 | 23,011 | 25,183 | 12,377 | ||||||||||||||||||
Fixed charges included in the determination of net income | 24,535 | 39,970 | 39,528 | 34,774 | 24,001 | 22,185 | ||||||||||||||||||
Total earnings, as defined | $ | 99,458 | $ | 175,554 | $ | 105,847 | $ | 92,973 | $ | 88,562 | $ | 50,669 | ||||||||||||
Fixed charges, as defined: | ||||||||||||||||||||||||
Interest charges | $ | 17,015 | $ | 27,029 | $ | 26,837 | $ | 23,335 | $ | 16,745 | $ | 16,017 | ||||||||||||
Rental interest factor | 7,520 | 12,941 | 12,691 | 11,439 | 7,256 | 6,168 | ||||||||||||||||||
Total fixed charges, as defined | $ | 24,535 | $ | 39,970 | $ | 39,528 | $ | 34,774 | $ | 24,001 | $ | 22,185 | ||||||||||||
Ratio of earnings to fixed charges | 4.1x | 4.4x | 2.7x | 2.7x | 3.7x | 2.3x | ||||||||||||||||||