MASTEC INC - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - May 5, 2016

Attached files

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EX-31.1 - EXHIBIT 31.1 - MASTEC INCmtz3311610-qex311.htm
EX-32.2 - EXHIBIT 32.2 - MASTEC INCmtz3311610-qex322.htm
EX-31.2 - EXHIBIT 31.2 - MASTEC INCmtz3311610-qex312.htm
10-Q - 10-Q - MASTEC INCmtz3311610-q.htm
EX-32.1 - EXHIBIT 32.1 - MASTEC INCmtz3311610-qex321.htm


Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
 
For the Three Months Ended March 31,
 
2016
 
2015
Earnings:
 
 
 
Loss before income taxes
$
(4,968
)
 
$
(10,740
)
Add: Fixed charges
36,000

 
32,392

Less: Undistributed earnings (losses) from equity method investees
3,066

 
(585
)
Total earnings
$
27,966

 
$
22,237

Fixed charges:
 
 
 
Interest expense
$
12,324

 
$
11,414

Estimate of interest expense within rental expense
23,676

 
20,978

Total fixed charges
$
36,000

 
$
32,392

Ratio of earnings to fixed charges
0.8

 
0.7




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