Attached files
file | filename |
---|---|
EX-31.1 - EXHIBIT 31.1 - MASTEC INC | mtz6301610-qex311.htm |
10-Q - 10-Q - MASTEC INC | mtz6301610-q.htm |
EX-32.2 - EXHIBIT 32.2 - MASTEC INC | mtz6301610-qex322.htm |
EX-32.1 - EXHIBIT 32.1 - MASTEC INC | mtz6301610-qex321.htm |
EX-31.2 - EXHIBIT 31.2 - MASTEC INC | mtz6301610-qex312.htm |
EX-10.1 - EXHIBIT 10.1 - MASTEC INC | mtz6301610-qex101.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
For the Six Months Ended June 30, | |||||||
2016 | 2015 | ||||||
Earnings: | |||||||
Income (loss) before income taxes | $ | 37,071 | $ | (13,116 | ) | ||
Add: Fixed charges | 80,593 | 69,809 | |||||
Less: Undistributed earnings (losses) from equity method investees | 3,555 | (3,223 | ) | ||||
Total earnings | $ | 114,109 | $ | 59,916 | |||
Fixed charges: | |||||||
Interest expense | $ | 25,146 | $ | 24,321 | |||
Estimate of interest expense within rental expense | 55,447 | 45,488 | |||||
Total fixed charges | $ | 80,593 | $ | 69,809 | |||
Ratio of earnings to fixed charges | 1.4 | 0.9 |