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10-Q - 10-Q - Booking Holdings Inc.pcln6301610q.htm
EX-32.2 - EXHIBIT 32.2 - Booking Holdings Inc.pcln63016ex322.htm
EX-32.1 - EXHIBIT 32.1 - Booking Holdings Inc.pcln63016ex321.htm
EX-31.2 - EXHIBIT 31.2 - Booking Holdings Inc.pcln63016ex312.htm
EX-31.1 - EXHIBIT 31.1 - Booking Holdings Inc.pcln63016ex311.htm


Exhibit 12.1
 
The Priceline Group Inc.
Ratio of Earnings to Fixed Charges
(In thousands, except ratio data)

 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2016
 
2015
 
2016
 
2015
Earnings Computation:
 
 
 
 
 
 
 
 
Earnings before income taxes
 
$
692,548

 
$
648,377

 
$
1,153,041

 
$
1,055,620

Fixed charges
 
59,227

 
48,868

 
114,527

 
89,085

Total earnings as adjusted
 
$
751,775

 
$
697,245

 
$
1,267,568

 
$
1,144,705

 
 
 
 
 
 
 
 
 
Fixed Charges Computation:
 
 
 
 
 
 
 
 
Interest Expense
 
$
50,290

 
$
41,547

 
$
97,184

 
$
75,026

Assumed interest element included in rent expense
 
8,937

 
7,321

 
17,343

 
14,059

Total fixed charges
 
$
59,227

 
$
48,868

 
$
114,527

 
$
89,085

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
12.7

 
14.3

 
11.1

 
12.8