Attached files
| file | filename |
|---|---|
| 10-K - 10-K - DYCOM INDUSTRIES INC | dyq4fy201610k.htm |
| EX-32.2 - EXHIBIT 32.2 - DYCOM INDUSTRIES INC | dyq4201610kex322.htm |
| EX-32.1 - EXHIBIT 32.1 - DYCOM INDUSTRIES INC | dyq4201610kex321.htm |
| EX-31.2 - EXHIBIT 31.2 - DYCOM INDUSTRIES INC | dyq4201610kex312.htm |
| EX-31.1 - EXHIBIT 31.1 - DYCOM INDUSTRIES INC | dyq4201610kex311.htm |
| EX-23.2 - EXHIBIT 23.2 - DYCOM INDUSTRIES INC | dyq4201610kex232.htm |
| EX-23.1 - EXHIBIT 23.1 - DYCOM INDUSTRIES INC | dyq4201610kex231.htm |
| EX-21.1 - EXHIBIT 21.1 - DYCOM INDUSTRIES INC | dyq4201610kex211.htm |
Exhibit 12.1
Dycom Industries, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Fiscal Year Ended | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Pre-tax income | $ | 128,740 | $ | 84,324 | $ | 39,978 | $ | 35,188 | $ | 39,378 | |||||||||
Income tax expense | 77,587 | 51,260 | 26,341 | 23,011 | 25,183 | ||||||||||||||
Fixed charges included in the determination of net income | 51,363 | 39,970 | 39,528 | 34,774 | 24,001 | ||||||||||||||
Total earnings, as defined | $ | 257,690 | $ | 175,554 | $ | 105,847 | $ | 92,973 | $ | 88,562 | |||||||||
Interest charges | $ | 34,733 | $ | 27,029 | $ | 26,837 | $ | 23,335 | $ | 16,745 | |||||||||
Rental interest factor | 16,630 | 12,941 | 12,691 | 11,439 | 7,256 | ||||||||||||||
Total fixed charges, as defined | $ | 51,363 | $ | 39,970 | $ | 39,528 | $ | 34,774 | $ | 24,001 | |||||||||
Ratio of earnings to fixed charges | 5.0x | 4.4x | 2.7x | 2.7x | 3.7x | ||||||||||||||