SERVICE CORP INTERNATIONAL - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - October 27, 2016

Attached files

file filename
10-Q - 10-Q - SERVICE CORP INTERNATIONALsci-2016930x10q.htm
EX-32.2 - EXHIBIT 32.2 - SERVICE CORP INTERNATIONALsci-2016930xex322.htm
EX-32.1 - EXHIBIT 32.1 - SERVICE CORP INTERNATIONALsci-2016930xex321.htm
EX-31.2 - EXHIBIT 31.2 - SERVICE CORP INTERNATIONALsci-2016930xex312.htm
EX-31.1 - EXHIBIT 31.1 - SERVICE CORP INTERNATIONALsci-2016930xex311.htm


Exhibit 12.1

SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)

 
Three months ended September 30,
 
Nine months ended September 30,
 
2016
 
2015
 
2016
 
2015
Earnings:
 
 
 
 
 
 
 
Pretax income
$
74,963

 
74,045

 
$
187,370

 
$
256,652

Add fixed charges as adjusted (from below)
41,645

 
46,415

 
128,836

 
137,123

 
$
116,608

 
$
120,460

 
$
316,206

 
$
393,775

Fixed charges:
 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
 
Corporate
$
38,106

 
$
41,565

 
$
117,581

 
$
122,621

Amortization of deferred financing costs
1,402

 
2,356

 
4,407

 
7,221

Portion of rent representative of interest
2,137

 
2,494

 
6,848

 
7,281

Fixed charges
$
41,645

 
$
46,415

 
$
128,836

 
$
137,123

Ratio (earnings divided by fixed charges)
2.80

 
2.60

 
2.45

 
2.87






SERVICE CORP INTERNATIONAL Reports