Attached files
| file | filename |
|---|---|
| EX-32.B - EXHIBIT 32.B - COMMERCIAL METALS Co | cmc-8312016xex32b.htm |
| 10-K - 10-K - COMMERCIAL METALS Co | cmc-8312016x10k.htm |
| EX-32.A - EXHIBIT 32.A - COMMERCIAL METALS Co | cmc-8312016xex32a.htm |
| EX-31.B - EXHIBIT 31.B - COMMERCIAL METALS Co | cmc-8312016xex31b.htm |
| EX-31.A - EXHIBIT 31.A - COMMERCIAL METALS Co | cmc-8312016xex31a.htm |
| EX-23 - EXHIBIT 23 - COMMERCIAL METALS Co | cmc-8312016xex23.htm |
| EX-21 - EXHIBIT 21 - COMMERCIAL METALS Co | cmc-8312016xex21.htm |
| EX-10.III.I - EXHIBIT 10.III.I - COMMERCIAL METALS Co | cmc-8312016xex10iiii.htm |
| EX-10.III.G - EXHIBIT 10.III.G - COMMERCIAL METALS Co | cmc-8312016xex10iiig.htm |
EXHIBIT 12
COMMERCIAL METALS COMPANY AND SUBSIDIARIES CONSOLIDATED
RATIO OF EARNINGS TO FIXED CHARGES
(dollars in thousands, except ratios)
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings (loss) from continuing operations before taxes | $ | 85,190 | $ | 145,975 | $ | 164,957 | $ | 109,429 | $ | 126,010 | ||||||||||
Less: Net earnings (loss) attributable to noncontrolling interests | — | — | 1 | 4 | 6 | |||||||||||||||
Capitalized interest amortization | 2,043 | 1,191 | 1,371 | 2,305 | 2,341 | |||||||||||||||
Fixed charges | 78,932 | 93,024 | 90,242 | 80,779 | 81,034 | |||||||||||||||
Less: Capitalized interest | (3,581 | ) | (810 | ) | (563 | ) | (1,004 | ) | (1,339 | ) | ||||||||||
Total | $ | 162,584 | $ | 239,380 | $ | 256,006 | $ | 191,505 | $ | 208,040 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 65,812 | $ | 78,570 | $ | 77,600 | $ | 69,443 | $ | 70,009 | ||||||||||
Portion of rental expense representative of interest factor | 13,120 | 14,454 | 12,642 | 11,336 | 11,025 | |||||||||||||||
Total fixed charges | $ | 78,932 | $ | 93,024 | $ | 90,242 | $ | 80,779 | $ | 81,034 | ||||||||||
Ratio of earnings to fixed charges | 2.06 | 2.57 | 2.84 | 2.37 | 2.57 | |||||||||||||||