Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - MASTEC INC | mtz6301710-q.htm |
| EX-32.2 - EXHIBIT 32.2 - MASTEC INC | mtz6301710-qex322.htm |
| EX-32.1 - EXHIBIT 32.1 - MASTEC INC | mtz6301710-qex321.htm |
| EX-31.2 - EXHIBIT 31.2 - MASTEC INC | mtz6301710-qex312.htm |
| EX-31.1 - EXHIBIT 31.1 - MASTEC INC | mtz6301710-qex311.htm |
| EX-4.1 - EXHIBIT 4.1 - MASTEC INC | mtz6300710-qex41.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
For the Six Months Ended June 30, | |||||||
2017 | 2016 | ||||||
Earnings: | |||||||
Income before income taxes | $ | 206,751 | $ | 37,071 | |||
Add: Fixed charges | 107,767 | 80,593 | |||||
Less: Undistributed earnings from equity method investees | 7,706 | 3,555 | |||||
Total earnings | $ | 306,812 | $ | 114,109 | |||
Fixed charges: | |||||||
Interest expense | $ | 27,556 | $ | 25,146 | |||
Estimate of interest expense within rental expense | 80,211 | 55,447 | |||||
Total fixed charges | $ | 107,767 | $ | 80,593 | |||
Ratio of earnings to fixed charges | 2.8 | 1.4 | |||||