Attached files
| file | filename |
|---|---|
| EX-95 - EX-95 - EAGLE MATERIALS INC | exp-ex95_177.htm |
| EX-32.2 - EX-32.2 - EAGLE MATERIALS INC | exp-ex322_12.htm |
| EX-32.1 - EX-32.1 - EAGLE MATERIALS INC | exp-ex321_9.htm |
| EX-31.2 - EX-31.2 - EAGLE MATERIALS INC | exp-ex312_7.htm |
| EX-31.1 - EX-31.1 - EAGLE MATERIALS INC | exp-ex311_10.htm |
| 10-Q - 10-Q - EAGLE MATERIALS INC | exp-10q_20171231.htm |
EXHIBIT 12.1
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Nine Months |
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Ended December 31, |
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Fiscal Year Ended March 31, |
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2017 |
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2017 |
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2016 |
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2015 |
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2014 |
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Earnings: (1) |
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Earnings before income taxes |
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223,237 |
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294,519 |
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219,252 |
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252,927 |
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181,804 |
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Add: Fixed charges |
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23,143 |
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24,697 |
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18,539 |
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16,631 |
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18,171 |
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Add: Amortization of capitalized interest and FIN 48 Interest |
402 |
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536 |
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536 |
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(3,311) |
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945 |
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Add: Cash distributions from equity method investments |
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26,500 |
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43,250 |
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37,250 |
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40,375 |
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37,750 |
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Subtract: Income from equity method investments |
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(33,203) |
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(42,386 |
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(39,083 |
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(44,967 |
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(37,811 |
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Total Earnings |
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240,079 |
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320,616 |
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236,494 |
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261,655 |
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201,091 |
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Fixed Charges: (2) |
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Interest expense |
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21,592 |
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22,631 |
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16,583 |
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15,590 |
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17,646 |
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Interest component of rent expense |
1,551 |
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2,066 |
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1,959 |
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1,041 |
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525 |
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Total Fixed Charges |
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23,143 |
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24,697 |
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18,539 |
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16,631 |
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18,171 |
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Ratio of Earnings to Fixed Charges |
10.4x |
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13.0x |
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12.8x |
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15.7x |
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11.1x |
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(1) |
Earnings represent earnings before income taxes and before income from equity method investments plus: (a) fixed charges; and (b) cash distributions from equity method investments. |
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(2) |
Fixed charges include: (a) interest expense, whether expensed or capitalized, less interest accrued for uncertain tax positions; and (b) the portion of operating rental expense which management believes is representative of the interest component of rent expense. |
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