Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - TreeHouse Foods, Inc. | ths-ex322_11.htm |
| EX-32.1 - EX-32.1 - TreeHouse Foods, Inc. | ths-ex321_9.htm |
| EX-31.2 - EX-31.2 - TreeHouse Foods, Inc. | ths-ex312_6.htm |
| EX-31.1 - EX-31.1 - TreeHouse Foods, Inc. | ths-ex311_7.htm |
| EX-18.1 - EX-18.1 - TreeHouse Foods, Inc. | ths-ex181_228.htm |
| EX-15.1 - EX-15.1 - TreeHouse Foods, Inc. | ths-ex151_10.htm |
| 10-Q - 10-Q - TreeHouse Foods, Inc. | ths-10q_20180331.htm |
Exhibit 12.1
TreeHouse Foods, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
|
|
|
Three Months Ended |
|
|
Year Ended |
|
||
|
|
|
March 31, 2018 |
|
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December 31, 2017 |
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||
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Earnings: |
|
|
|
|
|
|
|
|
|
Loss before income taxes |
|
$ |
(43.9 |
) |
|
$ |
(524.6 |
) |
|
Add (deduct): |
|
|
|
|
|
|
|
|
|
Fixed charges |
|
|
41.7 |
|
|
|
175.1 |
|
|
Capitalization of interest, net of amortization |
|
|
(0.3 |
) |
|
|
0.1 |
|
|
Earnings available for fixed charges (a) |
|
$ |
(2.5 |
) |
|
$ |
(349.4 |
) |
|
Fixed charges: |
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|
|
|
|
|
|
|
|
Interest expense |
|
$ |
28.5 |
|
|
$ |
126.8 |
|
|
Capitalized interest and tax interest |
|
|
0.8 |
|
|
|
2.9 |
|
|
One third of rental expense (1) |
|
|
12.4 |
|
|
|
45.4 |
|
|
Total fixed charges (b) |
|
$ |
41.7 |
|
|
$ |
175.1 |
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges (a/b) (2) |
|
|
(0.06 |
) |
|
|
(2.00 |
) |
|
(1) |
Considered to be representative of interest factor in rental expense. |
|
(2) |
The Company incurred a loss before income taxes for the quarter ended March 31, 2018 and for the year ended December 31, 2017. As a result, our earnings were insufficient to cover our fixed charges by approximately $44.2 million and $524.5 million, respectively. |