Attached files
| file | filename |
|---|---|
| EX-95 - EX-95 - EAGLE MATERIALS INC | exp-ex95_263.htm |
| EX-32.2 - EX-32.2 - EAGLE MATERIALS INC | exp-ex322_11.htm |
| EX-32.1 - EX-32.1 - EAGLE MATERIALS INC | exp-ex321_7.htm |
| EX-31.2 - EX-31.2 - EAGLE MATERIALS INC | exp-ex312_15.htm |
| EX-31.1 - EX-31.1 - EAGLE MATERIALS INC | exp-ex311_12.htm |
| EX-10.3 - EX-10.3 - EAGLE MATERIALS INC | exp-ex103_260.htm |
| EX-10.2 - EX-10.2 - EAGLE MATERIALS INC | exp-ex102_261.htm |
| EX-10.1 - EX-10.1 - EAGLE MATERIALS INC | exp-ex101_262.htm |
| 10-Q - 10-Q - EAGLE MATERIALS INC | exp-10q_20180930.htm |
EXHIBIT 12.1
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Six Months |
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Ended September 30, |
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Fiscal Year Ended March 31, |
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2018 |
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2018 |
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2017 |
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2016 |
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2015 |
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Earnings: (1) |
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Earnings before income taxes |
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176,814 |
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271,962 |
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294,519 |
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219,252 |
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252,927 |
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Add: Fixed charges |
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15,123 |
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30,986 |
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24,697 |
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18,539 |
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16,631 |
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Add: Amortization of capitalized interest and FIN 48 Interest |
268 |
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536 |
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536 |
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536 |
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(3,311 |
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Add: Cash distributions from equity method investments |
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19,500 |
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31,500 |
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43,250 |
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37,250 |
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40,375 |
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Subtract: Income from equity method investments |
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(19,425 |
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(43,419 |
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(42,386 |
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(39,083 |
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(44,967 |
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Total Earnings |
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192,280 |
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291,565 |
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320,616 |
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236,494 |
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261,655 |
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Fixed Charges: (2) |
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Interest expense |
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13,449 |
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27,638 |
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22,631 |
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16,583 |
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15,590 |
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Interest component of rent expense |
1,674 |
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3,348 |
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2,066 |
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1,959 |
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1,041 |
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Total Fixed Charges |
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15,123 |
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30,986 |
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24,697 |
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18,539 |
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16,631 |
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Ratio of Earnings to Fixed Charges |
12.7x |
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10.3x |
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13.0x |
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12.8x |
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15.7x |
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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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