Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - TreeHouse Foods, Inc. | thsq32018ex322.htm |
EX-32.1 - EXHIBIT 32.1 - TreeHouse Foods, Inc. | thsq32018ex321.htm |
EX-31.2 - EXHIBIT 31.2 - TreeHouse Foods, Inc. | thsq32018ex312.htm |
EX-31.1 - EXHIBIT 31.1 - TreeHouse Foods, Inc. | thsq32018ex311.htm |
EX-15.1 - EXHIBIT 15.1 - TreeHouse Foods, Inc. | thsq32018ex151.htm |
10-Q - 10-Q - TreeHouse Foods, Inc. | thsq3201810q.htm |
Exhibit 12.1
TreeHouse Foods, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
Nine Months Ended September 30, 2018 | Year Ended December 31, 2017 | |||||||
Earnings: | ||||||||
(Loss) income before income taxes | $ | (69.9 | ) | $ | (524.6 | ) | ||
Add (deduct): | ||||||||
Fixed charges | 126.6 | 175.1 | ||||||
Capitalization of interest, net of amortization | (0.9 | ) | 0.1 | |||||
Earnings available for fixed charges (a) | $ | 55.8 | $ | (349.4 | ) | |||
Fixed charges: | ||||||||
Interest expense | $ | 87.6 | $ | 126.8 | ||||
Capitalized interest and tax interest | 0.7 | 2.9 | ||||||
One third of rental expense (1) | 38.3 | 45.4 | ||||||
Total fixed charges (b) | $ | 126.6 | $ | 175.1 | ||||
Ratio of earnings to fixed charges (a/b) (2) | 0.44 | (2.00 | ) | |||||
(1) Considered to be representative of interest factor in rental expense.
(2) The Company incurred a loss before income taxes for the nine months ended September 30, 2018 and for the year
ended December 31, 2017. As a result, our earnings were insufficient to cover our fixed charges by approximately
$70.8 million and $524.5 million, respectively.