EAGLE MATERIALS INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - May 26, 2011

Attached files

file	filename
10-K - FORM 10-K - EAGLE MATERIALS INC	d10k.htm
EX-21 - SUBSIDIARIES OF THE COMPANY - EAGLE MATERIALS INC	dex21.htm
EX-31.2 - CERTIFICATION OF CFO PURSUANT TO RULES 13A-14 AND 15D-14 - EAGLE MATERIALS INC	dex312.htm
EX-31.1 - CERTIFICATION OF CEO PURSUANT TO RULES 13A-14 AND 15D-14 - EAGLE MATERIALS INC	dex311.htm
EX-32.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 906 - EAGLE MATERIALS INC	dex321.htm
EX-99.1 - MINE SAFETY DISCLOSURES - EAGLE MATERIALS INC	dex991.htm
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - EAGLE MATERIALS INC	dex231.htm
EX-32.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 906 - EAGLE MATERIALS INC	dex322.htm
EXCEL - IDEA: XBRL DOCUMENT - EAGLE MATERIALS INC	Financial_Report.xls

Exhibit 12.1


		Fiscal Year Ended March 31,
		2011				2010				2009				2008				2007
Earnings ⁽¹⁾:
Earnings before income taxes			16,762				39,297				62,183				144,384				304,288
Add: Fixed charges			18,291				18,480				24,714				20,866				12,050
Add: Amortization of capitalized interest and FIN 48 Interest			(932	)			3,857				5,358				6,597				30
Add: Cash distributions from equity method investments			24,500				29,750				33,000				37,750				29,000
Subtract: Income from equity method investments			(24,233	)			(24,157	)			(32,426	)			(33,982	)			(32,765	)

Total Earnings			34,388				67,227				92,829				175,615				312,603

Fixed Charges ⁽²⁾:
Interest expense			17,995				18,180				24,433				20,530				11,709
Interest component of rent expense			296				300				281				336				341

Total Fixed Charges			18,291				18,480				24,714				20,866				12,050

Ratio of Earnings to Fixed Charges			1.9x				3.6x				3.8x				8.4x				25.9x

(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.

(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.