Attached files
| file | filename |
|---|---|
| 8-K - 8-K - VALMONT INDUSTRIES INC | a11-14278_18k.htm |
Exhibit 12.1
Valmont Industries, Inc.
Computation of Ratios of Earnings to Fixed Charges
(dollars in thousands)
|
|
|
Three months |
|
Three months |
|
Fiscal year |
|
Fiscal year |
|
Fiscal year |
|
Fiscal year |
|
Fiscal year |
|
|
|
|
ended |
|
ended |
|
ended |
|
ended |
|
ended |
|
ended |
|
ended |
|
|
|
|
March 26, |
|
March 27, |
|
December 25, |
|
December 26, |
|
December |
|
December |
|
December |
|
|
|
|
2011 |
|
2010 |
|
2010 |
|
2009 |
|
27, 2008 |
|
29, 2007 |
|
30, 2006 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
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|
Fixed charges, as defined |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Expense |
|
8,271 |
|
5,962 |
|
30,947 |
|
15,760 |
|
18,267 |
|
17,726 |
|
17,124 |
|
|
Capitalized interest |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
Interest component of non-cancelable lease rent |
|
2,003 |
|
1,364 |
|
6,911 |
|
5,431 |
|
4,927 |
|
3,782 |
|
3,510 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total fixed charges (A) |
|
10,274 |
|
7,326 |
|
37,858 |
|
21,191 |
|
23,194 |
|
21,508 |
|
20,634 |
|
|
|
|
|
|
|
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|
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|
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|
Earnings, as defined: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries |
|
39,207 |
|
25,967 |
|
152,982 |
|
226,084 |
|
205,519 |
|
140,169 |
|
96,319 |
|
|
Fixed Charges - from above |
|
10,274 |
|
7,326 |
|
37,858 |
|
21,191 |
|
23,194 |
|
21,508 |
|
20,634 |
|
|
Total earnings and fixed charges (B) |
|
49,481 |
|
33,293 |
|
190,840 |
|
247,275 |
|
228,713 |
|
161,677 |
|
116,953 |
|
|
|
|
|
|
|
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|
Ratio of earnings to fixed charges (B/A) |
|
4.82 |
|
4.54 |
|
5.04 |
|
11.67 |
|
9.86 |
|
7.52 |
|
5.67 |
|