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EXCEL - IDEA: XBRL DOCUMENT - TreeHouse Foods, Inc.Financial_Report.xls
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EX-31.2 - EX-31.2 - TreeHouse Foods, Inc.d779799dex312.htm
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EX-15.1 - EX-15.1 - TreeHouse Foods, Inc.d779799dex151.htm

Exhibit 12.1

TreeHouse Foods, Inc.

Computation of Ratio of Earnings to Fixed Charges

(Dollars in thousands)

 

     Nine Months Ended     Year Ended  
     September 30, 2014     December 31, 2013  

Earnings:

    

Income before income taxes

   $ 84,578      $ 124,910   

Add (deduct):

    

Fixed charges

     44,879        66,913   

Capitalized interest, net of amortization

     (86     389   

Other

     —          231   
  

 

 

   

 

 

 

Earnings available for fixed charges (a)

   $ 129,371      $ 192,443   
  

 

 

   

 

 

 

Fixed charges:

    

Interest expense

   $ 29,976      $ 49,304   

Capitalized interest and tax interest

     100        57   

One third of rental expense (1)

     14,803        17,552   
  

 

 

   

 

 

 

Total fixed charges (b)

   $ 44,879      $ 66,913   
  

 

 

   

 

 

 
    
  

 

 

   

 

 

 

Ratio of earnings to fixed charges (a/b)

     2.88        2.88   
  

 

 

   

 

 

 

 

(1)  Considered to be representative of interest factor in rental expense.