Attached files
file | filename |
---|---|
EX-10.38 - EX-10.38 - JARDEN CORP | d821249dex1038.htm |
EXCEL - IDEA: XBRL DOCUMENT - JARDEN CORP | Financial_Report.xls |
EX-21.1 - EX-21.1 - JARDEN CORP | d821249dex211.htm |
EX-31.2 - EX-31.2 - JARDEN CORP | d821249dex312.htm |
EX-31.1 - EX-31.1 - JARDEN CORP | d821249dex311.htm |
EX-32.1 - EX-32.1 - JARDEN CORP | d821249dex321.htm |
EX-23.1 - EX-23.1 - JARDEN CORP | d821249dex231.htm |
10-K - FORM 10-K - JARDEN CORP | d821249d10k.htm |
EXHIBIT 12.1
Jarden Corporation
Ratio of Earnings to Fixed Charges Calculation (A)
For the Years Ended December 31, | ||||||||||||||||||||
(in millions) |
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Earnings Before Fixed Charges: |
||||||||||||||||||||
Net income |
$ | 242.5 | $ | 203.9 | $ | 243.9 | $ | 204.7 | $ | 106.7 | ||||||||||
Add: Income tax provision |
130.3 | 147.7 | 147.6 | 125.7 | 122.8 | |||||||||||||||
Less/add: Equity (income) loss of minority-owned companies |
2.6 | (0.3 | ) | (0.9 | ) | 0.5 | (1.3 | ) | ||||||||||||
Add: Amortization of capitalized interest |
| | | 0.2 | 0.1 | |||||||||||||||
Add: Fixed charges |
260.6 | 236.6 | 219.6 | 216.2 | 209.9 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total earnings available for fixed charges |
$ | 636.0 | $ | 587.9 | $ | 610.2 | $ | 547.3 | 438.2 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Fixed Charges: |
||||||||||||||||||||
Net interest expense |
$ | 210.3 | $ | 195.4 | $ | 185.3 | $ | 179.7 | 177.8 | |||||||||||
Interest component of rental expense |
50.0 | 39.9 | 34.3 | 36.5 | 32.0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total fixed charges before capitalized interest |
260.3 | 235.3 | 219.6 | 216.2 | 209.8 | |||||||||||||||
Capitalized interest |
0.3 | 1.3 | | | 0.1 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total fixed charges |
$ | 260.6 | $ | 236.6 | $ | 219.6 | $ | 216.2 | 209.9 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Ratio of Earnings to Fixed Charges |
2.4 | 2.5 | 2.8 | 2.5 | 2.1 |
(A) | This Exhibit is provided as required by Item 503(d) of Regulation S-K solely because the Company has outstanding debt securities registered under the Securities Act of 1933, as amended. Neither the Companys registered debt securities nor its senior secured credit facility contains a ratio of earnings-to-fixed-charges covenant. |