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EX-10.38 - EX-10.38 - JARDEN CORPd821249dex1038.htm
EXCEL - IDEA: XBRL DOCUMENT - JARDEN CORPFinancial_Report.xls
EX-21.1 - EX-21.1 - JARDEN CORPd821249dex211.htm
EX-31.2 - EX-31.2 - JARDEN CORPd821249dex312.htm
EX-31.1 - EX-31.1 - JARDEN CORPd821249dex311.htm
EX-32.1 - EX-32.1 - JARDEN CORPd821249dex321.htm
EX-23.1 - EX-23.1 - JARDEN CORPd821249dex231.htm
10-K - FORM 10-K - JARDEN CORPd821249d10k.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 Company’s registered debt securities nor its senior secured credit facility contains a ratio of earnings-to-fixed-charges covenant.