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EX-23 - EX-23 - Coca-Cola Consolidated, Inc.d839674dex23.htm
EX-21 - EX-21 - Coca-Cola Consolidated, Inc.d839674dex21.htm
EX-32 - EX-32 - Coca-Cola Consolidated, Inc.d839674dex32.htm
EX-31.1 - EX-31.1 - Coca-Cola Consolidated, Inc.d839674dex311.htm
EX-31.2 - EX-31.2 - Coca-Cola Consolidated, Inc.d839674dex312.htm
EX-10.41 - EX-10.41 - Coca-Cola Consolidated, Inc.d839674dex1041.htm
EXCEL - IDEA: XBRL DOCUMENT - Coca-Cola Consolidated, Inc.Financial_Report.xls
10-K - 10-K - Coca-Cola Consolidated, Inc.d839674d10k.htm

Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Coca-Cola Bottling Co. Consolidated

Ratio of Earnings to Fixed Charges

(In Thousands, Except Ratios)

 

     Fiscal Year  
     2014      2013      2012  

Computation of Earnings:

        

Income before income taxes

   $ 55,618       $ 44,244       $ 53,348   

Add:

        

Interest expense

     27,337         27,474         33,104   

Amortization of debt premium/discount and expenses

     1,938         1,933         2,242   

Interest portion of rent expense

     2,523         2,380         1,975   
  

 

 

    

 

 

    

 

 

 

Earnings as adjusted

   $ 87,416       $ 76,031       $ 90,669   
  

 

 

    

 

 

    

 

 

 

Computation of Fixed Charges:

        

Interest expense

   $ 27,337       $ 27,474       $ 33,104   

Capitalized interest

     173         177         111   

Amortization of debt premium/discount and expenses

     1,938         1,933         2,242   

Interest portion of rent expense

     2,523         2,380         1,975   
  

 

 

    

 

 

    

 

 

 

Fixed charges

   $ 31,971       $ 31,964       $ 37,432   
  

 

 

    

 

 

    

 

 

 

Ratio of Earnings to Fixed Charges

     2.73         2.38         2.42