Attached files
file | filename |
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10-Q - 10-Q - RYDER SYSTEM INC | ryder1stquarter201510-q.htm |
EX-32.1 - EXHIBIT - RYDER SYSTEM INC | ryderex32-q12015.htm |
EX-31.2 - EXHIBIT - RYDER SYSTEM INC | ryderex312-q12015.htm |
EXCEL - IDEA: XBRL DOCUMENT - RYDER SYSTEM INC | Financial_Report.xls |
EX-31.1 - EXHIBIT - RYDER SYSTEM INC | ryderex311-q12015.htm |
EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries | |||||||||
Ratio of Earnings to Fixed Charges | |||||||||
Continuing Operations | |||||||||
(Dollars in thousands) | |||||||||
For the Three | |||||||||
Months Ended | |||||||||
March 31, 2015 | |||||||||
EARNINGS: | |||||||||
Earnings before income taxes | $ | 84,378 | |||||||
Fixed charges | 48,411 | ||||||||
Add: Amortization of capitalized interest | 140 | ||||||||
Less: Interest capitalized | — | ||||||||
Earnings available for fixed charges (A) | $ | 132,929 | |||||||
FIXED CHARGES: | |||||||||
Interest and other financial charges | $ | 35,895 | |||||||
Costs associated with sale of receivables | — | ||||||||
Portion of rents representing interest expense | 12,516 | ||||||||
Total fixed charges (B) | $ | 48,411 | |||||||
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B) | 2.75x | ||||||||