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EX-32.1 - EXHIBIT 32.1 - Booking Holdings Inc.pcln63015ex321.htm
EX-31.1 - EXHIBIT 31.1 - Booking Holdings Inc.pcln63015ex311.htm
EX-32.2 - EXHIBIT 32.2 - Booking Holdings Inc.pcln63015ex322.htm
EX-31.2 - EXHIBIT 31.2 - Booking Holdings Inc.pcln63015ex312.htm
10-Q - 10-Q - Booking Holdings Inc.pcln6301510q.htm


Exhibit 12.1
 
The Priceline Group Inc.
Ratio of Earnings to Fixed Charges
(In thousands, except ratio data)

 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2015
 
2014
 
2015
 
2014
Earnings Computation:
 
 
 
 
 
 
 
 
Earnings before income taxes
 
$
648,377

 
$
715,765

 
$
1,055,620

 
$
1,131,818

Fixed charges
 
48,868

 
22,956

 
89,085

 
46,085

Total earnings as adjusted
 
$
697,245

 
$
738,721

 
$
1,144,705

 
$
1,177,903

 
 
 
 
 
 
 
 
 
Fixed Charges Computation
 
 
 
 
 
 
 
 
Interest Expense
 
$
41,547

 
$
17,106

 
$
75,026

 
$
34,851

Assumed interest element included in rent expense
 
7,321

 
5,850

 
14,059

 
11,234

Total fixed charges
 
$
48,868

 
$
22,956

 
$
89,085

 
$
46,085

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
14.3

 
32.2

 
12.8

 
25.6