Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - CDK Global, Inc. | q4fy15exhibit322.htm |
| EX-21.1 - EXHIBIT 21.1 - CDK Global, Inc. | q4fy15exhibit211.htm |
| EX-31.1 - EXHIBIT 31.1 - CDK Global, Inc. | q4fy15exhibit311.htm |
| EX-31.2 - EXHIBIT 31.2 - CDK Global, Inc. | q4fy15exhibit312.htm |
| EX-32.1 - EXHIBIT 32.1 - CDK Global, Inc. | q4fy15exhibit321.htm |
| EX-23.1 - EXHIBIT 23.1 - CDK Global, Inc. | q4fy15exhibit231.htm |
| 10-K - CDK_Q4FY15 10-K - CDK Global, Inc. | cdk_q4fy1510-k.htm |
Exhibit 12.1
CDK Global, Inc.
Computation of Ratio of Earnings to Fixed Charges
(dollars in millions)
Years Ended June 30, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Earnings before income taxes | $ | 299.9 | $ | 353.3 | $ | 320.7 | $ | 256.4 | $ | 228.4 | |||||||||
Less: (income) loss from equity investees | (3.1 | ) | (0.6 | ) | 0.6 | 2.4 | 3.1 | ||||||||||||
Add: fixed charges | 43.7 | 12.3 | 10.0 | 9.5 | 8.1 | ||||||||||||||
Earnings before income taxes and fixed charges | $ | 340.5 | $ | 365.0 | $ | 331.3 | $ | 268.3 | $ | 239.6 | |||||||||
Interest expense | $ | 28.8 | $ | 1.0 | $ | 0.9 | $ | 1.0 | $ | 0.9 | |||||||||
Interest component of rental expense(1) | 14.9 | 11.3 | 9.1 | 8.5 | 7.2 | ||||||||||||||
Fixed charges | $ | 43.7 | $ | 12.3 | $ | 10.0 | $ | 9.5 | $ | 8.1 | |||||||||
Ratio of earnings to fixed charges | 7.79 | 29.67 | 33.13 | 28.24 | 29.58 | ||||||||||||||
(1) The interest component of rental expense is estimated to be one-third of rental expense.