Attached files
file | filename |
---|---|
EX-32 - EX-32 - Coca-Cola Consolidated, Inc. | coke-ex32_196.htm |
EX-31.2 - EX-31.2 - Coca-Cola Consolidated, Inc. | coke-ex312_194.htm |
EX-31.1 - EX-31.1 - Coca-Cola Consolidated, Inc. | coke-ex311_337.htm |
10-Q - 10-Q - Coca-Cola Consolidated, Inc. | coke-10q_20150927.htm |
Exhibit 12
RATIO OF EARNINGS TO FIXED CHARGES
Coca-Cola Bottling Co. Consolidated
Ratio of Earnings to Fixed Charges
(In Thousands, Except Ratios)
|
|
Third Quarter |
|
|
Nine Months |
|
||||||||||
|
|
2015 |
|
|
2014 |
|
|
2015 |
|
|
2014 |
|
||||
Computation of Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes |
|
$ |
39,658 |
|
|
$ |
21,113 |
|
|
$ |
90,607 |
|
|
$ |
49,927 |
|
Add: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
6,191 |
|
|
|
6,853 |
|
|
|
19,261 |
|
|
|
20,463 |
|
Amortization of debt premium/discount and expenses |
|
|
495 |
|
|
|
480 |
|
|
|
1,491 |
|
|
|
1,438 |
|
Interest portion of rent expense |
|
|
779 |
|
|
|
637 |
|
|
|
2,166 |
|
|
|
1,900 |
|
Earnings as adjusted |
|
$ |
47,123 |
|
|
$ |
29,083 |
|
|
$ |
113,525 |
|
|
$ |
73,728 |
|
Computation of Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
$ |
6,191 |
|
|
$ |
6,853 |
|
|
$ |
19,261 |
|
|
$ |
20,463 |
|
Capitalized interest |
|
|
81 |
|
|
|
22 |
|
|
|
219 |
|
|
|
131 |
|
Amortization of debt premium/discount and expenses |
|
|
495 |
|
|
|
480 |
|
|
|
1,491 |
|
|
|
1,438 |
|
Interest portion of rent expense |
|
|
779 |
|
|
|
637 |
|
|
|
2,166 |
|
|
|
1,900 |
|
Fixed charges |
|
$ |
7,546 |
|
|
$ |
7,992 |
|
|
$ |
23,137 |
|
|
$ |
23,932 |
|
Ratio of Earnings to Fixed Charges |
|
|
6.24 |
|
|
|
3.64 |
|
|
|
4.91 |
|
|
|
3.08 |
|