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10-Q - 10-Q - Booking Holdings Inc.pcln9301510q.htm
EX-31.2 - EXHIBIT 31.2 - Booking Holdings Inc.pcln93015ex312.htm
EX-32.2 - EXHIBIT 32.2 - Booking Holdings Inc.pcln93015ex322.htm
EX-31.1 - EXHIBIT 31.1 - Booking Holdings Inc.pcln93015ex311.htm
EX-32.1 - EXHIBIT 32.1 - Booking Holdings Inc.pcln93015ex321.htm


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

 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2015
 
2014
 
2015
 
2014
Earnings Computation:
 
 
 
 
 
 
 
 
Earnings before income taxes
 
$
1,456,170

 
$
1,305,589

 
$
2,511,790

 
$
2,437,407

Fixed charges
 
49,142

 
29,284

 
138,228

 
75,369

Total earnings as adjusted
 
$
1,505,312

 
$
1,334,873

 
$
2,650,018

 
$
2,512,776

 
 
 
 
 
 
 
 
 
Fixed Charges Computation:
 
 
 
 
 
 
 
 
Interest Expense
 
$
41,436

 
$
22,953

 
$
116,462

 
$
57,804

Assumed interest element included in rent expense
 
7,706

 
6,331

 
21,765

 
17,565

Total fixed charges
 
$
49,142

 
$
29,284

 
$
138,227

 
$
75,369

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
30.6

 
45.6

 
19.2

 
33.3