Attached files
| file | filename |
|---|---|
| 10-K - 10-K - JARDEN CORP | d12340d10k.htm |
| EX-31.1 - EX-31.1 - JARDEN CORP | d12340dex311.htm |
| EX-23.1 - EX-23.1 - JARDEN CORP | d12340dex231.htm |
| EX-32.1 - EX-32.1 - JARDEN CORP | d12340dex321.htm |
| EX-21.1 - EX-21.1 - JARDEN CORP | d12340dex211.htm |
| EX-31.2 - EX-31.2 - JARDEN CORP | d12340dex312.htm |
EXHIBIT 12.1
Jarden Corporation
Ratio of Earnings to Fixed Charges Calculation (A)
| For the Years Ended December 31, | ||||||||||||||||||||
| (in millions) |
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
| Earnings Before Fixed Charges: |
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| Net income |
$ | 146.5 | $ | 242.5 | $ | 203.9 | $ | 243.9 | $ | 204.7 | ||||||||||
| Add: Income tax provision |
135.1 | 130.3 | 147.7 | 147.6 | 125.7 | |||||||||||||||
| Less/add: Equity (income) loss of minority-owned companies |
(1.9 | ) | 2.6 | (0.3 | ) | (0.9 | ) | 0.5 | ||||||||||||
| Add: Amortization of capitalized interest |
0.1 | — | — | — | 0.2 | |||||||||||||||
| Add: Fixed charges |
276.2 | 260.6 | 236.6 | 219.6 | 216.2 | |||||||||||||||
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| Total earnings available for fixed charges |
$ | 556.0 | $ | 636.0 | $ | 587.9 | $ | 610.2 | 547.3 | |||||||||||
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| Fixed Charges: |
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| Net interest expense |
$ | 226.1 | $ | 210.3 | $ | 195.4 | $ | 185.3 | 179.7 | |||||||||||
| Interest component of rental expense |
50.1 | 50.0 | 39.9 | 34.3 | 36.5 | |||||||||||||||
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| Total fixed charges before capitalized interest |
276.2 | 260.3 | 235.3 | 219.6 | 216.2 | |||||||||||||||
| Capitalized interest |
— | 0.3 | 1.3 | — | — | |||||||||||||||
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| Total fixed charges |
$ | 276.2 | $ | 260.6 | $ | 236.6 | $ | 219.6 | 216.2 | |||||||||||
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| Ratio of Earnings to Fixed Charges |
2.0 | 2.4 | 2.5 | 2.8 | 2.5 | |||||||||||||||
| (A) – | This Exhibit is provided as required by Item 503(d) of Regulation S-K solely because the Company has outstanding debt securities registered under the Securities Act of 1933, as amended. Neither the Company’s registered debt securities nor its senior secured credit facility contains a ratio of earnings-to-fixed-charges covenant. |