Attached files
file | filename |
---|---|
10-Q - 10-Q - RYDER SYSTEM INC | ryder1stquarter201610-q.htm |
EX-32 - EXHIBIT 32 - RYDER SYSTEM INC | ryderex32-q12016.htm |
EX-31.2 - EXHIBIT 31.2 - RYDER SYSTEM INC | ryderex312-q12016.htm |
EX-31.1 - EXHIBIT 31.1 - RYDER SYSTEM INC | ryderex311-q12016.htm |
EX-10.1(E) - EXHIBIT 10.1(E) - RYDER SYSTEM INC | ryderex101e-q12016.htm |
EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries | |||||||||
Ratio of Earnings to Fixed Charges | |||||||||
Continuing Operations | |||||||||
(Dollars in thousands) | |||||||||
For the Three Months Ended March 31, 2016 | |||||||||
EARNINGS: | |||||||||
Earnings before income taxes | $ | 88,708 | |||||||
Fixed charges | 48,793 | ||||||||
Add: Amortization of capitalized interest | 148 | ||||||||
Less: Interest capitalized | — | ||||||||
Earnings available for fixed charges (A) | $ | 137,649 | |||||||
FIXED CHARGES: | |||||||||
Interest and other financial charges | $ | 37,964 | |||||||
Portion of rents representing interest expense | 10,829 | ||||||||
Total fixed charges (B) | $ | 48,793 | |||||||
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B) | 2.82x | ||||||||