Attached files
file | filename |
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EX-32.1 - EX-32.1 - TreeHouse Foods, Inc. | d165585dex321.htm |
EX-32.2 - EX-32.2 - TreeHouse Foods, Inc. | d165585dex322.htm |
EX-4.3 - EX-4.3 - TreeHouse Foods, Inc. | d165585dex43.htm |
EX-31.2 - EX-31.2 - TreeHouse Foods, Inc. | d165585dex312.htm |
EX-31.1 - EX-31.1 - TreeHouse Foods, Inc. | d165585dex311.htm |
EX-15.1 - EX-15.1 - TreeHouse Foods, Inc. | d165585dex151.htm |
10-Q - FORM 10-Q - TreeHouse Foods, Inc. | d165585d10q.htm |
Exhibit 12.1
TreeHouse Foods, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Three Months Ended | Year Ended | |||||||
March 31, 2016 | December 31, 2015 | |||||||
Earnings: |
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(Loss) income before income taxes |
$ | (4,780 | ) | $ | 171,264 | |||
Add (deduct): |
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Fixed charges |
33,183 | 70,067 | ||||||
Capitalization of interest, net of amortization |
(308 | ) | (161 | ) | ||||
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Earnings available for fixed charges (a) |
$ | 28,095 | $ | 241,170 | ||||
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Fixed charges: |
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Interest expense |
$ | 25,668 | $ | 45,474 | ||||
Capitalized interest and tax interest |
432 | 511 | ||||||
One third of rental expense (1) |
7,083 | 24,082 | ||||||
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Total fixed charges (b) |
$ | 33,183 | $ | 70,067 | ||||
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Ratio of earnings to fixed charges (a/b) (2) |
0.85 | 3.44 | ||||||
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(1) Considered to be representative of interest factor in rental expense.
(2) | The Company incurred a loss before income taxes for the three months ended March 31, 2016. As a result, our earnings were insufficient to cover our fixed charges by approximately $5.1 million. |