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10-Q - 10-Q - SERVICE CORP INTERNATIONALsci-2016630x10q.htm
EX-32.2 - EXHIBIT 32.2 - SERVICE CORP INTERNATIONALsci-2016630xex322.htm
EX-32.1 - EXHIBIT 32.1 - SERVICE CORP INTERNATIONALsci-2016630xex321.htm
EX-31.2 - EXHIBIT 31.2 - SERVICE CORP INTERNATIONALsci-2016630xex312.htm
EX-31.1 - EXHIBIT 31.1 - SERVICE CORP INTERNATIONALsci-2016630xex311.htm


Exhibit 12.1

SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)

 
Three months ended June 30,
 
Six months ended June 30,
 
2016
2015
 
2016
2015
Earnings:
 
 
 
 
 
Pretax income
$
32,639

84,489

 
$
112,406

$
182,607

Add fixed charges as adjusted (from below)
41,719

45,402

 
87,191

90,708

 
$
74,358

$
129,891

 
$
199,597

$
273,315

Fixed charges:
 
 
 
 
 
Interest expense:
 
 
 
 
 
Corporate
$
38,009

$
40,539

 
$
79,475

$
81,056

Amortization of deferred financing costs
1,389

2,443

 
3,005

4,865

Portion of rent representative of interest
2,321

2,420

 
4,711

4,787

Fixed charges
$
41,719

$
45,402

 
$
87,191

$
90,708

Ratio (earnings divided by fixed charges)
1.78

2.86

 
2.29

3.01