Attached files
file | filename |
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10-Q - 10-Q - SERVICE CORP INTERNATIONAL | sci-2016630x10q.htm |
EX-32.2 - EXHIBIT 32.2 - SERVICE CORP INTERNATIONAL | sci-2016630xex322.htm |
EX-32.1 - EXHIBIT 32.1 - SERVICE CORP INTERNATIONAL | sci-2016630xex321.htm |
EX-31.2 - EXHIBIT 31.2 - SERVICE CORP INTERNATIONAL | sci-2016630xex312.htm |
EX-31.1 - EXHIBIT 31.1 - SERVICE CORP INTERNATIONAL | sci-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 |