Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Coca-Cola Consolidated, Inc. | coke-10q_20160703.htm |
| EX-32 - EX-32 - Coca-Cola Consolidated, Inc. | coke-ex32_8.htm |
| EX-31.2 - EX-31.2 - Coca-Cola Consolidated, Inc. | coke-ex312_7.htm |
| EX-31.1 - EX-31.1 - Coca-Cola Consolidated, Inc. | coke-ex311_6.htm |
| EX-10.4 - EX-10.4 - Coca-Cola Consolidated, Inc. | coke-ex104_577.htm |
| EX-10.3 - EX-10.3 - Coca-Cola Consolidated, Inc. | coke-ex103_496.htm |
| EX-10.2 - EX-10.2 - Coca-Cola Consolidated, Inc. | coke-ex102_578.htm |
| EX-10.1 - EX-10.1 - Coca-Cola Consolidated, Inc. | coke-ex101_86.htm |
Exhibit 12
RATIO OF EARNINGS TO FIXED CHARGES
Coca-Cola Bottling Co. Consolidated
Ratio of Earnings to Fixed Charges
|
|
|
Second Quarter |
|
|
First Half |
|
||||||||||
|
(In Thousands, Except Ratios) |
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
||||
|
Computation of Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes |
|
$ |
27,962 |
|
|
$ |
46,483 |
|
|
$ |
13,851 |
|
|
$ |
50,949 |
|
|
Add: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
9,217 |
|
|
|
6,227 |
|
|
|
18,004 |
|
|
|
13,070 |
|
|
Amortization of debt premium/discount and expenses |
|
|
591 |
|
|
|
492 |
|
|
|
1,166 |
|
|
|
996 |
|
|
Interest portion of rent expense |
|
|
1,029 |
|
|
|
728 |
|
|
|
1,867 |
|
|
|
1,387 |
|
|
Earnings as adjusted |
|
$ |
38,799 |
|
|
$ |
53,930 |
|
|
$ |
34,888 |
|
|
$ |
66,402 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Computation of Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
$ |
9,217 |
|
|
$ |
6,227 |
|
|
$ |
18,004 |
|
|
$ |
13,070 |
|
|
Capitalized interest |
|
|
106 |
|
|
|
72 |
|
|
|
336 |
|
|
|
138 |
|
|
Amortization of debt premium/discount and expenses |
|
|
591 |
|
|
|
492 |
|
|
|
1,166 |
|
|
|
996 |
|
|
Interest portion of rent expense |
|
|
1,029 |
|
|
|
728 |
|
|
|
1,867 |
|
|
|
1,387 |
|
|
Fixed charges |
|
$ |
10,943 |
|
|
$ |
7,519 |
|
|
$ |
21,373 |
|
|
$ |
15,591 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Earnings to Fixed Charges |
|
|
3.55 |
|
|
|
7.17 |
|
|
|
1.63 |
|
|
|
4.26 |
|