Attached files
| file | filename |
|---|---|
| 10-K - 10-K - GROUP 1 AUTOMOTIVE INC | a2016form10-k.htm |
| EX-32.2 - EXHIBIT 32.2 - GROUP 1 AUTOMOTIVE INC | exhibit322-12312016.htm |
| EX-32.1 - EXHIBIT 32.1 - GROUP 1 AUTOMOTIVE INC | exhibit321-12312016.htm |
| EX-31.1 - EXHIBIT 31.1 - GROUP 1 AUTOMOTIVE INC | exhibit311-12312016.htm |
| EX-31.2 - EXHIBIT 31.2 - GROUP 1 AUTOMOTIVE INC | exhibit312-12312016.htm |
| EX-23.1 - EXHIBIT 23.1 - GROUP 1 AUTOMOTIVE INC | exhibit231-12312016.htm |
| EX-21.1 - EXHIBIT 21.1 - GROUP 1 AUTOMOTIVE INC | exhibit211-12312016.htm |
Exhibit 12.1
Group 1 Automotive, Inc.
Ratios of Earnings to Fixed Charges
(Dollars in thousands, unaudited)
For the year ended December 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Pretax income | $ | 227,371 | $ | 182,171 | $ | 164,400 | $ | 191,895 | $ | 160,735 | ||||||||||
Add: | ||||||||||||||||||||
Fixed charges | 127,014 | 108,106 | 105,739 | 97,233 | 84,395 | |||||||||||||||
Less: | ||||||||||||||||||||
Capitalized interest | (1,720 | ) | (741 | ) | (731 | ) | (805 | ) | (689 | ) | ||||||||||
Total Earnings | $ | 352,665 | $ | 289,536 | $ | 269,408 | $ | 288,323 | $ | 244,441 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 112,863 | $ | 96,167 | $ | 91,306 | $ | 80,639 | $ | 69,261 | ||||||||||
Estimated interest within rent expense | 12,431 | 11,198 | 13,702 | 15,789 | 14,445 | |||||||||||||||
Capitalized interest | 1,720 | 741 | 731 | 805 | 689 | |||||||||||||||
Total Fixed Charges | $ | 127,014 | $ | 108,106 | $ | 105,739 | $ | 97,233 | $ | 84,395 | ||||||||||
Ratio of Earnings to Fixed Charges | 2.8 | 2.7 | 2.5 | 3.0 | 2.9 | |||||||||||||||