Attached files
file | filename |
---|---|
EX-31.2 - EXHIBIT 31.2 - LKQ CORP | lkq-ex312_20161231.htm |
EX-32.2 - EXHIBIT 32.2 - LKQ CORP | lkq-ex322_20161231.htm |
EX-32.1 - EXHIBIT 32.1 - LKQ CORP | lkq-ex321_20161231.htm |
EX-31.1 - EXHIBIT 31.1 - LKQ CORP | lkq-ex311_20161231.htm |
EX-23.1 - EXHIBIT 23.1 - LKQ CORP | lkq-ex231_20161231.htm |
EX-21.1 - EXHIBIT 21.1 - LKQ CORP | lkq-ex211_20161231.htm |
EX-10.50 - EXHIBIT 10.50 - LKQ CORP | lkq-ex1050_20161231.htm |
EX-10.49 - EXHIBIT 10.49 - LKQ CORP | lkq-ex1049_20161231.htm |
EX-10.47 - EXHIBIT 10.47 - LKQ CORP | lkq-ex1047_20161231.htm |
EX-10.40 - EXHIBIT 10.40 - LKQ CORP | lkq-ex1040_20161231.htm |
EX-10.34 - EXHIBIT 10.34 - LKQ CORP | lkq-ex1034_20161231.htm |
EX-10.8 - EXHIBIT 10.8 - LKQ CORP | lkq-ex108_20161231.htm |
EX-4.11 - EXHIBIT 4.11 - LKQ CORP | lkq-ex411_20161231.htm |
EX-4.3 - EXHIBIT 4.3 - LKQ CORP | lkq-ex43_20161231.htm |
10-K - 10-K - LKQ CORP | lkq-20161231_10k.htm |
Exhibit 12.1
LKQ CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratios)
(Unaudited)
Year Ended December 31, | ||||||||||||||||||||
2012 | 2013 | 2014 | 2015 | 2016 | ||||||||||||||||
Income from continuing operations before provision for income taxes | $ | 409,167 | $ | 475,827 | $ | 587,888 | $ | 649,030 | $ | 677,281 | ||||||||||
Fixed charges | 71,983 | 100,190 | 124,670 | 124,739 | 176,414 | |||||||||||||||
Amortization of capitalized interest, net of interest capitalized | (57 | ) | 56 | (50 | ) | 64 | (423 | ) | ||||||||||||
Earnings available for fixed charges | $ | 481,093 | $ | 576,073 | $ | 712,508 | $ | 773,833 | $ | 853,272 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense, including amortization of debt issuance costs | $ | 31,429 | $ | 51,184 | $ | 64,542 | $ | 57,860 | $ | 88,263 | ||||||||||
Capitalized interest | 296 | 130 | 264 | 166 | 824 | |||||||||||||||
Portion of rental expense representative of interest | 40,258 | 48,876 | 59,864 | 66,713 | 87,327 | |||||||||||||||
Total fixed charges | $ | 71,983 | $ | 100,190 | $ | 124,670 | $ | 124,739 | $ | 176,414 | ||||||||||
Ratio of earnings to fixed charges | 6.7 | 5.7 | 5.7 | 6.2 | 4.8 |