Attached files

file filename
EX-31.2 - EXHIBIT 31.2 - LKQ CORPlkq-ex312_20161231.htm
EX-32.2 - EXHIBIT 32.2 - LKQ CORPlkq-ex322_20161231.htm
EX-32.1 - EXHIBIT 32.1 - LKQ CORPlkq-ex321_20161231.htm
EX-31.1 - EXHIBIT 31.1 - LKQ CORPlkq-ex311_20161231.htm
EX-23.1 - EXHIBIT 23.1 - LKQ CORPlkq-ex231_20161231.htm
EX-21.1 - EXHIBIT 21.1 - LKQ CORPlkq-ex211_20161231.htm
EX-10.50 - EXHIBIT 10.50 - LKQ CORPlkq-ex1050_20161231.htm
EX-10.49 - EXHIBIT 10.49 - LKQ CORPlkq-ex1049_20161231.htm
EX-10.47 - EXHIBIT 10.47 - LKQ CORPlkq-ex1047_20161231.htm
EX-10.40 - EXHIBIT 10.40 - LKQ CORPlkq-ex1040_20161231.htm
EX-10.34 - EXHIBIT 10.34 - LKQ CORPlkq-ex1034_20161231.htm
EX-10.8 - EXHIBIT 10.8 - LKQ CORPlkq-ex108_20161231.htm
EX-4.11 - EXHIBIT 4.11 - LKQ CORPlkq-ex411_20161231.htm
EX-4.3 - EXHIBIT 4.3 - LKQ CORPlkq-ex43_20161231.htm
10-K - 10-K - LKQ CORPlkq-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