Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - DYCOM INDUSTRIES INC | dyq3fy201710q.htm |
| EX-32.2 - EXHIBIT 32.2 - DYCOM INDUSTRIES INC | dyq3201710qex322.htm |
| EX-32.1 - EXHIBIT 32.1 - DYCOM INDUSTRIES INC | dyq3201710qex321.htm |
| EX-31.2 - EXHIBIT 31.2 - DYCOM INDUSTRIES INC | dyq3201710qex312.htm |
| EX-31.1 - EXHIBIT 31.1 - DYCOM INDUSTRIES INC | dyq3201710qex311.htm |
Exhibit 12.1
Dycom Industries, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Nine Months Ended | Fiscal Year Ended | ||||||||||||||||||||||
April 29, 2017 | July 30, 2016 | July 25, 2015 | July 26, 2014 | July 27, 2013 | July 28, 2012 | ||||||||||||||||||
Net income | $ | 113,509 | $ | 128,740 | $ | 84,324 | $ | 39,978 | $ | 35,188 | $ | 39,378 | |||||||||||
Income tax expense | 67,082 | 77,587 | 51,260 | 26,341 | 23,011 | 25,183 | |||||||||||||||||
Fixed charges included in the determination of net income | 42,151 | 51,363 | 39,970 | 39,528 | 34,774 | 24,001 | |||||||||||||||||
Total earnings, as defined | $ | 222,742 | $ | 257,690 | $ | 175,554 | $ | 105,847 | $ | 92,973 | $ | 88,562 | |||||||||||
Interest charges | $ | 27,639 | $ | 34,733 | $ | 27,029 | $ | 26,837 | $ | 23,335 | $ | 16,745 | |||||||||||
Rental interest factor | 14,512 | 16,630 | 12,941 | 12,691 | 11,439 | 7,256 | |||||||||||||||||
Total fixed charges, as defined | $ | 42,151 | $ | 51,363 | $ | 39,970 | $ | 39,528 | $ | 34,774 | $ | 24,001 | |||||||||||
Ratio of earnings to fixed charges | 5.3x | 5.0x | 4.4x | 2.7x | 2.7x | 3.7x | |||||||||||||||||