Attached files
file | filename |
---|---|
10-K - 10-K - DYCOM INDUSTRIES INC | dyq4fy201710k.htm |
EX-32.2 - EXHIBIT 32.2 - DYCOM INDUSTRIES INC | dyq4201710kex322.htm |
EX-32.1 - EXHIBIT 32.1 - DYCOM INDUSTRIES INC | dyq4201710kex321.htm |
EX-31.2 - EXHIBIT 31.2 - DYCOM INDUSTRIES INC | dyq4201710kex312.htm |
EX-31.1 - EXHIBIT 31.1 - DYCOM INDUSTRIES INC | dyq4201710kex311.htm |
EX-23.1 - EXHIBIT 23.1 - DYCOM INDUSTRIES INC | dyq4201710kex231.htm |
EX-21.1 - EXHIBIT 21.1 - DYCOM INDUSTRIES INC | dyq4201710kex211.htm |
Exhibit 12.1
Dycom Industries, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Fiscal Year Ended | |||||||||||||||||||
July 29, 2017 | July 30, 2016 | July 25, 2015 | July 26, 2014 | July 27, 2013 | |||||||||||||||
Net income | $ | 157,217 | $ | 128,740 | $ | 84,324 | $ | 39,978 | $ | 35,188 | |||||||||
Income tax expense | 93,208 | 77,587 | 51,260 | 26,341 | 23,011 | ||||||||||||||
Fixed charges included in the determination of net income | 56,866 | 51,363 | 39,970 | 39,528 | 34,774 | ||||||||||||||
Total earnings, as defined | $ | 307,291 | $ | 257,690 | $ | 175,554 | $ | 105,847 | $ | 92,973 | |||||||||
Interest charges | $ | 37,377 | $ | 34,733 | $ | 27,029 | $ | 26,837 | $ | 23,335 | |||||||||
Rental interest factor | 19,489 | 16,630 | 12,941 | 12,691 | 11,439 | ||||||||||||||
Total fixed charges, as defined | $ | 56,866 | $ | 51,363 | $ | 39,970 | $ | 39,528 | $ | 34,774 | |||||||||
Ratio of earnings to fixed charges | 5.4x | 5.0x | 4.4x | 2.7x | 2.7x |