Attached files
file | filename |
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EX-32 - EXHIBIT 32 - RYDER SYSTEM INC | ryderex32-q12018.htm |
EX-31.2 - EXHIBIT 31.2 - RYDER SYSTEM INC | ryderex312-q12018.htm |
EX-31.1 - EXHIBIT 31.1 - RYDER SYSTEM INC | ryderex311-q12018.htm |
10-Q - 10-Q - RYDER SYSTEM INC | ryder1stquarter201810-q.htm |
EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries | ||||
Ratio of Earnings to Fixed Charges | ||||
Continuing Operations | ||||
(Dollars in thousands) | ||||
For the three months ended March 31, 2018 | ||||
EARNINGS: | ||||
Earnings before income taxes | $ | 48,100 | ||
Fixed charges | 48,244 | |||
Add: Amortization of capitalized interest | 192 | |||
Less: Interest capitalized | — | |||
Earnings available for fixed charges (A) | $ | 96,536 | ||
FIXED CHARGES: | ||||
Interest and other financial charges | $ | 37,781 | ||
Portion of rents representing interest expense | 10,463 | |||
Total fixed charges (B) | $ | 48,244 | ||
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B) | 2.00 | |||