Attached files
file | filename |
---|---|
EX-10.2 - EX-10.2 - EAGLE MATERIALS INC | exp-ex102_261.htm |
EX-31.1 - EX-31.1 - EAGLE MATERIALS INC | exp-ex311_12.htm |
EX-32.1 - EX-32.1 - EAGLE MATERIALS INC | exp-ex321_7.htm |
EX-32.2 - EX-32.2 - EAGLE MATERIALS INC | exp-ex322_11.htm |
10-Q - 10-Q - EAGLE MATERIALS INC | exp-10q_20180930.htm |
EX-95 - EX-95 - EAGLE MATERIALS INC | exp-ex95_263.htm |
EX-10.3 - EX-10.3 - EAGLE MATERIALS INC | exp-ex103_260.htm |
EX-31.2 - EX-31.2 - EAGLE MATERIALS INC | exp-ex312_15.htm |
EX-10.1 - EX-10.1 - EAGLE MATERIALS INC | exp-ex101_262.htm |
EXHIBIT 12.1
|
|
Six Months |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ended September 30, |
|
|
Fiscal Year Ended March 31, |
|
||||||||||||||
|
|
2018 |
|
|
2018 |
|
|
2017 |
|
|
2016 |
|
|
2015 |
|
|||||
Earnings: (1) |
|
|||||||||||||||||||
|
Earnings before income taxes |
|
176,814 |
|
|
|
271,962 |
|
|
|
294,519 |
|
|
|
219,252 |
|
|
|
252,927 |
|
|
Add: Fixed charges |
|
15,123 |
|
|
|
30,986 |
|
|
|
24,697 |
|
|
|
18,539 |
|
|
|
16,631 |
|
|
Add: Amortization of capitalized interest and FIN 48 Interest |
268 |
|
|
|
536 |
|
|
536 |
|
|
|
536 |
|
|
|
(3,311 |
) |
||
|
Add: Cash distributions from equity method investments |
|
19,500 |
|
|
|
31,500 |
|
|
|
43,250 |
|
|
|
37,250 |
|
|
|
40,375 |
|
|
Subtract: Income from equity method investments |
|
(19,425 |
) |
|
|
(43,419 |
) |
|
|
(42,386 |
) |
|
|
(39,083 |
) |
|
|
(44,967 |
) |
Total Earnings |
|
192,280 |
|
|
|
291,565 |
|
|
|
320,616 |
|
|
|
236,494 |
|
|
|
261,655 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Charges: (2) |
|
|||||||||||||||||||
|
Interest expense |
|
13,449 |
|
|
|
27,638 |
|
|
|
22,631 |
|
|
|
16,583 |
|
|
|
15,590 |
|
|
Interest component of rent expense |
1,674 |
|
|
3,348 |
|
|
2,066 |
|
|
1,959 |
|
|
1,041 |
|
|||||
Total Fixed Charges |
|
15,123 |
|
|
|
30,986 |
|
|
|
24,697 |
|
|
|
18,539 |
|
|
|
16,631 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Earnings to Fixed Charges |
12.7x |
|
|
10.3x |
|
|
13.0x |
|
|
12.8x |
|
|
15.7x |
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Earnings represent earnings before income taxes and before income from equity method investments plus: (a) fixed charges; and (b) cash distributions from equity method investments. |
|
||||||||||||||||||
(2) |
Fixed charges include: (a) interest expense, whether expensed or capitalized, less interest accrued for uncertain tax positions; and (b) the portion of operating rental expense which management believes is representative of the interest component of rent expense. |
|