Attached files
file | filename |
---|---|
EX-10.3 - EX-10.3 - EAGLE MATERIALS INC | exp-ex103_128.htm |
EX-31.2 - EX-31.2 - EAGLE MATERIALS INC | exp-ex312_121.htm |
EX-10.7 - EX-10.7 - EAGLE MATERIALS INC | exp-ex107_123.htm |
EX-10.5 - EX-10.5 - EAGLE MATERIALS INC | exp-ex105_126.htm |
EX-10.2 - EX-10.2 - EAGLE MATERIALS INC | exp-ex102_129.htm |
EX-10.4 - EX-10.4 - EAGLE MATERIALS INC | exp-ex104_127.htm |
EX-32.2 - EX-32.2 - EAGLE MATERIALS INC | exp-ex322_119.htm |
EX-10.6 - EX-10.6 - EAGLE MATERIALS INC | exp-ex106_125.htm |
EX-95 - EX-95 - EAGLE MATERIALS INC | exp-ex95_427.htm |
EX-31.1 - EX-31.1 - EAGLE MATERIALS INC | exp-ex311_122.htm |
EX-10.1 - EX-10.1 - EAGLE MATERIALS INC | exp-ex101_130.htm |
EX-32.1 - EX-32.1 - EAGLE MATERIALS INC | exp-ex321_120.htm |
EX-10.8 - EX-10.8 - EAGLE MATERIALS INC | exp-ex108_615.htm |
10-Q - EXP-Q2-20160930 - EAGLE MATERIALS INC | exp-10q_20160930.htm |
EXHIBIT 12.1
|
|
Six Months |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ended September 30, |
|
|
Fiscal Year Ended March 31, |
|
||||||||||||||
|
|
2016 |
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
2013 |
|
|||||
Earnings: (1) |
|
|||||||||||||||||||
|
Earnings before income taxes |
|
156,649 |
|
|
|
219,252 |
|
|
|
252,927 |
|
|
|
181,804 |
|
|
|
84,096 |
|
|
Add: Fixed charges |
|
10,535 |
|
|
|
18,539 |
|
|
|
16,631 |
|
|
|
18,171 |
|
|
|
15,791 |
|
|
Add: Amortization of capitalized interest and FIN 48 Interest |
268 |
|
|
|
536 |
|
|
(3,311 |
) |
|
|
1,117 |
|
|
|
945 |
|
||
|
Add: Cash distributions from equity method investments |
|
21,750 |
|
|
|
37,250 |
|
|
|
40,375 |
|
|
|
37,750 |
|
|
|
28,500 |
|
|
Subtract: Income from equity method investments |
|
(20,127 |
) |
|
|
(39,083 |
) |
|
|
(44,967 |
) |
|
|
(37,811 |
) |
|
|
(32,507 |
) |
Total Earnings |
|
169,075 |
|
|
|
236,494 |
|
|
|
261,655 |
|
|
|
201,091 |
|
|
|
96,825 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Charges: (2) |
|
|||||||||||||||||||
|
Interest expense |
|
9,557 |
|
|
|
16,583 |
|
|
|
15,590 |
|
|
|
17,646 |
|
|
|
15,467 |
|
|
Interest component of rent expense |
978 |
|
|
1,956 |
|
|
1,041 |
|
|
525 |
|
|
324 |
|
|||||
Total Fixed Charges |
|
10,535 |
|
|
|
18,539 |
|
|
|
16,631 |
|
|
|
18,171 |
|
|
|
15,791 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Earnings to Fixed Charges |
16.0x |
|
|
12.8x |
|
|
15.7.1x |
|
|
11.1x |
|
|
6.1x |
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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. |
|