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EXHIBIT 12.1
EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
Three Months Ended March 31, | ||||||||
(dollar amounts in thousands) | 2016 | 2015 | ||||||
Pretax income before adjustment for income from unconsolidated subsidiaries | $ | 38,227 | $ | 14,122 | ||||
Add: | ||||||||
Fixed charges | 8,242 | 7,257 | ||||||
Adjusted pretax income | $ | 46,469 | $ | 21,379 | ||||
Fixed charges: | ||||||||
Interest expense | $ | 6,286 | $ | 5,698 | ||||
Estimate of interest within rental expense | 1,956 | 1,559 | ||||||
Total fixed charges | $ | 8,242 | $ | 7,257 | ||||
Ratio of earnings to fixed charges | 5.6 | 2.9 |