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Exhibit 12.1
The Priceline Group Inc.
Ratio of Earnings to Fixed Charges
(In thousands, except ratio data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2017 | 2016 | 2017 | 2016 | |||||||||||||
| Earnings Computation: | ||||||||||||||||
| Earnings before income taxes | $ | 863,117 | $ | 692,548 | $ | 1,390,727 | $ | 1,153,041 | ||||||||
| Fixed charges | 70,527 | 59,227 | 135,240 | 114,527 | ||||||||||||
| Total earnings as adjusted | $ | 933,644 | $ | 751,775 | $ | 1,525,967 | $ | 1,267,568 | ||||||||
| Fixed Charges Computation: | ||||||||||||||||
| Interest Expense | $ | 60,942 | $ | 50,290 | $ | 116,659 | $ | 97,184 | ||||||||
| Assumed interest element included in rent expense | 9,585 | 8,937 | 18,581 | 17,343 | ||||||||||||
| Total fixed charges | $ | 70,527 | $ | 59,227 | $ | 135,240 | $ | 114,527 | ||||||||
| Ratio of earnings to fixed charges | 13.2 | 12.7 | 11.3 | 11.1 | ||||||||||||