Exhibit 12.1
TreeHouse Foods, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| | | | | | | | |
| | Nine Months Ended | | | Year Ended | |
| | September 30, 2013 | | | December 31, 2012 | |
Earnings: | | | | | | | | |
Income before income taxes | | $ | 90,609 | | | $ | 124,209 | |
Add (deduct): | | | | | | | | |
Fixed charges | | | 50,400 | | | | 69,246 | |
Capitalized interest, net of amortization | | | (17 | ) | | | (343 | ) |
Other | | | 231 | | | | 374 | |
| | | | | | | | |
Earnings available for fixed charges (a) | | $ | 141,223 | | | $ | 193,486 | |
| | | | | | | | |
| | |
Fixed charges: | | | | | | | | |
Interest expense | | $ | 37,606 | | | $ | 51,609 | |
Capitalized interest and tax interest | | | 26 | | | | 568 | |
One third of rental expense(1) | | | 12,768 | | | | 17,069 | |
| | | | | | | | |
Total fixed charges (b) | | $ | 50,400 | | | $ | 69,246 | |
| | | | | | | | |
| | |
| | | | | | | | |
Ratio of earnings to fixed charges (a/b) | | | 2.80 | | | | 2.79 | |
| | | | | | | | |
(1) Considered to be representative of interest factor in rental expense.