Exhibit 12.1
TreeHouse Foods, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Nine Months Ended September 30, 2013 | Fiscal Year Ended December 31, | |||||||||||||||||||||||
| 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income before income taxes | $ | 90,609 | $ | 124,209 | $ | 139,798 | $ | 136,400 | $ | 122,074 | $ | 39,455 | ||||||||||||
Add (deduct): | ||||||||||||||||||||||||
Fixed charges | 50,400 | 69,246 | 71,045 | 56,955 | 30,145 | 37,462 | ||||||||||||||||||
Amortization of interest, net of capitalized interest | (17 | ) | (343 | ) | (451 | ) | (66 | ) | (136 | ) | (674 | ) | ||||||||||||
Other | 231 | 374 | 64 | 66 | (362 | ) | 234 | |||||||||||||||||
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Earnings available for fixed charges (a) | $ | 141,223 | $ | 193,486 | $ | 210,455 | $ | 193,355 | $ | 151,719 | $ | 76,477 | ||||||||||||
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Fixed charges: | ||||||||||||||||||||||||
Interest expense | $ | 37,606 | $ | 51,609 | $ | 53,023 | $ | 45,691 | $ | 18,430 | $ | 27,614 | ||||||||||||
Capitalized interest and tax interest | 26 | 568 | 748 | 237 | 291 | 757 | ||||||||||||||||||
One third of rental expense(1) | 12,768 | 17,069 | 17,274 | 11,027 | 11,422 | 9,091 | ||||||||||||||||||
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Total fixed charges (b) | $ | 50,400 | $ | 69,246 | $ | 71,045 | $ | 56,955 | $ | 30,143 | $ | 37,462 | ||||||||||||
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Ratio of earnings to fixed charges (a/b) | 2.80 | 2.79 | 2.96 | 3.39 | 5.03 | 2.04 | ||||||||||||||||||
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| (1) | Considered to be representative of interest factor in rent expense. |
