TreeHouse Foods (THS) 10-Q 2014 Q2 Quarterly report

Exhibit 12.1

TreeHouse Foods, Inc.

Computation of Ratio of Earnings to Fixed Charges

(Dollars in thousands)

	Six Months Ended June 30, 2014			Year Ended December 31, 2013
Earnings:
Income before income taxes	$	53,783		$	124,910
Add (deduct):
Fixed charges		29,423			66,913
Capitalized interest, net of amortization		(55	)		389
Other		—			231
Earnings available for fixed charges (a)	$	83,151		$	192,443
Fixed charges:
Interest expense	$	19,874		$	49,304
Capitalized interest and tax interest		20			57
One third of rental expense (1)		9,529			17,552
Total fixed charges (b)	$	29,423		$	66,913
Ratio of earnings to fixed charges (a/b)		2.83			2.88

⁽¹⁾  Considered to be representative of interest factor in rental expense.