TreeHouse Foods (THS) 10-Q 2015 Q3 Quarterly report

Exhibit 12.1

TREEHOUSE FOODS, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

	Nine Months Ended			Year Ended
	September 30, 2015			December 31, 2014
Earnings:
Income before income taxes	$	113,863		$	136,570
Add (deduct):
Fixed charges		51,852			62,206
Capitalized interest, net of amortization		(145	)		(48	)
Earnings available for fixed charges (a)	$	165,570		$	198,728
Fixed charges:
Interest expense	$	33,978		$	42,036
Capitalized interest and tax interest		476			135
One third of rental expense(1)		17,398			20,035
Total fixed charges (b)	$	51,852		$	62,206
Ratio of earnings to fixed charges (a/b)		3.19			3.19

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

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