EXHIBIT 12.1
DEAN FOODS COMPANY
COMPUTATION OF EARNINGS TO FIXED CHARGES
Computation of Ratio of Earnings to Fixed Charges for each of the periods indicated
| Three Months Ended March 31, 2011 | Year Ended December 31 | |||||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
Income from continuing operations before income taxes | $ | 40,705 | $ | 151,222 | $ | 380,465 | $ | 296,217 | $ | 210,229 | $ | 451,760 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | 65,270 | 248,301 | 246,510 | 308,178 | 333,328 | 194,630 | ||||||||||||||||||
Portion of rentals (33%) | 12,542 | 52,828 | 52,800 | 49,107 | 44,546 | 44,099 | ||||||||||||||||||
Capitalized interest | 444 | 1,418 | 1,676 | 2,803 | 2,012 | 3,374 | ||||||||||||||||||
Total fixed charges | 78,256 | 302,547 | 300,986 | 360,088 | 379,886 | 242,103 | ||||||||||||||||||
Income from continuing operations before income taxes and fixed charges less capitalized interest and equity in earnings of unconsolidated affiliates | $ | 118,517 | $ | 452,351 | $ | 679,775 | $ | 653,502 | $ | 588,103 | $ | 690,489 | ||||||||||||
Ratio of earnings to fixed charges | 1.51 | 1.50 | 2.26 | 1.81 | 1.55 | 2.85 | ||||||||||||||||||