Exhibit 12.1 | ||||||||||||||||||
J.B. Hunt Transport Services, Inc. | ||||||||||||||||||
Statement of Computation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||
(in thousands) | ||||||||||||||||||
Pro Forma | |||||||||||||||||||||||||
Six Months | Six Months | ||||||||||||||||||||||||
Ended | Year Ended | Ended | |||||||||||||||||||||||
June 30, | December 31, | June 30, | Year Ended December 31, | ||||||||||||||||||||||
2010 | 2009 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||
Earnings: | |||||||||||||||||||||||||
Earnings before tax and equity in operations of affiliated company | $ | 143,716 | $ | 216,611 | $ | 145,682 | $ | 220,612 | $ | 323,971 | $ | 326,277 | $ | 357,494 | $ | 338,335 | |||||||||
Fixed charges | 16,253 | 35,079 | 14,287 | 31,078 | 41,124 | 39,355 | 14,104 | 5,180 | |||||||||||||||||
Adjusted earnings | $ | 159,969 | $ | 251,690 | $ | 159,969 | $ | 251,690 | $ | 365,095 | $ | 365,631 | $ | 371,598 | $ | 343,515 | |||||||||
Fixed charges: | |||||||||||||||||||||||||
Interest expense | $ | 14,081 | $ | 31,631 | $ | 12,115 | $ | 27,629 | $ | 38,273 | $ | 36,432 | $ | 11,977 | $ | 3,106 | |||||||||
Amortization of costs related to indebtedness | 490 | 952 | 490 | 952 | 931 | 1,209 | 543 | 488 | |||||||||||||||||
Estimated interest within rental expenses | 1,682 | 2,496 | 1,682 | 2,496 | 1,920 | 1,713 | 1,584 | 1,585 | |||||||||||||||||
Total fixed charges | $ | 16,253 | $ | 35,079 | $ | 14,287 | $ | 31,078 | $ | 41,124 | $ | 39,355 | $ | 14,104 | $ | 5,180 | |||||||||
Ratio of earnings to fixed charges | 9.8x | 7.2x | 11.2x | 8.1x | 8.9x | 9.3x | 26.3x | 66.3x |