Exhibit 12.1
LKQ CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratios)
(Unaudited)
| Year Ended December 31, | ||||||||||||||||||||
| 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||
Income from continuing operations before provision for income taxes | $ | 475,827 | $ | 409,167 | $ | 335,771 | $ | 270,125 | $ | 205,317 | ||||||||||
Fixed charges | 100,190 | 71,983 | 56,901 | 54,769 | 53,993 | |||||||||||||||
Amortization of capitalized interest, net of interest capitalized | 56 | (57 | ) | (318 | ) | 2 | 44 | |||||||||||||
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Earnings available for fixed charges | $ | 576,073 | $ | 481,093 | $ | 392,354 | $ | 324,896 | $ | 259,354 | ||||||||||
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Fixed charges: | ||||||||||||||||||||
Interest expense, including amortization of debt issuance costs | $ | 51,184 | $ | 31,429 | $ | 24,307 | $ | 29,765 | $ | 32,252 | ||||||||||
Capitalized interest | 130 | 296 | 479 | 35 | — | |||||||||||||||
Portion of rental expense representative of interest | 48,876 | 40,258 | 32,115 | 24,969 | 21,741 | |||||||||||||||
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Total fixed charges | $ | 100,190 | $ | 71,983 | $ | 56,901 | $ | 54,769 | $ | 53,993 | ||||||||||
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Ratio of earnings to fixed charges | 5.7 | 6.7 | 6.9 | 5.9 | 4.8 | |||||||||||||||
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