Exhibit 12.1
Myers Industries, Inc.
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Thousands)
(Unaudited)
| Six months ended June 30, 2017 |
For the Fiscal Year Ended December 31, | |||||||||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||||
Earnings | ||||||||||||||||||||||||
Earnings from continuing operations before income taxes | $ | 9,178 | $ | 7,995 | $ | 21,862 | $ | 14,083 | $ | 39,785 | $ | 42,196 | ||||||||||||
Interest expense | 4,736 | 9,947 | 10,316 | 8,662 | 4,744 | 4,494 | ||||||||||||||||||
Interest portion of rent expense | 724 | 1,286 | 1,407 | 1,569 | 1,400 | 1,140 | ||||||||||||||||||
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Earnings from continuing operations before income taxes, as adjusted | $ | 14,638 | $ | 19,228 | $ | 33,585 | $ | 24,314 | $ | 45,929 | $ | 47,830 | ||||||||||||
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Fixed Charges | ||||||||||||||||||||||||
Interest expense | $ | 4,736 | $ | 9,947 | $ | 10,316 | $ | 8,662 | $ | 4,744 | $ | 4,494 | ||||||||||||
Interest portion of rent expense | 724 | 1,286 | 1,407 | 1,569 | 1,400 | 1,140 | ||||||||||||||||||
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Total fixed charges | $ | 5,460 | $ | 11,233 | $ | 11,723 | $ | 10,231 | $ | 6,144 | $ | 5,634 | ||||||||||||
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Ratio of Earnings to Fixed Charges | 2.68 | 1.71 | 2.86 | 2.38 | 7.48 | 8.49 | ||||||||||||||||||
