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Constraining | ||
Legalese | ||
Litigous | ||
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8th grade Good
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amnesty, bond, book, Brazilian, combined, Department, drop, fulfill, initial, judicial, manner, open, pending, redeploy, resolve
Removed:
appealed, exhaust, honored, indemnification, minimum, overturned, periodic, reduce, reserved, reversed, selected, strong
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EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries | |||
Ratio of Earnings to Fixed Charges | |||
Continuing Operations | |||
(Dollars in thousands) | |||
For the nine months ended September 30, 2016 | |||
EARNINGS: | |||
Earnings before income taxes | 337,185 | ||
Fixed charges | 144,393 | ||
Add: Amortization of capitalized interest | 456 | ||
Less: Interest capitalized | — | ||
Earnings available for fixed charges (A) | 482,034 | ||
FIXED CHARGES: | |||
Interest and other financial charges | 112,597 | ||
Portion of rents representing interest expense | 31,796 | ||
Total fixed charges (B) | 144,393 | ||
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B) | 3.34x | ||