Service Corporation International (SCI) 10-Q 2018 Q2 Quarterly report

Exhibit 12.1

SERVICE CORPORATION INTERNATIONAL

RATIO OF EARNINGS TO FIXED CHARGES

(In thousands, except ratio amounts)

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Earnings:
Pretax income	$	119,315	101,518		$	229,684	$	200,044
Add fixed charges as adjusted (from below)	46,574		43,926		91,736		86,754
	$	165,889	$	145,444	$	321,420	$	286,798
Fixed charges:
Interest expense:
Corporate	$	43,020	$	40,635	$	85,078	$	79,838
Amortization of deferred financing costs	1,499		1,448		3,017		2,881
Portion of rent representative of interest	2,055		1,843		3,641		4,035
Fixed charges	$	46,574	$	43,926	$	91,736	$	86,754
Ratio (earnings divided by fixed charges)	3.56		3.31		3.50		3.31