Exhibit 12.1
SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)
| Three Months Ended March 31, | ||||||||
| 2006 | 2005 | |||||||
| (Restated) | (Restated) | |||||||
Earnings: | ||||||||
| Income from continuing operations before income taxes and cumulative effect of accounting change | $ | 42,757 | $ | 48,988 | ||||
| Minority interest in income of majority owned subsidiaries that have not incurred fixed charges | 115 | 119 | ||||||
| Add fixed charges (from below) | 28,936 | 29,297 | ||||||
| $ | 71,808 | $ | 78,404 | |||||
Fixed charges: | ||||||||
| Interest expense: | ||||||||
| Corporate | $ | 24,177 | $ | 22,450 | ||||
| Amortization of deferred financing costs | 2,551 | 2,555 | ||||||
| Implicit interest in rental expense | 2,208 | 4,292 | ||||||
| Fixed charges | $ | 28,936 | $ | 29,297 | ||||
| Ratio (earnings divided by fixed charges) | 2.48 | 2.68 | ||||||