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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 4.1 Agreement of Resignation, Appointment of Acceptance Dated 12/12/2005
- 4.2 Agreement of Resignation, Appointment of Acceptance Dated 12/12/2005
- 12.1 Ratio of Earnings to Fixed Charges for Six Months
- 31.1 Certification of Peo Pursuant to Section 302
- 31.2 Certification of Pfo Pursuant to Section 302
- 32.1 Certification of Peo Pursuant to Section 906
- 32.2 Certification of Pfo Pursuant to Section 906
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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)
Six months ended June 30, | ||||||||
2005 | 2004 | |||||||
(Restated) | ||||||||
Earnings: | ||||||||
Income from continuing operations before income taxes and cumulative effects of accounting changes | $ | 74,996 | $ | 74,870 | ||||
Minority interest in income of majority owned subsidiaries that have not incurred fixed charges | 210 | 310 | ||||||
Add fixed charges as adjusted (from below) | 59,298 | 74,835 | ||||||
$ | 134,504 | $ | 150,015 | |||||
Fixed charges: | ||||||||
Interest expense: | ||||||||
Corporate | $ | 45,479 | $ | 59,559 | ||||
Amortization of debt costs | 5,052 | 4,942 | ||||||
1/3 of rental expense | 8,767 | 10,334 | ||||||
Fixed charges | 59,298 | 74,835 | ||||||
Less: Capitalized interest | — | — | ||||||
Fixed charges as adjusted | $ | 59,298 | $ | 74,835 | ||||
Ratio (earnings divided by fixed charges) | 2.27 | 2.00 | ||||||