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New words:
Absent, confidence, dedicated, detect, detected, dissolution, foregoing, grew, lose, outsourced, outsourcing, overhead, oversight, prepaid, prepay, prepayment, reclassification, sanction, statute, vacate, verification
Removed:
achieved, American, centralization, construction, declined, incentive, organization, receivable, standardization, terminate
Filing tables
Filing exhibits
- 10-Q Quarterly report
- 12.1 Ratio of Earnings to Fixed Charges
- 31.1 Certification of CEO Pursuant to Section 302
- 31.2 Certification of Pfo Pursuant to Section 302
- 32.1 Certification of CEO Pursuant to Section 906
- 32.2 Certification of Pfo Pursuant to Section 906
- 99.1 Form of Performance Unit Grant Award Agreement
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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)
| Nine months ended | ||||||||
| September 30, | ||||||||
| 2007 | 2006 | |||||||
Earnings: | ||||||||
| Income from continuing operations before income taxes | $ | 142,971 | $ | 90,786 | ||||
| Add fixed charges (from below) | 118,970 | 92,241 | ||||||
| $ | 261,941 | $ | 183,027 | |||||
Fixed charges: | ||||||||
| Interest expense: | ||||||||
| Corporate | $ | 106,650 | $ | 72,765 | ||||
| Amortization of deferred financing costs | 5,202 | 13,902 | ||||||
| Implicit interest in rental expense | 7,118 | 5,574 | ||||||
| Fixed charges | $ | 118,970 | $ | 92,241 | ||||
| Ratio (earnings divided by fixed charges) | 2.20 | 1.98 | ||||||