Texas Industries 10-Q 2008 Q3 Quarterly report

EXHIBIT 12.1

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

TEXAS INDUSTRIES, INC. AND SUBSIBIARIES

	Nine Months ended
	February 29,		February 28,		Year Ended May 31,
In thousands except ratios	2008		2007		2007		2006		2005	2004	2003
Earnings
Income (loss) from continuing operations before income taxes and changes in accounting principles	$ 61,853		$104,601		$150,491		$ (8,814	)	$62,255	$59,096	$40,650
Fixed charges	25,291		25,707		32,515		38,929		30,044	31,240	21,058
Amortization of capitalized interest	825		825		1,100		1,100		1,100	1,100	1,100
Less: Interest capitalized	(20,764	)	(8,109	)	(12,855	)	(1,526	)	--	--	--
Adjusted earnings	$ 67,205		$123,024		$171,251		$29,689		$93,399	$91,436	$62,808
Fixed charges
Interest expensed and capitalized	$ 19,859		$  20,534		$  25,574		$31,229		$21,824	$21,012	$11,025
Net amortization of debt discount, premium and issuance expense	905		1,049		1,355		1,452		1,709	3,090	3,802
Interest portion of rent expense	4,527		4,124		5,586		6,248		6,511	7,138	6,231
Total fixed charges	$ 25,291		$  25,707		$  32,515		$38,929		$30,044	$31,240	$21,058
Ratio of earnings to fixed charges	2.66		4.79		5.27		.76		3.11	2.93	2.98
Deficiency of earnings to cover fixed charges	$       --		$        --		$        --		$  9,240		$      --	$      --	$      --