Texas Industries 10-Q 2009 Q3 Quarterly report

EXHIBIT 12.1

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

TEXAS INDUSTRIES, INC. AND SUBSIDIARIES

	Nine Months ended
	February 28,			February 29,			Year Ended May 31,
In thousands except ratios	2009			2008			2008			2007			2006			2005		2004
Earnings
Income (loss) from continuing operations before income taxes and changes in accounting principles	$	32,482		$	89,591		$	126,673		$	150,491		$	(8,814	)	$	62,255	$	59,096
Fixed charges		39,578			25,291			35,012			32,515			38,929			30,044		31,240
Amortization of capitalized interest		1,735			825			1,201			1,100			1,100			1,100		1,100
Less: Interest capitalized		(9,707	)		(20,764	)		(26,462	)		(12,855	)		(1,526	)		--		--
Adjusted earnings	$	64,088		$	94,943		$	136,424		$	171,251		$	29,689		$	93,399	$	91,436
Fixed charges
Interest expensed and capitalized	$	31,210		$	19,859		$	27,716		$	25,574		$	31,229		$	21,824	$	21,012
Net amortization of debt discount, premium and issuance expense		3,382			905			1,251			1,355			1,452			1,709		3,090
Interest portion of rent expense		4,986			4,527			6,045			5,586			6,248			6,511		7,138
Total fixed charges	$	39,578		$	25,291		$	35,012		$	32,515		$	38,929		$	30,044	$	31,240
Ratio of earnings to fixed charges		1.62			3.75			3.90			5.27			.76			3.11		2.93
Deficiency of earnings to cover fixed charges	$	--		$	--		$	--		$	--		$	9,240		$	--	$	--