EX-12.1 5 pcln33115ex121.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1
 
The Priceline Group Inc.
Ratio of Earnings to Fixed Charges
(In thousands, except ratio data)

 
Three Months Ended
March 31,
 
2015
 
2014
Earnings Computation:
 
 
 
Earnings before income taxes
$
407,243

 
$
416,053

Fixed charges
40,217

 
23,129

Total earnings as adjusted
$
447,460

 
$
439,182

 
 
 
 
Fixed Charges Computation
 
 
 
Interest Expense
$
33,479

 
$
17,745

Assumed interest element included in rent expense
6,738

 
5,384

Total fixed charges
$
40,217

 
$
23,129

 
 
 
 
Ratio of earnings to fixed charges
11.1

 
19.0