EX-12.1 3 conn20140430ex121.htm EXHIBIT 12.1 CONN 2014.04.30 EX 12.1


EXHIBIT 12.1

Statement of Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)

 
 
Three Months Ended April 30,
 
 
2014
 
2013
Income before income taxes
 
$
44,307

 
$
35,143

Fixed charges
 
9,872

 
7,545

Capitalized interest
 
(40
)
 
(119
)
Total earnings
 
$
54,139

 
$
42,569

Interest expense (including capitalized interest)
 
$
4,148

 
$
2,893

Amortized premiums and expenses
 
617

 
1,097

Estimated interest within rent expense
 
5,107

 
3,555

Total fixed charges
 
$
9,872

 
$
7,545

Ratio of earnings to fixed charges
 
5.48

 
5.64