EX-12.1 3 conn20140731ex121.htm EXHIBIT 12.1 CONN 2014.07.31 EX 12.1


EXHIBIT 12.1

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

 
Six Months Ended July 31,
 
2014
 
2013
Income before income taxes
$
72,056

 
$
65,232

Fixed charges
21,149

 
14,838

Capitalized interest
(112
)
 
(242
)
Total earnings
$
93,093

 
$
79,828

Interest expense (including capitalized interest)
$
9,821

 
$
5,597

Amortized premiums and expenses
1,262

 
1,651

Estimated interest within rent expense
10,066

 
7,590

Total fixed charges
$
21,149

 
$
14,838

Ratio of earnings to fixed charges
4.40

 
5.38