EX-12.1 7 conn20131031ex121.htm EXHIBIT 12.1 CONN 2013.10.31 EX 12.1


EXHIBIT 12.1

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

 
 
Nine Months Ended October 31,
 
 
2013
 
2012
Income before income taxes
 
$
103,216

 
$
55,027

Fixed charges
 
23,188

 
21,936

Capitalized interest
 
(289
)
 
(139
)
Total earnings
 
$
126,115

 
$
76,824

Interest expense (including capitalized interest)
 
$
8,674

 
$
10,374

Amortized premiums and expenses
 
2,335

 
2,924

Estimated interest within rent expense
 
12,179

 
8,638

Total fixed charges
 
$
23,188

 
$
21,936

Ratio of earnings to fixed charges
 
5.44

 
3.50