EX-12.1 2 d252733dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

TreeHouse Foods, Inc.

Computation of Ratio of Earnings to Fixed Charges

(Dollars in thousands)

 

       Nine Months Ended  
September 30, 2016		     Year Ended
    December 31, 2015    		  

Earnings:

     

Income before income taxes

    $ 70,003      $ 171,264   

Add (deduct):

     

Fixed charges

      113,679        70,067   

Capitalization of interest, net of amortization

      (1,105 )      (161 ) 
  

 

 

    

 

 

  

Earnings available for fixed charges (a)

    $ 182,577      $ 241,170   
  

 

 

    

 

 

  
    

Fixed charges:

     

Interest expense

    $ 87,955      $ 45,474   

Capitalized interest and tax interest

      1,858        511   

One third of rental expense (1)

      23,866        24,082   
  

 

 

    

 

 

  

Total fixed charges (b)

    $ 113,679      $ 70,067   
  

 

 

    

 

 

  
    

Ratio of earnings to fixed charges (a/b)

      1.61        3.44   
  

 

 

    

 

 

  

(1) Considered to be representative of interest factor in rental expense.

 

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