EX-12.1 2 mtz03311310-qex121.htm EXHIBIT MTZ 03.31.13 10-Q EX 12.1




Exhibit 12.1



STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)


 
For the Three Months Ended March 31,
 
2013
 
2012
Earnings:
 
 
 
Income from continuing operations before provision for income taxes
$
31,668

 
$
19,499

Add:
 
 
 
Fixed charges
26,414

 
21,867

Less undistributed earnings (losses) from equity method investees
—

 
—

Total earnings
$
58,082

 
$
41,366

Fixed charges:
 
 
 
Interest expense
$
10,146

 
$
9,054

Estimate of interest expense within rental expense
16,268

 
12,813

Total fixed charges
$
26,414

 
$
21,867

Ratio of earnings to fixed charges
2.2

 
1.9