EX-12.1 2 mtz03311410-qex121.htm EXHIBIT MTZ 03.31.14 10-Q EX 12.1




Exhibit 12.1

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

 
For the Three Months Ended March 31,
 
2014
 
2013
Earnings:
 
 
 
Income from continuing operations before income taxes
$
26,106

 
$
31,668

Add: Fixed charges
33,331

 
26,415

Total earnings
$
59,437

 
$
58,083

Fixed charges:
 
 
 
Interest expense
$
12,040

 
$
10,147

Estimate of interest expense within rental expense
21,291

 
16,268

Total fixed charges
$
33,331

 
$
26,415

Ratio of earnings to fixed charges
1.8

 
2.2