EX-12.1 4 ex121q12017aramarkratiotoe.htm EXHIBIT 12.1 Exhibit
Exhibit 12.1

ARAMARK AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES(A) 
(Unaudited)
(In thousands)

 
 
Three Months
Ended
December 30, 2016
 
Income before income taxes
 
$
178,378

 
Fixed charges, excluding capitalized interest
 
81,079

 
Undistributed earnings of less than 50% owned affiliates
 
(4,239
)
 
Earnings, as adjusted
 
$
255,218

 
Interest expense
 
$
66,858

 
Portion of operating lease rentals representative of interest factor
 
14,012

 
Fixed charges
 
$
80,870

 
Ratio of earnings to fixed charges
 
3.2

x


(A)
For the purpose of determining the ratio of earnings to fixed charges, earnings include pretax income (loss) from continuing operations plus fixed charges (excluding capitalized interest). Fixed charges consist of interest on all indebtedness (including capitalized interest) plus that portion of operating lease rentals representative of the interest factor (deemed to be one-third of operating lease rentals).