EX-12.1 5 ex12-1.htm EXHIBIT 12.1 ex12-1.htm

 

Exhibit 12.1

 

 

 

J. B. Transport Services, Inc.

 

Statement of Computation of Ratio of Earnings to Fixed Charges

 
                                                 
   

6 Mos Ended

                                         
   

June 30, 2015

   

2014

   

2013

   

2012

   

2011

   

2010

 

Net Earnings

  $ 195,350,984     $ 374,791,927     $ 342,381,695     $ 310,354,165     $ 257,005,995     $ 199,616,898  

Taxes

    120,240,267       229,808,698       211,186,120       194,286,754       158,726,770       120,077,045  

Interest Expense

    13,410,858       27,027,858       23,208,851       25,559,320       28,508,449       28,006,299  

Estimated interest within rental expenses

    4,777,504       9,783,813       8,292,877       6,871,705       6,188,121       5,459,276  

Adjusted Earnings

    333,779,613       641,412,296       585,069,543       537,071,944       450,429,335       353,159,518  
                                                 

Interest Expense

    13,410,858       27,027,858       23,208,851       25,559,320       28,508,449       28,006,299  

Estimated interest within rental expenses

    4,777,504       9,783,813       8,292,877       6,871,705       6,188,121       5,459,276  

Fixed Charges

  $ 18,188,362     $ 36,811,671     $ 31,501,728     $ 32,431,025     $ 34,696,570     $ 33,465,575  
                                                 

Fixed Charge Coverage Ratio

    18.35       17.42       18.57       16.56       12.98       10.55